TWTR Has Been Offered Brokerage Predictions For Q1 Earnings

TWTR
TWTR

Quite a few investment analysts from Wedbush have already provided their estimates into the Q1 EPS for TWTR in a research report that was sent out on the 13th of April. Y. Arounian has now predicted that the company for social networks will be reporting an EPS of $0.02 for this quarter. 

The Quarterly Estimates of TWTR

The stocks of TWTR previously announced their quarterly report on the 9th of February. The company for social networking had an EPS of $0.38 for the quarter, which was more than the consensus estimate set at $0.31. The return on equity for the company was at a negative 12.42%, with a negative net margin set at 1.70%. The revenue for the company for this quarter was $1.29 billion, which was slightly less than the consensus estimate set at $1.19 billion. 

There have been quite a few research equities that have commented on the stocks of TWTR. Susquehanna has already increased the price target of the company from $58 to $70 with a rating of positive in a 10th February research report. Deutsche Bank has also increased the price target of the company from $65 to $76 with a rating of buy in a 10th February research note. Truist Securities has also increased the rating of the company from hold to buy with a price target that has been set at $74 in a 29th March research report. Pivotal Research has also increased the price target of the company from $77.25 to $95 with a rating of buy in a 4th March research report. 

Two of the research equities that have covered the stocks have given it a rating of sell, while twenty-one others have given it a rating of hold. Close to sixteen others have given it a rating of buy. Currently, TWTR has a hold rating with a $67.50 price target.

The stocks of TWTR traded on Friday at $71.71. The moving average price of the company over 50 days is $67.81, with a moving average price of the company over 200 days set at $55.01. The current ratio of the company is 4.44, with a 4.44 quick ratio, along with a 0.3 debt-to-equity ratio.