Twilio Inc (NYSE:TWLO) shares, rose in value, with the stock price down by -0.08% to the previous day’s close as strong demand from buyers drove the stock to $60.08.
Actively observing the price movement in the last trading, the stock closed the session at $60.13. The value of beta (5-year monthly) was 1.35. Referring to stock’s 52-week performance, its high was $78.16, and the low was $45.02. On the whole, TWLO has fluctuated by 2.60% over the past month.
With the market capitalization of Twilio Inc currently standing at about $10.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 07, 2024 – May 13, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.59, which is expected to increase to $0.74 for fiscal year $2.71 and then to about $3.23 by fiscal year 2025. Data indicates that the EPS growth is expected to be 10.60% in 2025, while the next year’s EPS growth is forecast to be 19.20%.
Analysts have estimated the company’s revenue for the quarter at $1.03 billion, with a low estimate of $1.03 billion and a high estimate of $1.05 billion. According to the average forecast, sales growth in current quarter could jump up 2.60%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $4.37 billion, representing an increase of 5.20% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that TWLO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of TWLO currently trading nearly -2.06% and -5.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.39, while the 7-day volatility ratio is showing 2.45% which for the 30-day chart, stands at 2.49%. Furthermore, Twilio Inc (TWLO)’s beta value is 1.34, and its average true range (ATR) is 1.71.
A comparison of Twilio Inc (TWLO) with its peers suggests the former has fared considerably weaker in the market. TWLO showed an intraday change of -0.08% in last session, and over the past year, it shrunk by -6.40%%.
Data on historical trading for Twilio Inc (NYSE:TWLO) indicates that the trading volumes over the past 10 days have averaged 2.86 million and over the past 3 months, they’ve averaged 3.56 million. According to company’s latest data on outstanding shares, there are 181.95 million shares outstanding.
Nearly 5.40% of Twilio Inc’s shares belong to company insiders and institutional investors own 80.08% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.4 million shares as on Mar 15, 2024, resulting in a short ratio of 0.66. According to the data, the short interest in Twilio Inc (TWLO) stood at 1.87% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 3.02 million. The stock has fallen by -20.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TWLO stock heading into the next quarter.
