|Bid||37.14 x 3200|
|Ask||0.00 x 800|
|Day's Range||36.80 - 38.29|
|52 Week Range||26.19 - 47.79|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||21.55|
|Earnings Date||Jul 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||39.50|
Is Twitter stock a buy now? Check out the stock's fundamental and technical metrics to figure out if the stock should be on your watch list.
For social media company Snap (NYSE:SNAP), life as a public company has been a roller coaster. It started with a huge post-IPO pop, as SNAP stock jumped from its $17 IPO price to $30 within the first few days of trading.Source: Shutterstock Then, a few bad earnings reports later, SNAP stock price tumbled all the way to $5, as its user growth fell flat, its revenue growth slowed, and its losses piled up. In 2019, though, SNAP stock has nearly doubled amid renewed user growth, healthy revenue growth trends, and improving margins. * 6 Stocks to Buy for This Decade's Massive Megatrend In other words, Snap stock has risen tremendously, tumbled, and rallied by a large amount, all in two years. Naturally, the question now is: What's next? Another surge higher? Another huge retreat?InvestorPlace - Stock Market News, Stock Advice & Trading TipsNeither. I actually think Snapchat stock will break its two-year trading pattern and move largely sideways for the rest of the year. SNAP stock price won't drop tremendously because it has tons of catalysts on the horizon which should help it grow at healthy rates. But it won't rally in a big way, either, because its valuation is very rich and already prices in gains from all those catalysts.So, for the first time in its two-year history, SNAP stock may actually find some stability at this point in the lower double-digit range. Lots of Catalysts Will Keep Selling MutedSnap has a plethora of catalysts on the horizon which will keep its growth trends healthy for the rest of 2019, and that elevated growth will keep investors from selling SNAP stock in bulk.Snap has shown good progress in early 2019. After plateauing for several quarters, Snap's user base finally grew again in early 2019, as the company moved past the awful redesign headaches that plagued it in 2018. Its revenue growth trends broadly remained healthy as advertisers continue to give the platform a shot because of its unprecedented reach among America's young people. Its gross margins continued to move higher, and its operating-spending rates dropped, as its business grew.All in all, Snap has proven that it can continue to grow, and that's why SNAP stock has bounced back from the dead.These improved growth trends should persist for the rest of the year. On the user-growth front, Snap's user base should remain largely stable as the ramp over at Instagram in general and Instagram Stories in particular appears to be in the rear-view mirror. Plus, the company has successfully overhauled its Android app, and that should boost its international user growth.Meanwhile, on the revenue front, continued healthy user growth trends should help Snap attract more and more advertisers to the platform. Also, the more mature Snap's advertising business gets, the more ad dollars it should attract as advertisers become more and more comfortable with spending money on the relatively new platform. Its gross margins will continue to improve as its business grows, and its operating-spending rates will continue to drop.All in all, SNAP's growth trends should remain favorable for SNAP stock for the rest of the year. Because of that, it's tough to see SNAP stock price falling much from its current level. Rich Valuation Will Keep Buying MutedAt the same time, it's equally tough to see SNAP stock rallying much, given its already stretched valuation. In short, SNAP stock price already fully reflects all of the company's 2019 positive catalysts, and then some.SNAP stock currently trades at 12 times its 2018 sales. That puts the stock in a class of its own when it comes to digital advertising names. Facebook (NASDAQ:FB) trades at nine times its trailing sales. So does Twitter (NYSE:TWTR). Meanwhile, Alphabet (NASDAQ:GOOG) trades at six times its trailing sales. Indeed, the only other digital ad stock with a comparable sales multiple is Pinterest (NYSE:PINS), and Pinterest's revenues surged 50%-plus last quarter and its user base jumped 20%-plus.In contrast, Snap's revenues increased by less than 40% last quarter, and its user count dropped year-over-year.A great deal of the premium valuation reflected by SNAP stock is due to its potential ability to increase its margins. Snap runs huge operating losses, while Facebook, Twitter, and Alphabet all have very high margins. The potential for Snap to one day generate high margins is largely responsible for the premium multiple of SNAP stock.But, even taking into account the potential margin increase, today's valuation seems full. Snap's revenues can and will easily rise at a 20%-plus rate for the foreseeable future. Its gross margins can climb towards 80%. Its operating-spending rates could reasonably drop towards 30% as its business grows. But, even with all those aggressive assumptions, Snap will still only report EPS of about $0.70 by fiscal 2025.Based on a forward multiple of 25 which is average for digital-advertising stocks,, that implies a reasonable 2024 price target for Snap stock of $17.50. Discounted back by 10% per year, that equates to a fiscal 2019 price target of just under $11. The Bottom Line on SNAP StockLife as a public company has been a roller-coaster ride for SNAP stock. This wild ride may be ending soon. There are enough positive catalysts on the table to keep SNAP stock price from dropping much for the foreseeable future. At the same time, there are enough valuation risks to keep the stock from rallying much for the foreseeable future, too.Thus, SNAP stock looks destined to trade sideways over the next several months and quarters. That would be an unusual - and perhaps welcome - break from the big swings this stock has made over the past two years.As of this writing, Luke Lango was long FB, GOOG, and PINS. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Why Snap Stock May Finally Stabilize for the First Time in 2 Years appeared first on InvestorPlace.
Twitter has confirmed it's testing higher ad loads on select users, and Post said the initial positive market reaction was appropriate. “We remain constructive on potential content and ad improvements from increased testing by Twitter, a potential driver that gained visibility with the prototype app launch in March,” Post wrote in a note. In addition to ad load testing, Post said Twitter is still testing and tweaking new app features as well, and management hinted on the first-quarter earnings call that prototype app testing is going well so far.
The stock market sold off early Thursday with heavy losses across the major stock indexes. Twitter stock is near a buy point.
Momo's (MOMO) first-quarter 2019 results are likely to benefit from new tools and investments to boost user engagement levels.
Twitter (TWTR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
It’s also pushed one Republican, Michigan libertarian Justin Amash, to call for impeachment. Indeed, some are arguing that Trump may be the one who wants impeachment – as a 2020 general election strategy.
Will China’s currency “ po qi ” or “crack seven” — trader talk for the government letting the renminbi depreciate through the 7 to the dollar level in the foreign exchange markets? International currency ...
The head of a well-known wealth manager told me the other day that getting her workforce to enter the modern world was still a struggle at times. Recently, she sat in on a meeting between one of her advisers and a wealthy couple and noticed that her adviser only spoke to the man. Such anecdotes show how far the wealth management industry needs to go to claw its way into the 21st century.
“Get these phony investigations over with,” Trump said he told House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Wednesday at the White House. Minutes later, reporters were abruptly summoned to the White House Rose Garden, where a podium had been prepared for Trump to speak.
The tech giants sought to assure lawmakers that they take the threat of foreign influence seriously after being blindsided by Kremlin-backed disinformation campaigns on their platforms during the 2016 election. "There is no silver bullet, but we will continue to work to get it right," said Richard Salgado, Google’s director of law enforcement and information security.
Now it's time to check out three tech stocks that came through our screen today that growth investors might want to consider buying right now.
Twitter is the IBD Stock Of The Day, a social media pioneer with a cup-base chart formation that is approaching a buy point. Twitter stock jumped Wednesday on word it may increase ad loads.
The Bloomberg story comes after several journalists reported seeing more ads than usual on their Twitter feeds this week. On Tuesday, a Twitter spokesperson confirmed the company has been testing changes to its ad load. Twitter users’ ad loads vary depending on a number of factors, and not all users may be experiencing more ads.
is experimenting with ad load, the industry term for how often users see advertisements on their feed, the company confirmed in a statement to Bloomberg. "We are always running experiments with our ad experience, including with the various aspects of ad frequency and targeting," the social media company told Bloomberg. Twitter makes most of its money from advertisements but not every user sees the same number of ads.
Xi made the remarks on Monday while leaving the Long March memorial garden in Jiangxi Province, according to a video clip released by state television. The site marks the starting point of a lengthy migration from 1934 by the Communist Party’s military after setbacks that forced it to join with troops in northwest China.
The organizations' letter to the firms cited a recent Reuters report https://www.reuters.com/article/us-philipmorris-ecigs-instagram-exclusiv/exclusive-philip-morris-suspends-social-media-campaign-after-reuters-exposes-young-influencers-idUSKCN1SH02K documenting how cigarette maker Philip Morris International Inc has used young personalities on Instagram to sell a new "heated tobacco" product called IQOS. The groups said social media firms are not doing enough to regulate "influencers" on their platforms who are hired by companies to promote nicotine products.
Six people have died and about 200 have been injured in clashes in Jakarta following the official announcement on Tuesday that incumbent Joko Widodo had won the Indonesian presidential elections. News of the deaths, announced by the city’s governor Anies Baswedan, came as Indonesia’s chief security minister Wiranto said the government was partially blocking access to social media to try to calm the situation. “Certain features are to be deactivated to protect against the negative messages that continue to be disseminated to the community,” said Mr Wiranto, who goes by only one name.
Theresa May is facing pressure to abandon her Brexit deal and quit as British prime minister within days, according to people familiar with the matter. Speaking on condition of anonymity, the individuals said May’s allies know there is little hope of her Withdrawal Agreement Bill passing a crucial vote in the House of Commons, even after she promised MPs the chance to call a second referendum on Brexit. A number of officials inside the party believe she will face intense pressure from her own ministers to quit and make way for a new leader to try to deliver Brexit.
they will have a vote on whether to hold a second EU referendum and the possibility of a close customs arrangement with the bloc if they support her “bold new” Brexit deal. Aside from the bold move of promising MPs a vote on whether to put her Brexit deal to a confirmatory referendum, the prime minister’s latest offer also included pledges on workers’ rights, the environment, trade and the Northern Ireland question. To keep up with the latest Brexit news, sign up to FT Brexit Briefing newsletters.
Several new studies have found a surge in homegrown “junk news” about immigration and Islam, rather than explicit attacks by foreign actors on EU institutions and personalities, in the run-up to this week’s EU elections.
Twitter is rising in above average volume Wednesday, putting it closer to a cup-with-handle base buy point. The base is deep and messy, but the development of a handle is positive. This is the action you should look for if the stock breaks out.