Here’s Why Analysts Think You Should Buy Twitter Inc(NYSE:TWTR)

Twitter Inc( NYSE :TWTR) is finally gaining value after the company reported excellent third quarter results which show increased engagement and signs of user growth. Twitter’s monthly active users increased by 4% in the quarter to reach 330 million. But the real growth came in the daily active users (14%). Several analysts increased their price targets for Twitter after the results.

Investment firm UBS upped its price target for Twitter to $21 from $14. Analysts think that engagement and user growth of Twitter will keep rising amid surging political activity and interest worldwide. Capital investment platform FBN Securities also upped its price target for Twitter to $23 from $20. The firm gave an Outperform rating for the stock.

Over the current book year the total revenue will be 2,39 billion USD (consensus estimates). This is slightly lower than 2016's revenue of 2,53 billion USD.

Historical revenues and results Twitter Inc plus estimates 2017

The analysts expect for 2017 a net profit of 292 million USD. For this year the consensus of the result per share is a profit of 38 cent. The price-earnings-ratio equals an extreme 54,24.

Analysts don't expect the company to pay a dividend.The average dividend yield of the entertainment companies equals a limited 0,68 percent.

Based on the current number of shares Twitter Inc's market capitalization equals 14,31 billion USD.

At 21.02 the stock trades 0,05 percent lower at 20,61 USD.

Historical stock prices Twitter Inc

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