Stifel slashes price target on Twitter Inc. [TWTR] – find out why.

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Twitter Inc. [NYSE: TWTR] slipped around -0.09 points on Friday, while shares priced at $49.02 at the close of the session, down -0.18%. The company report on April 28, 2022 that Twitter Announces First Quarter 2022 Results.

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Twitter, Inc. (NYSE: TWTR) today announced financial results for its first quarter 2022.

Twitter Inc. stock is now 13.42% up from its year-to-date (YTD) trading value. TWTR Stock saw the intraday high of $50.25 and lowest of $48.74 per share. The company’s 52-week high price is 73.34, which means current price is +56.61% above from all time high which was touched on 04/05/22.

Compared to the average trading volume of 49.58M shares, TWTR reached a trading volume of 38026724 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Twitter Inc. [TWTR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TWTR shares is $51.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TWTR stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stifel have made an estimate for Twitter Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 26, 2022. The new note on the price target was released on April 25, 2022, representing the official price target for Twitter Inc. stock. Previously, the target price had yet another raise to $50, while Truist analysts kept a Hold rating on TWTR stock. On April 20, 2022, analysts increased their price target for TWTR shares from 41 to 50.

The Average True Range (ATR) for Twitter Inc. is set at 2.68, with the Price to Sales ratio for TWTR stock in the period of the last 12 months amounting to 7.15. The Price to Book ratio for the last quarter was 5.37, with the Price to Cash per share for the same quarter was set at 8.36. Price to Free Cash Flow for TWTR in the course of the last twelve months was 115.63 with Quick ratio for the last quarter at 5.90.

How has TWTR stock performed recently?

Twitter Inc. [TWTR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.18. With this latest performance, TWTR shares gained by 25.69% in over the last four-week period, additionally sinking by -9.71% over the last 6 months – not to mention a drop of -11.23% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TWTR stock in for the last two-week period is set at 59.49, with the RSI for the last a single of trading hit 58.01, and the three-weeks RSI is set at 59.59 for Twitter Inc. [TWTR]. The present Moving Average for the last 50 days of trading for this stock 40.49, while it was recorded at 49.63 for the last single week of trading, and 50.28 for the last 200 days.

Twitter Inc. [TWTR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Twitter Inc. [TWTR] shares currently have an operating margin of +5.38 and a Gross Margin at +64.60. Twitter Inc.’s Net Margin is presently recorded at -4.36.

Return on Equity for this stock declined to -2.90, with Return on Assets sitting at -1.61.

Twitter Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.90 and a Current Ratio set at 5.90.

Insider trade positions for Twitter Inc. [TWTR]

There are presently around $29,116 million, or 80.80% of TWTR stock, in the hands of institutional investors. The top three institutional holders of TWTR stocks are: VANGUARD GROUP INC with ownership of 70,375,259, which is approximately 0.399% of the company’s market cap and around 0.50% of the total institutional ownership; MORGAN STANLEY, holding 70,157,074 shares of the stock with an approximate value of $3.44 billion in TWTR stocks shares; and BLACKROCK INC., currently with $2.54 billion in TWTR stock with ownership of nearly -0.178% of the company’s market capitalization.

Positions in Twitter Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 505 institutional holders increased their position in Twitter Inc. [NYSE:TWTR] by around 58,972,409 shares. Additionally, 478 investors decreased positions by around 105,886,516 shares, while 144 investors held positions by with 429,103,950 shares. The mentioned changes placed institutional holdings at 593,962,875 shares, according to the latest SEC report filing. TWTR stock had 164 new institutional investments in for a total of 19,546,262 shares, while 164 institutional investors sold positions of 51,749,156 shares during the same period.