Twitter (NYSE:TWTR) was downgraded by equities researchers at Vetr from a “strong-buy” rating to a “buy” rating in a report issued on Friday. They currently have a $25.02 target price on the social networking company’s stock. Vetr‘s price objective suggests a potential upside of 12.55% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. BidaskClub upgraded Twitter from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Goldman Sachs Group set a $26.00 price target on Twitter and gave the stock a “buy” rating in a research note on Friday, October 27th. Argus upgraded Twitter from a “hold” rating to a “buy” rating and lifted their price target for the stock from $19.71 to $25.00 in a research note on Friday, November 3rd. Jefferies Group reiterated a “hold” rating and issued a $16.00 price target on shares of Twitter in a research note on Thursday, September 28th. Finally, KeyCorp reiterated a “hold” rating on shares of Twitter in a research note on Wednesday, October 4th. Twelve analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Twitter presently has a consensus rating of “Hold” and an average target price of $17.97.

Twitter (NYSE TWTR) opened at $22.23 on Friday. Twitter has a 52 week low of $14.12 and a 52 week high of $23.24. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, October 26th. The social networking company reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. The business had revenue of $590.00 million during the quarter, compared to the consensus estimate of $586.22 million. Twitter had a negative return on equity of 1.21% and a negative net margin of 15.08%. The company’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period last year, the firm earned $0.09 earnings per share. equities analysts predict that Twitter will post 0.02 EPS for the current fiscal year.

In other news, Director Evan Clark Williams sold 2,000,300 shares of Twitter stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $21.06, for a total transaction of $42,126,318.00. Following the sale, the director now owns 2,530,241 shares of the company’s stock, valued at $53,286,875.46. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Vijaya Gadde sold 15,000 shares of Twitter stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $17.66, for a total value of $264,900.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,504,977 shares of company stock worth $112,609,309. Corporate insiders own 10.79% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TWTR. Balentine LLC increased its stake in shares of Twitter by 86.6% during the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock valued at $115,000 after acquiring an additional 3,167 shares during the period. Toronto Dominion Bank increased its stake in shares of Twitter by 21.3% during the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after acquiring an additional 1,333 shares during the period. Malaga Cove Capital LLC acquired a new position in shares of Twitter during the third quarter valued at approximately $154,000. Federated Investors Inc. PA acquired a new position in shares of Twitter during the second quarter valued at approximately $174,000. Finally, Staley Capital Advisers Inc. acquired a new position in shares of Twitter during the third quarter valued at approximately $173,000. 50.83% of the stock is currently owned by institutional investors.

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Twitter Company Profile

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

Analyst Recommendations for Twitter (NYSE:TWTR)

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