The stocks of TWTR decided to post its quarterly report on Thursday according to a report from MarketWatch Earnings. The company for social networking had reported an EPS of $0.16 over the quarter, which was more than the consensus estimate set by Thomson Reuters at $0.14. The return on equity for the company was at -12.42%, with the net margin set at -31.70%.
The Quarterly Estimates Of TWTR
The TWTR stocks traded on Friday at $9.87. The moving average price of the company over a period of 50 days was set at $66.79, while the moving average price of the company set over a period of 200 days was set at $56.63. The market cap of the firm was $44.10 billion, with a -40.01 PE ratio, along with a 2.69 PEG ratio, and a 0.86 beta. The year low of the company has been $27.12, with the year high coming in at $80.75. The current ratio of the firm has been set at 4.44, with a 0.33 debt-to-equity ratio.
There have been quite a few research equities that have commented on the stocks of TWTR. JPMorgan Chase & Co has already reduced the price target of the company from $91 to $80, along with a rating of overweight in a Friday research note. Rosenblatt Securities has also reduced the price target of the company from $65 to $60, with a rating of neutral in a Friday research note.
Canaccord Genuity has also reduced the price target of the company from $82 to $68 with a rating of hold in a Friday research note. Citigroup has also gone ahead and put up a price target of $80 in a 16th March research note. In the end, Moffett Nathanson has also increased the price rating of the company from sell to neutral with a price target of $55 in a February 11 research note.
Two of the investment analysts covering the firm have given it a rating of sell, while nineteen others have given it a rating of hold. Sixteen others have issued the company with a rating of buy. Currently, TWTR has a hold rating with a price target of $67.92.