2U (NASDAQ:TWOU) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of 2U (NASDAQ:TWOUFree Report) in a report issued on Wednesday morning. The firm issued a hold rating on the software maker’s stock.

TWOU has been the subject of several other research reports. Needham & Company LLC downgraded 2U from a buy rating to a hold rating in a research report on Tuesday, February 13th. Morgan Stanley cut their price target on 2U from $2.00 to $1.00 and set an equal weight rating for the company in a report on Tuesday, February 13th. Nine analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Hold and an average target price of $4.31.

Check Out Our Latest Stock Analysis on 2U

2U Stock Down 1.6 %

Shares of NASDAQ TWOU opened at $0.35 on Wednesday. 2U has a 52-week low of $0.31 and a 52-week high of $6.10. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.97 and a current ratio of 0.97. The business has a fifty day moving average of $0.46 and a two-hundred day moving average of $1.14. The stock has a market cap of $29.44 million, a PE ratio of -0.09 and a beta of 0.83.

2U (NASDAQ:TWOUGet Free Report) last announced its earnings results on Monday, February 12th. The software maker reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.07). The firm had revenue of $255.66 million for the quarter, compared to analyst estimates of $275.84 million. 2U had a negative return on equity of 7.92% and a negative net margin of 33.58%. As a group, equities research analysts expect that 2U will post -0.25 earnings per share for the current fiscal year.

Institutional Trading of 2U

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TWOU. Axxcess Wealth Management LLC bought a new position in shares of 2U in the 3rd quarter valued at about $25,000. Point72 Middle East FZE acquired a new position in 2U in the fourth quarter valued at approximately $25,000. Principal Financial Group Inc. bought a new position in 2U in the third quarter valued at approximately $28,000. Qtron Investments LLC acquired a new stake in 2U during the 3rd quarter worth $35,000. Finally, Hsbc Holdings PLC bought a new stake in shares of 2U during the 3rd quarter valued at $35,000. 80.53% of the stock is currently owned by institutional investors and hedge funds.

About 2U

(Get Free Report)

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.

Further Reading

Analyst Recommendations for 2U (NASDAQ:TWOU)

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