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Twilio (TWLO) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest trading session, Twilio (TWLO - Free Report) closed at $52.49, marking a -1.58% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.17%. At the same time, the Dow lost 0.58%, and the tech-heavy Nasdaq gained 0.27%.
Shares of the company witnessed a loss of 10.05% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.16% and the S&P 500's loss of 3.95%.
The investment community will be closely monitoring the performance of Twilio in its forthcoming earnings report. The company is scheduled to release its earnings on November 8, 2023. On that day, Twilio is projected to report earnings of $0.35 per share, which would represent year-over-year growth of 229.63%. Meanwhile, the latest consensus estimate predicts the revenue to be $985.03 million, indicating a 0.2% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.70 per share and revenue of $4.04 billion, indicating changes of +1233.33% and +5.67%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Twilio. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Twilio possesses a Zacks Rank of #2 (Buy).
With respect to valuation, Twilio is currently being traded at a Forward P/E ratio of 31.32. Its industry sports an average Forward P/E of 35.87, so one might conclude that Twilio is trading at a discount comparatively.
We can additionally observe that TWLO currently boasts a PEG ratio of 0.58. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.43.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 70, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Twilio (TWLO) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Twilio (TWLO - Free Report) closed at $52.49, marking a -1.58% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.17%. At the same time, the Dow lost 0.58%, and the tech-heavy Nasdaq gained 0.27%.
Shares of the company witnessed a loss of 10.05% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.16% and the S&P 500's loss of 3.95%.
The investment community will be closely monitoring the performance of Twilio in its forthcoming earnings report. The company is scheduled to release its earnings on November 8, 2023. On that day, Twilio is projected to report earnings of $0.35 per share, which would represent year-over-year growth of 229.63%. Meanwhile, the latest consensus estimate predicts the revenue to be $985.03 million, indicating a 0.2% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.70 per share and revenue of $4.04 billion, indicating changes of +1233.33% and +5.67%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Twilio. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Twilio possesses a Zacks Rank of #2 (Buy).
With respect to valuation, Twilio is currently being traded at a Forward P/E ratio of 31.32. Its industry sports an average Forward P/E of 35.87, so one might conclude that Twilio is trading at a discount comparatively.
We can additionally observe that TWLO currently boasts a PEG ratio of 0.58. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.43.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 70, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.