SunTrust Banks has a "Hold" rating and a $18.00 price target on the stock. Twitter's stock has subsequently rallied with investors appreciating the results, its shares were set to open at the highest level since July 2015. The social networking company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.05.
According to the company, MAU was impacted by seasonality and the change to Safari's third-party app integration, which affected approximately 2 million MAU in the quarter - roughly 1 million in the USA and 1 million in global markets. While it wouldn't be fair to compare Twitter's top-and-bottom-line fourth quarter print to that of Facebook's, looking at metric growth would be a good exercise for investors. Quarterly GAAP net income was $91 million, representing a GAAP net margin of 12% and GAAP diluted EPS of $0.12.
Several analysts recently issued reports on TWTR shares.
Stock in Twitter rose at one point by $5.92, or 22 percent, to $32.83 in pre-market trading on its reversing fortunes, after rising sharply in market action on Wednesday.
Analyst's ratings play a very important role in outlining a stock's performance.
Twitter, Inc. (NYSE:TWTR) closed its last session at $26.91. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Twitter has $56 highest and $1200 lowest target.
While Twitter grew over the year, it didn't add any new users since the previous quarter. Stock value has moved between $14.09 - 27.46 in last one year.
Aaron Goldman, CMO, 4C Insights, said: "Twitter's strong quarter is a clear reflection of brands steadily increasing their investment to capitalise on multi-screen marketing". While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows "Buy" signal. The shares price has positioned 38.78% over the past quarter while it has directed 66.63% shift throughout past six months. SELL rating has been given by 0 analyst (s) and 2 analyst (s) given BUY rating to the stock.
Shares climbed by 15% in the news. The shares were sold at an average price of $19.92, for a total value of $2,689,200.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
In other Twitter news, Director Evan Clark Williams sold 452,500 shares of Twitter stock in a transaction that occurred on Thursday, June 29th. Following the sale, the director now directly owns 2,328,359 shares in the company, valued at $56,555,840.11. The disclosure for this sale can be found here. Corporate insiders own 10.79% of the company's stock. If you are viewing this report on another website, it was illegally stolen and reposted in violation of USA and worldwide copyright & trademark law.
In a landmark quarter, a substantial surge in revenue saw Twitter easily breeze past analysts´ forecasts.
There are millions of fake accounts tweeting, retweeting and liking numerous most high-profile accounts on Twitter.