2U (NASDAQ:TWOU) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of 2U (NASDAQ:TWOU) in a research report released on Monday. The brokerage issued a hold rating on the software maker’s stock.

Other research analysts also recently issued research reports about the company. Morgan Stanley lowered their price objective on 2U from $2.00 to $1.00 and set an equal weight rating for the company in a research note on Tuesday, February 13th. Needham & Company LLC downgraded 2U from a buy rating to a hold rating in a research note on Tuesday, February 13th. Nine analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of Hold and an average target price of $4.31.

2U Stock Performance

Shares of 2U stock opened at $0.41 on Monday. 2U has a fifty-two week low of $0.31 and a fifty-two week high of $6.97. The firm has a market capitalization of $34.07 million, a P/E ratio of -0.10 and a beta of 0.84. The company has a debt-to-equity ratio of 4.09, a current ratio of 0.97 and a quick ratio of 0.97. The company’s 50 day moving average price is $0.57 and its two-hundred day moving average price is $1.30.

2U (NASDAQ:TWOU) last released its quarterly earnings data on Monday, February 12th. The software maker reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.07). 2U had a negative net margin of 33.58% and a negative return on equity of 7.92%. The firm had revenue of $255.66 million during the quarter, compared to analyst estimates of $275.84 million. On average, equities analysts forecast that 2U will post -0.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Captrust Financial Advisors lifted its position in shares of 2U by 179.8% during the 2nd quarter. Captrust Financial Advisors now owns 3,391 shares of the software maker’s stock valued at $36,000 after acquiring an additional 2,179 shares during the period. Point72 Middle East FZE acquired a new position in shares of 2U during the 4th quarter valued at $25,000. Axxcess Wealth Management LLC acquired a new position in shares of 2U during the 3rd quarter valued at $25,000. Federated Hermes Inc. acquired a new position in shares of 2U during the 1st quarter valued at $139,000. Finally, ProShare Advisors LLC acquired a new position in shares of 2U during the 1st quarter valued at $74,000. Institutional investors and hedge funds own 80.53% of the company’s stock.

About 2U

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.