The Needle On This Online Social Networking Stock - Twitter (NYSE: TWTR)

  • Dec 18, 2018 AEDT
  • Team Kalkine
The Needle On This Online Social Networking Stock - Twitter (NYSE: TWTR)

The last traded price of Twitter on the stock exchange (NYSE: TWTR) was around $33.43 as at December 17, 2018, which is around $2.44 or -6.80% lower. The day’s high was $35.70, and the low was of $33.20 while its 52-week high is $47.79 and 52-week low is of $22.04. The beta of the stock is 0.291 and shows that the volatility of the stock is less than the overall market volatility. From October 2018 the stock price has moved up from $28.19 to the current price of $33.43.

With this year performance Twitter has taken out the peer group members be it SNAP or Facebook. There was more of a bearish pattern after a high in March 2018 and a higher high in June 2018 while a lower high in August 2018. In Twitter's third quarter daily-active users rose by 9 percent which slowing and is its first quarter of single-digit growth in two years. Also, by around 20 percent, sign-ups reduced since efforts to detect malicious and spam accounts made progress. The social networking giant strive for user engagement and will focus on closing the fake accounts.

The company saw an advertising revenue growth of 29 percent in the September quarter which is its third quarterly increase of more than 20 percent. The quarterly revenue is estimated to be around $870 million which is up around 19 percent from the previous year. The company’s EPS is calculated to be around $0.26 which is up around 37% as compared to the prior quarter while full-year earnings of $0.80 per share and revenue of approximately $3 billion.

The forward P/E of the company is expected to be around 45 which is better than the industry average forward P/E of around 55. The fundamental side is also on the positive side and is backing up the stock performance. The outlook for the company’s business is positive as the PEG ratio is of around 2 considering the earnings growth rate of the company whereas the industry PEG ratio is close to 3 as on last weeks close.

As per the recent updates, there are some investigations around the ‘unusual traffic’ which could be from hackers’ side and is not a related issue. As per them, the issue is that hackers use the platform to steal your data like a country code of user’s phone number and locked accounts details, as declared by the company. After the news on the blog of Twitter, the shares of Twitter Inc (NYSE: TWTR) fell as much as around 7 percent yesterday, i.e. on Monday, December 13, 2018, as news of this level does hamper user’s trust in the social media platform.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK