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Twilio (TWLO) Gains But Lags Market: What You Should Know

·2-min read

Twilio (TWLO) closed at $99.12 in the latest trading session, marking a +1.76% move from the prior day. This change lagged the S&P 500's 3.06% gain on the day. Meanwhile, the Dow gained 2.68%, and the Nasdaq, a tech-heavy index, lost 0.08%.

Heading into today, shares of the company had lost 3.38% over the past month, outpacing the Computer and Technology sector's loss of 3.41% and the S&P 500's loss of 4.31% in that time.

Twilio will be looking to display strength as it nears its next earnings release. On that day, Twilio is projected to report earnings of -$0.20 per share, which would represent a year-over-year decline of 81.82%. Our most recent consensus estimate is calling for quarterly revenue of $921.21 million, up 37.71% from the year-ago period.

TWLO's full-year Zacks Consensus Estimates are calling for earnings of -$0.39 per share and revenue of $3.82 billion. These results would represent year-over-year changes of -56% and +34.42%, respectively.

Investors might also notice recent changes to analyst estimates for Twilio. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Within the past 30 days, our consensus EPS projection remained stagnant. Twilio is currently a Zacks Rank #2 (Buy).

The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 156, putting it in the bottom 39% 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.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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