TwitterInc. (NYSE:TWTR) traded at $54.58 at close of the session on Tuesday, May 04, made a downturn move of -1.16% on its previous day’s price.
Looking at the stock we see that its previous close was $55.22 and the beta (5Y monthly) reads 0.79 with the day’s price range being $52.67 – 55.55. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, TWTR has a high of $80.75 and a low of $27.12. The company’s stock has gained about -14.49% over that past 30 days.
TwitterInc. has a market cap of $51.38 Billion and is expected to release its quarterly earnings report on Jul 21, 2021- Jul 26, 2021. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the TWTR stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.09, with the EPS growth for the year raised at $0.78 for 2021 and $1.09 for next year. These figures represent -1.9% and 0.4% growth in EPS for the two years respectively.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the TWTR stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of Hold.
Based on estimates by 41 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 27 have rated the TwitterInc. (TWTR) stock as a Hold, while 10 rate it as a Buy. None analyst(s) rate it as outperform while none of them rated it as underperform, whereas 4 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the TWTR stock currently stands at 0, and the current price level is -19.05% off its SMA20 and -19.41% from its 50-day simple moving average. The RSI (14) is pointing at 28.91 while the volatility over the past week is 4.59% and drops to 4.01% over the past one month. The beta value is 0.79, while the average true range (ATR) is currently pointing at 3.19. The average price target for the stock over the next 12 months is $65.94, with the estimates having a low of $30 and a high of $95. These price ends are -45.03% and +74.06% off the current price level respectively, although investors could be excited at the prospect of a +20.92% if the TWTR share price touches on the median price of $66.
Let’s briefly compare TwitterInc. (TWTR) stock to its peers. We find that current price change of -1.16% and +96.05% over the past 12 months for TWTR competes that of Paypal Holdings (PYPL), which has seen its stock price fall -1.22% in the last trading session and was +114.82% over the last one year. Another of its peers Square (SQ) has dropped -0.47% previous session, and was +286.79% up over the past year, while Snap Inc (SNAP) was also down -1.16% in the last session, while its price remained in the green at 96.05% over the same period. TwitterInc. has a P/E ratio of 0 compared to Paypal Holdings 73.23 and Square’s 846.11. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.27% and 0.7%, respectively, at close of the trading.
Coming back to TwitterInc. (NYSE:TWTR), we note that the average 3-month trading volume was 22.62 Million, while that of the preceding 10-day period stands at 16.08 Million. Current shares outstanding are 798.67 Million.
According to data from Thomson Reuters, insiders hold 2.51% of the company’s shares while institutions hold 78.25%. The data shows that short shares as of April 14, 2021, stood at 28.31 Million at a short ratio of 1.77. This represents a 3.54% short interest in shares outstanding on April 14, 2021. Shares short dropped in April from the previous month at 33.69 Million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock +0.79% up in year-to-date price movement.