Twitter (NYSE:TWTR) had its price objective lifted by equities researchers at JPMorgan Chase from $36.00 to $39.00 in a research report issued on Thursday. The firm currently has an “overweight” rating on the social networking company’s stock. JPMorgan Chase’s price objective would indicate a potential upside of 34.48% from the company’s current price.

A number of other research firms have also recently weighed in on TWTR. Morgan Stanley upped their price target on Twitter from $15.00 to $28.00 and gave the stock an “underweight” rating in a report on Thursday, February 15th. Zacks Investment Research cut Twitter from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 13th. Vetr upgraded Twitter from a “sell” rating to a “hold” rating and set a $32.58 price target for the company in a report on Monday, February 19th. Wedbush restated a “hold” rating and issued a $26.00 price target on shares of Twitter in a report on Monday, April 23rd. Finally, Pivotal Research cut Twitter from a “hold” rating to a “sell” rating and set a $21.00 price target for the company. in a report on Thursday, February 8th. Six analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $25.11.

TWTR opened at $29.00 on Thursday. The company has a market cap of $22,729.88, a P/E ratio of 483.33, a price-to-earnings-growth ratio of 8.17 and a beta of 0.86. Twitter has a 1 year low of $15.67 and a 1 year high of $36.80. The company has a debt-to-equity ratio of 0.34, a current ratio of 9.12 and a quick ratio of 9.12.

Twitter (NYSE:TWTR) last posted its earnings results on Wednesday, April 25th. The social networking company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.15. The firm had revenue of $665.00 million during the quarter, compared to the consensus estimate of $607.56 million. Twitter had a net margin of 0.57% and a return on equity of 2.86%. The company’s revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.07 EPS. analysts expect that Twitter will post 0.17 earnings per share for the current year.

In related news, Director Evan Clark Williams sold 546,200 shares of the firm’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $35.22, for a total transaction of $19,237,164.00. Following the transaction, the director now directly owns 2,147,751 shares in the company, valued at $75,643,790.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Kaiden sold 6,018 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $26.17, for a total value of $157,491.06. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,440,650 shares of company stock valued at $108,405,624. Company insiders own 10.79% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. CNB Bank bought a new position in Twitter during the fourth quarter worth $101,000. Avestar Capital LLC bought a new position in Twitter during the fourth quarter worth $103,000. We Are One Seven LLC bought a new position in Twitter during the fourth quarter worth $128,000. Pier Capital LLC bought a new position in Twitter during the fourth quarter worth $175,000. Finally, Marcus Capital LLC bought a new position in Twitter during the fourth quarter worth $212,000. Hedge funds and other institutional investors own 54.84% of the company’s stock.

About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

Analyst Recommendations for Twitter (NYSE:TWTR)

Receive News & Ratings for Twitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter and related companies with MarketBeat.com's FREE daily email newsletter.