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Why the Market Dipped But Twilio (TWLO) Gained Today
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In the latest close session, Twilio (TWLO - Free Report) was up +2.34% at $188.34. The stock's change was more than the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.
Coming into today, shares of the company had lost 2.96% in the past month. In that same time, the Computer and Technology sector lost 2.15%, while the S&P 500 lost 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Twilio in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.32, signifying a 10.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.42 billion, indicating a 15.84% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.64 per share and revenue of $5.81 billion, which would represent changes of +15.34% and +14.61%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Twilio. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Twilio is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, Twilio is currently exchanging hands at a Forward P/E ratio of 32.64. This expresses a premium compared to the average Forward P/E of 17.83 of its industry.
We can additionally observe that TWLO currently boasts a PEG ratio of 1.81. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TWLO's industry had an average PEG ratio of 0.99 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Why the Market Dipped But Twilio (TWLO) Gained Today
In the latest close session, Twilio (TWLO - Free Report) was up +2.34% at $188.34. The stock's change was more than the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.
Coming into today, shares of the company had lost 2.96% in the past month. In that same time, the Computer and Technology sector lost 2.15%, while the S&P 500 lost 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Twilio in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.32, signifying a 10.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.42 billion, indicating a 15.84% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.64 per share and revenue of $5.81 billion, which would represent changes of +15.34% and +14.61%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Twilio. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Twilio is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, Twilio is currently exchanging hands at a Forward P/E ratio of 32.64. This expresses a premium compared to the average Forward P/E of 17.83 of its industry.
We can additionally observe that TWLO currently boasts a PEG ratio of 1.81. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TWLO's industry had an average PEG ratio of 0.99 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 90, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.