2U (TWOU) Stock Rating Lowered by TheStreet

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TheStreet cut shares of 2U (NASDAQ:TWOU) from a c- rating to a d rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports.

A number of other analysts have also recently issued reports on the stock. BidaskClub upgraded shares of 2U from a strong sell rating to a sell rating in a research note on Thursday, May 9th. ValuEngine cut shares of 2U from a buy rating to a hold rating in a research note on Wednesday, May 8th. Oppenheimer cut their target price on shares of 2U from $83.00 to $67.00 and set an outperform rating for the company in a research note on Wednesday, May 8th. Piper Jaffray Companies cut their target price on shares of 2U from $78.00 to $57.00 and set a neutral rating for the company in a research note on Wednesday, May 8th. Finally, Barrington Research cut their target price on shares of 2U from $90.00 to $75.00 and set an outperform rating for the company in a research note on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $75.09.

NASDAQ TWOU opened at $39.03 on Tuesday. The company has a quick ratio of 5.11, a current ratio of 5.11 and a debt-to-equity ratio of 0.08. The stock has a market cap of $2.36 billion, a PE ratio of -61.95 and a beta of 0.64. 2U has a 52-week low of $38.62 and a 52-week high of $98.00.

2U (NASDAQ:TWOU) last posted its earnings results on Tuesday, May 7th. The software maker reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.03. The company had revenue of $122.20 million during the quarter, compared to analysts’ expectations of $121.77 million. 2U had a negative net margin of 10.19% and a negative return on equity of 5.85%. 2U’s quarterly revenue was up 32.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.12) EPS. As a group, equities research analysts expect that 2U will post -1.23 earnings per share for the current year.

In other 2U news, insider Matthew J. Norden sold 1,650 shares of 2U stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $39.31, for a total value of $64,861.50. Following the completion of the sale, the insider now owns 14,142 shares in the company, valued at approximately $555,922.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory K. Peters acquired 12,459 shares of the company’s stock in a transaction on Tuesday, May 14th. The stock was acquired at an average price of $40.15 per share, with a total value of $500,228.85. Following the purchase, the director now directly owns 25,744 shares in the company, valued at $1,033,621.60. The disclosure for this purchase can be found here. 5.00% of the stock is owned by insiders.

A number of institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC purchased a new position in 2U in the third quarter valued at about $1,767,000. Neuberger Berman Group LLC raised its position in 2U by 21.2% in the third quarter. Neuberger Berman Group LLC now owns 18,856 shares of the software maker’s stock valued at $1,418,000 after purchasing an additional 3,300 shares during the period. Vanguard Group Inc raised its position in 2U by 4.0% in the third quarter. Vanguard Group Inc now owns 4,811,529 shares of the software maker’s stock valued at $361,779,000 after purchasing an additional 184,555 shares during the period. Mycio Wealth Partners LLC purchased a new position in 2U in the fourth quarter valued at about $74,000. Finally, We Are One Seven LLC purchased a new position in 2U in the fourth quarter valued at about $148,000.

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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Analyst Recommendations for 2U (NASDAQ:TWOU)

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