Somewhat Favorable News Coverage Somewhat Unlikely to Impact Twilio (TWLO) Share Price

Media coverage about Twilio (NYSE:TWLO) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Twilio earned a news impact score of 0.07 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.8344047224813 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern’s scoring:

TWLO has been the subject of a number of recent research reports. Robert W. Baird reiterated a “buy” rating and set a $37.00 price objective on shares of Twilio in a research note on Friday, November 10th. Oppenheimer reiterated a “buy” rating and set a $38.00 price objective on shares of Twilio in a research note on Monday, September 18th. Northland Securities set a $36.00 price objective on Twilio and gave the company a “buy” rating in a research note on Monday, November 13th. Zacks Investment Research cut Twilio from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Twilio has an average rating of “Buy” and a consensus price target of $36.78.

Twilio (TWLO) opened at $25.71 on Tuesday. Twilio has a one year low of $22.80 and a one year high of $35.15.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.12. Twilio had a negative return on equity of 17.55% and a negative net margin of 15.69%. The firm had revenue of $100.54 million during the quarter, compared to analysts’ expectations of $92.50 million. During the same quarter in the previous year, the business earned ($0.04) earnings per share. The company’s revenue was up 40.6% on a year-over-year basis. equities research analysts anticipate that Twilio will post -0.75 EPS for the current fiscal year.

In related news, CFO Lee Kirkpatrick sold 7,000 shares of Twilio stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $25.38, for a total value of $177,660.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Karyn Smith sold 5,213 shares of Twilio stock in a transaction on Monday, November 20th. The stock was sold at an average price of $25.83, for a total value of $134,651.79. The disclosure for this sale can be found here. Insiders sold 47,347 shares of company stock valued at $1,416,011 in the last 90 days. Company insiders own 25.03% of the company’s stock.

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Twilio Company Profile

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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