Economy

Twitter Inc (TWTR) Stock Still Popping as Wall Street Gives Thumbs Up

Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, October 26th. The shares were sold at an average price of $16.07, for a total transaction of $241,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 3,747,245 shares of company stock valued at $72,555,634 in the last quarter.

On Friday, September 1st, Robert Kaiden sold 3,805 shares of Twitter stock.

In related news, General Counsel Vijaya Gadde sold 15,000 shares of the stock in a transaction that occurred on Wednesday, August 16th. Twitter, Inc. (TWTR) has an operating margin of -14.30%. (TWTR) declined -4.37% and closed its last trading session at $19.71. The company has a debt-to-equity ratio of 0.35, a current ratio of 10.40 and a quick ratio of 9.79. J P Morgan Chase & Co increased their price target on Twitter from $16.00 to $20.00 and gave the stock a "neutral" rating in a research report on Monday.

EPS Estimate for the next Quarter is 0.13. Return on Equity (ROE) stands at -9.4% and Return on Investment (ROI) of -6.1 percent.

In case of Revenue Estimates, 30 analysts have provided their consensus Average Revenue Estimates for Twitter, Inc.as 686.3 Million. During the same period in the previous year, the business earned $0.09 EPS. If you are viewing this article on another site, it was illegally copied and reposted in violation of USA & global trademark & copyright law. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & global copyright laws.

TWTR has been the topic of several recent analyst reports. Susquehanna Bancshares Inc upped their price target on Twitter from $17.00 to $20.00 and gave the company a neutral rating in a research report on Thursday, October 26th.

RBC Capital analyst Mark Mahaney said in his post-earnings note that although the company's results were "less worse", it's not clear whether they were "better". The company has a consensus rating of "Hold" and an average target price of $17.22.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The company now has a consensus rating of Hold and a consensus target price of $17.44.

Three months ago, on the other hand, the average analyst rating for Twitter, Inc. Thirteen investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of "Hold" and a consensus price target of $17.44.

The ratio is more positive, as 213 institutional investors started new or increased holdings, while 165 sold and reduced their stock positions in Tweeter Home Entertainment Group Inc. Toronto Dominion Bank boosted its stake in Twitter by 21.3% in the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company's stock worth $136,000 after buying an additional 1,333 shares during the period. Gilder Gagnon Howe & Co. LLC raised its holdings in Twitter by 112.3% during the 2nd quarter. Exane Derivatives now owns 59,516 shares of the social networking company's stock valued at $1,004,000 after purchasing an additional 9,363 shares during the last quarter. More interesting news about Twitter Inc (NYSE:TWTR) were released by: Investorplace.com and their article: "Don't Buy Twitter Inc Stock for This Simple Reason" published on November 02, 2017 as well as Investorplace.com's news article titled: "This Cost-Cutting Plan May Not Actually Help Twitter Inc Stock" with publication date: November 03, 2017. Also, the number of institutional investors holding Tweeter Home Entertainment Group Inc in their top 10 holdings decreased from 7 to 5 for a decrease of 2. NEXT Financial Group Inc now owns 11,030 shares of the social networking company's stock worth $197,000 after buying an additional 650 shares during the period. Insiders own 10.79% of the company's stock.



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