Shares of 2U Inc (NASDAQ:TWOU) have been assigned a consensus recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $29.20.
A number of analysts have weighed in on TWOU shares. DA Davidson increased their price objective on 2U from $17.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 13th. William Blair started coverage on 2U in a research report on Monday, August 12th. They set a “market perform” rating for the company. BidaskClub raised 2U from a “hold” rating to a “buy” rating in a research report on Wednesday, November 27th. Zacks Investment Research raised 2U from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday, November 19th. Finally, BMO Capital Markets increased their price objective on 2U from $20.00 to $24.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th.
NASDAQ TWOU traded down $0.16 during trading hours on Tuesday, hitting $22.80. 16,648 shares of the company were exchanged, compared to its average volume of 1,406,054. The company has a 50 day moving average of $21.35 and a two-hundred day moving average of $25.24. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.42. 2U has a 52-week low of $11.37 and a 52-week high of $80.49. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of -36.21 and a beta of 0.60.
2U (NASDAQ:TWOU) last released its quarterly earnings data on Tuesday, November 12th. The software maker reported ($0.41) EPS for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.09. The business had revenue of $153.80 million for the quarter, compared to the consensus estimate of $149.84 million. 2U had a negative return on equity of 12.09% and a negative net margin of 35.28%. The business’s revenue for the quarter was up 43.7% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.01) EPS. On average, equities research analysts predict that 2U will post -2.09 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of 2U in the 2nd quarter valued at approximately $49,000. BNP Paribas Arbitrage SA lifted its holdings in shares of 2U by 27.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,596 shares of the software maker’s stock valued at $60,000 after buying an additional 347 shares during the period. Pearl River Capital LLC acquired a new stake in shares of 2U in the 2nd quarter valued at approximately $62,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of 2U in the 2nd quarter valued at approximately $67,000. Finally, Captrust Financial Advisors lifted its holdings in shares of 2U by 159.2% in the 2nd quarter. Captrust Financial Advisors now owns 2,333 shares of the software maker’s stock valued at $88,000 after buying an additional 1,433 shares during the period.
2U Company Profile
2U, Inc operates as an education technology company in the United States, Hong Kong, South Africa, and the United Kingdom. The company operates through two segments, Graduate Program Segment and Short Course Segment. It offers front-end technology and services, including online learning platform, student and faculty and immersion support, accessibility, admissions application advising, in-program student field placements, and faculty recruiting.
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