Wedbush re-issued its share neutral rating Twitter (NYSE: TWTR) in a research report sent to investors Monday, July 29, RTT News reports. A price target of $ 42.00 is currently at Wedbush's stock of social networking company. Wedbush also issued estimates for Q4 2019 Twitter earnings at $ 0.23 EPS, FY2019 earnings at $ 2.07 EPS, R1 2020 earnings at $ 0.12 EPS, Q2 2020 earnings at $ 0.14 EPS, C3 Earnings 2020 at $ 0.15 EPS, earnings Q4 2020 at $ 0.28 EPS, F202020 earnings at $ 0.70 EPS, Q1 2021 earnings at $ 0.15 EPS, Q2 2021 earning at $ 0.15 EPS and FY2021 earnings at $ 0.81 EPS.
Some other equity analysts issued recent reports on TWTR. China Renaissance Securities took Twitter coverage in a report on Wednesday, 29 May. They issued a sales rating and a $ 28.00 price target on the stock. SunTrust Banks reiterated a retention rating and issued a $ 34.00 price target on Twitter shares in a report on Monday, 22 April. Robert W. Baird raised his target price on Twitter from $ 33.00 to $ 40.00 and he gave a neutral rating for the stock in a report on Tuesday, 23 April. Canaccord Genuity reiterated its restart and set a $ 42.00 target rating (up from $ 32.00 previously) on Twitter shares in a report on Wednesday, April 24th. They noted that the transfer was a valuation call. Finally, Jefferies Finance Group raised its target price on Twitter from $ 41.00 to $ 44.00 and gave it a possession rating for the stock in a report on Monday, 29 July. Four analysts have been sold a rating, seventeen analysts have been given a rating, and fifteen have issued a purchasing rating to the company's stock. The company currently has an average holding rate and a combined target price of $ 40.91.
Twitter stock trading $ 0.59 during Monday day trading day, hitting with $ 42.29. The stock had a trade volume of 11,334,764, compared to the average of 16,082,419. There is an average of $ 50.45 moving 40 days on average and a simple two-day average moving of $ 35.84. The stock has a market capitalization of $ 32.51 billion, an PE ratio of 76.89, a P / E / G ratio of 0.84 and a beta of 0.62. Twitter has a $ 26.19 low of 12 months and has $ 43.48 at a height of 12 months. The company has a current ratio of 4.33, a rapid ratio of 4.33 and a debt-to-equity ratio of 0.29.
Twitter (NYSE: TWTR) sent its quarterly results on earnings on Friday, 26 July. The social networking company reported $ 0.12 earnings per share (EPS) for the quarter, spending the compromise estimates of $ 0.09 with $ 0.03. The business had an income of $ 841.40 million for the quarter, compared to the expectations of analysts of $ 828.07 million. Twitter yielded a 7.93% equity and net value of 71.46%. The firm's quarterly income was up 18.4% compared to the same quarter last year. During the same quarter last year, the business earned earnings of $ 0.17 per share. The sales analysts expect Twitter to post 2.06 earnings per share for the current fiscal year.
In related news, VP Matthew Derella sold 10,793 shares of Twitter stock in a transaction that took place on Monday, June 3rd. The stock was sold at an average price of $ 35.31, a total value of $ 381,100.83. The sale was disclosed in a document filed with the SEC, which is available at this link. In addition, Michael sold 1,250 shares of Twitter stock in a transaction which took place on Wednesday, 5 June. The shares were sold at an average price of $ 36.50, a total value of $ 45,625.00. The disclosure for this sale can be found here. Over 146,032 shares of the company's stock were sold in the last quarter to the value of € 5,697,904. 2.65% of the stock is currently owned by the company.
Institutional investors have recently changed their jobs in stock. LLC Investment Advisors Resources. He got a new job in Twitter shares during the second quarter which is worth about $ 30,000. Ellevest Inc. increased. its position in Twitter shares of 4,150.0% during the second quarter. Is owned by Ellevest Inc.. now on 850 shares of the social networking company stock worth $ 30,000 after buying 830 additional shares during the final quarter. Kings Point Capital Management received a new post in Twitter shares during the second quarter worth around $ 35,000. Moody National Bank Trust Division increased its position in Twitter shares by 92.6% during the first quarter. Moody National Bank Trust Division now owns 994 shares of the social networking company stock worth $ 33,000 after purchasing 478 additional shares during the final quarter. Finally, First Financial Corp IN got a new job in Twitter shares during the first quarter which is worth about $ 33,000. 68.77% of the stock is currently owned by institutional investors and hedged funds.
Company Profile Twitter
Twitter, Inc. acts as a platform for self-expression and public conversation in real-time. The company offers a variety of products and services, including Twitter, a platform that allows users to eat, create, distribute, and find content; and Periscope, a mobile application that enables the user to broadcast and watch live video with others.
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