Twilio Inc. (NYSE: TWLO) Is Getting Increasingly Hard To Ignore


    The Vanguard Group, Inc. recently announced the acquisition of new stake in Twilio Inc. (NYSE:TWLO). The institutional investor has increased its shareholding in the Communication Services company by 2.01% to 11.63 million shares with purchase of 0.23 million shares. This fresh investment now brings its stake to 9.04% valued currently at $3.23 billion. In addition, Morgan Stanley Investment Managem.. raised its holdings by 0.19 million to 10.57 million shares. And BlackRock Fund Advisors has lifted its position by 7.86% or 0.39 million shares – to 5.33 million shares.

    With over 2.74 million Twilio Inc. (TWLO) shares trading Tuesday and a closing price of $273.24 on the day, the dollar volume was approximately $747.67 million. The shares have shown a positive weekly performance of 9.51% and its price on 09/01/20 gained nearly 1.29%. Currently, there are 141.62M common shares owned by the public and among those 137.22M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 28 analysts who have offered their price forecasts for TWLO have a consensus price objective of $294.57. The analysts have set the share’s price value over the next 12 months at a high of $335.00 and a low of $210.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Twilio Inc. stock is 1.90 for the next 12 months. The average price target is 8.43% above its last price level and an upside to the estimated low will see the stock lose -30.11% over that period. But an upside of 18.44% will see the stock hit the forecast high price target while mean target price for the stock is $310.00.

    Insiders at the company have transacted a total of 252 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 47 of these insider trades were purchases, accounting for 806,468 shares. Insider sales of the common stock occurred on 205 occasions, with total insider shares sold totaling 1,195,307 shares.

    The top 3 mutual fund holders in Twilio Inc. are Vanguard Total Stock Market Index, Vanguard Mid Cap Index Fund, and Morgan Stanley Instl. Fund-Growth. Vanguard Total Stock Market Index owns 3.66 million shares of the company’s stock, all valued at over $1.02 billion. The company sold 10051.0 shares recently to bring their total holdings to about 2.85% of the shares outstanding. Vanguard Mid Cap Index Fund sold 23452.0 shares to see its total holdings shrink to 3.16 million shares valued at over $876.63 million and representing 2.46% of the shares outstanding. Morgan Stanley Instl. Fund-Growth bought 0.12 million shares to bring its total holdings to over 2.33 million shares at a value of $645.75 million. Morgan Stanley Instl. Fund-Growth now owns shares totaling to 1.81% of the shares outstanding.

    Shares of Twilio Inc. (NYSE: TWLO) opened at $274.36, up $4.6 from a prior closing price of $269.76. However, the script later closed the day at $273.24, up 1.29%. The company’s stock has a 5-day price change of 9.51% and 36.08% over the past three months. TWLO shares are trading 178.02% year to date (YTD), with the 12-month market performance up to 110.67% higher. It has a 12-month low price of $68.06 and touched a high of $288.81 over the same period. Currently, 2.74 million shares have been traded, compared to an average intraday trading volume of 3.01 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.02%, 11.10%, and 76.81% respectively.

    Institutional ownership of Twilio Inc. (NYSE: TWLO) shares accounts for 89.70% of the company’s 141.62M shares outstanding. Mutual fund holders own 40.05%, while other institutional holders and individual stakeholders account for 53.94% and 2.08% respectively.

    It has a market capitalization of $40.22B and a beta (3y monthly) value of 1.59. The earnings-per-share (ttm) stands at -$2.68. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.23% over the week and 4.04% over the month.

    Analysts forecast that Twilio Inc. (TWLO) will achieve an EPS of -$0.05 for the current quarter, -$0.01 for the next quarter and $0.23 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.11 while analysts give the company a high EPS estimate of $0.04. Comparatively, EPS for the current quarter was $0.03 a year ago. Earnings per share for the fiscal year are expected to decrease by -88.00%, and 136.46% over the next financial year. EPS should grow at an annualized rate of 20.50% over the next five years, compared to -48.60% over the past 5-year period.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 28 brokerage firm advisors rate Twilio Inc. (TWLO) as a “Strong Buy” at a consensus score of 1.90. Specifically, 20 Wall Street analysts polled rate the stock as a buy, while 6 of the 28 advise that investors “hold,” and 1 rated it as a “Sell.”

    Looking at the support for the TWLO, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on July 24, 2020, with the firm’s price target at. Cowen coverage for the Twilio Inc. (TWLO) stock in a research note released on July 17, 2020 offered a Outperform rating with a price target of $260. JMP Securities was of a view on July 15, 2020 that the stock is Mkt Outperform, while Goldman gave the stock Neutral rating on June 24, 2020, issuing a price target of $137- $225. Piper Sandler on their part issued Overweight rating on June 15, 2020.


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