2U Inc (TWOU) Given Consensus Recommendation of “Hold” by Analysts

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Shares of 2U Inc (NASDAQ:TWOU) have received an average rating of “Hold” from the fourteen analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $75.09.

Several research firms recently commented on TWOU. Needham & Company LLC lowered their target price on 2U to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. DA Davidson raised their target price on 2U to $70.00 and gave the company a “buy” rating in a research report on Wednesday, May 8th. BidaskClub upgraded 2U from a “strong sell” rating to a “sell” rating in a research report on Thursday, May 9th. ValuEngine lowered 2U from a “buy” rating to a “hold” rating in a research note on Wednesday, May 8th. Finally, BMO Capital Markets decreased their price target on 2U from $83.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, May 8th.

TWOU traded up $0.57 during trading hours on Friday, hitting $39.60. The company’s stock had a trading volume of 22,804 shares, compared to its average volume of 710,056. 2U has a fifty-two week low of $38.62 and a fifty-two week high of $98.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.11 and a quick ratio of 5.11. The stock has a market cap of $2.36 billion, a P/E ratio of -62.92 and a beta of 0.64.

2U (NASDAQ:TWOU) last posted its earnings results on Tuesday, May 7th. The software maker reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.03. 2U had a negative return on equity of 5.85% and a negative net margin of 10.19%. The firm had revenue of $122.20 million for the quarter, compared to analysts’ expectations of $121.77 million. During the same period last year, the firm earned ($0.12) EPS. The firm’s revenue was up 32.4% compared to the same quarter last year. Equities analysts anticipate that 2U will post -1.23 EPS for the current year.

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

A number of hedge funds and other institutional investors have recently modified their holdings of TWOU. Rehmann Capital Advisory Group bought a new stake in shares of 2U during the 4th quarter worth $34,000. Icon Wealth Partners LLC bought a new stake in shares of 2U during the 1st quarter worth $55,000. Captrust Financial Advisors boosted its stake in shares of 2U by 352.8% during the 4th quarter. Captrust Financial Advisors now owns 1,046 shares of the software maker’s stock worth $52,000 after acquiring an additional 815 shares in the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co bought a new stake in shares of 2U during the 1st quarter worth $85,000. Finally, Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of 2U by 94.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,240 shares of the software maker’s stock valued at $88,000 after purchasing an additional 602 shares in the last quarter.

About 2U

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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