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

StockNews.com assumed coverage on shares of 2U (NASDAQ:TWOUFree Report) in a research note issued to investors on Wednesday morning. The brokerage issued a hold rating on the software maker’s stock.

A number of other brokerages also recently issued reports on TWOU. Morgan Stanley dropped their price objective on 2U from $2.00 to $1.00 and set an equal weight rating on the stock 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 investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Hold and an average target price of $4.31.

Get Our Latest Stock Report on 2U

2U Stock Down 4.2 %

Shares of TWOU opened at $0.35 on Wednesday. The company has a market capitalization of $28.86 million, a PE ratio of -0.09 and a beta of 0.83. 2U has a 12 month low of $0.31 and a 12 month high of $6.10. The stock’s 50-day moving average price is $0.44 and its two-hundred day moving average price is $1.13. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.09.

2U (NASDAQ:TWOUGet Free Report) last announced its quarterly earnings data 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 business had revenue of $255.66 million during the quarter, compared to analyst estimates of $275.84 million. 2U had a negative net margin of 33.58% and a negative return on equity of 7.92%. On average, analysts anticipate that 2U will post -0.25 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Barclays PLC raised its stake in 2U by 131.3% during the 3rd quarter. Barclays PLC now owns 126,320 shares of the software maker’s stock worth $312,000 after buying an additional 71,696 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in 2U by 14.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,759,732 shares of the software maker’s stock worth $4,347,000 after purchasing an additional 225,253 shares in the last quarter. Oak Thistle LLC bought a new stake in 2U during the 4th quarter worth approximately $39,000. ARK Investment Management LLC increased its holdings in 2U by 11.2% during the 3rd quarter. ARK Investment Management LLC now owns 9,765,122 shares of the software maker’s stock worth $24,120,000 after purchasing an additional 981,368 shares in the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in 2U by 37.2% during the 3rd quarter. Los Angeles Capital Management LLC now owns 215,142 shares of the software maker’s stock worth $531,000 after purchasing an additional 58,331 shares in the last quarter. 80.53% of the stock is owned by institutional investors and hedge funds.

2U Company Profile

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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.

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Analyst Recommendations for 2U (NASDAQ:TWOU)

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