This story originally appeared on Zacks
Twilio (TWLO) closed the last trading day at $215.16, up -0.92% from the previous trading session. This change delayed the S&P 500’s gains by 0.08% on the day. Meanwhile, the Dow Jones lost 0.56%, and the tech-heavy Nasdaq lost 0.42%.
Prior to today’s trading, the company’s shares have lost 16.77% over the past month. This lagged the computer and technology sector’s loss of 5.11% and the S&P 500’s gain of 0.22% in that time.
Twilio will be looking to show strength as it approaches its next earnings release, which is expected to be February 9, 2022. On that day, Twilio is expected to report earnings of -$0.23 per share, which is a year over year growth of 675%. Meanwhile, our latest consensus estimate calls for revenue of $768.89 million, up 40.29% over the prior year quarter.
Investors should also note any recent changes to analyst estimates for Twilio. These reviews usually reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive rating reviews as a good sign of the company’s business outlook.
Our research shows that these discretionary changes are directly correlated with near-term stock prices. Investors can take advantage of this using Zacks Rank. This model takes into account these changes in grading and provides a simple and actionable rating system.
Ranging from #1 (strong buy) to #5 (strong sell), the Zacks Rank system has a proven and externally audited track record of outperforming, with the #1 stock returning an average of +25% annually since 1988. In the past 30 days, it has remained The unanimous EPS drop is stagnant. Twilio is currently ranked #3 by Zacks.
Internet – The software industry is part of the computer and technology sector. This group has a Zacks Industry Rating of 176, placing it in 31% of all 250+ industries.
Zacks Industry Ranks are listed in order from best to worst in terms of the average Zacks rating of individual companies in each of these sectors. Our research shows that industries ranked 50% outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to keep track of all these stock movement metrics and more in upcoming trading sessions.
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