Twitter, Inc. (NYSE:TWTR) revenue boss Adam Bain a top CEO candidate

Twitter, Inc. (NYSE:TWTR) revenue boss Adam Bain a top CEO candidate

206
0
SHARE

Twitter’s (NYSE:TWTR) revenue chief Adam Bain is being seriously considered for the CEO role at the company, says Business Insider. According to the BI report, Bain is the primary candidate that the board is concentrating on at the moment and is a more viable contender than any of the few outside candidates.

Shares of Twitter, Inc. (NYSE:TWTR) are trading -0.23% at the time of writing on the news and in the range of 34.53 – 35.43 for the current session. In taking a deeper look at the stock and where it might be headed, brokerage firms on Wall Street currently have a consensus one year price target of 45.93 on the shares. This is according to analysts surveyed by Thomson Reuters First Call. The sell-side analysts are projecting earnings per share of 0.06 for the next fiscal quarter. For the current year, analysts are predicting earnings of 0.34 per share according to First Call.

In looking at where the stock is trading on a technical level, the stock is trading -3.24% away from its 50 day moving average of 35.84. Based on the most recent available data, the equity is -38.06% off of its 52-week high of 55.99 and +3.49% away from its 52-week low which is 33.51.

In taking a look at the company’s valuation, the firm’s price to earnings ratio stands at N/A. This is a crucial indicator investors watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock. The price to current year EPS estimates from research analysts currently stands at 102.00. In looking further ahead, potential investors should note that the company’s price to next year’s EPS estimates is 51.76.

Today, the stock opened at 35.17 and the last bid at the time of writing stood at 34.68. During the session thus far, the equity dipped down to 34.53 and touched 35.43 as the high point. Twitter, Inc. Common Stock has a market cap of 22.47B and has seen an average daily volume of 21851900 over the past three months.

NO COMMENTS

LEAVE A REPLY