Twitter, Inc. Common Stock (NYSE:TWTR).
On September 26 the company was downgraded to “Underperform” from “Perform” in a report issued by Oppenheimer. On September 26, 2016 the stock rating was rated “Reduce” in a report from Standpoint Research down from the previous “Buy” rating.
On September 23, 2016 Loop Capital started covering the stock with a rating of “Hold” and establishing a price target of $18.00. On September 23 the company was set at “Underperform” according to a RBC Capital report a cut from the previous “Underweight” rating.
Evercore ISI Group downgraded the stock and lowered the price target on August 18 changing the price objective from $22.00 to $17.00 and altering the rating from “Hold” to “Sell”.
The company is trading up since yesterday’s close of $23.37. Company chares are trading at $23.72 marginally over $19.29, the stock’s 50 day moving average and barely above the 200 day moving average of $17.02. The 50 day moving average went up by +22.95% and the 200 day average went up by +39.37%.
As of the last earnings report the EPS was $-0.60 and is projected to be $0.51 for the current year with 700,210,000 shares now outstanding. Next quarter’s EPS is forecasted to be $0.14 with next year’s EPS projected to be $0.58.