2U (NASDAQ:TWOU) has received a consensus recommendation of “Buy” from the thirteen brokerages that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $87.55.

TWOU has been the topic of several research reports. Robert W. Baird reissued a “buy” rating on shares of 2U in a research report on Tuesday, January 9th. BidaskClub raised 2U from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 11th. Zacks Investment Research raised 2U from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a research report on Friday, January 12th. KeyCorp reissued an “overweight” rating and issued a $83.00 target price (up from $73.00) on shares of 2U in a research report on Tuesday, January 30th. Finally, BMO Capital Markets upped their target price on 2U from $74.00 to $87.00 and gave the company an “outperform” rating in a research report on Tuesday, February 27th.

In other news, Director Timothy M. Haley sold 45,000 shares of the stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $88.67, for a total transaction of $3,990,150.00. Following the sale, the director now directly owns 4,508 shares of the company’s stock, valued at approximately $399,724.36. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Christopher J. Paucek sold 193,544 shares of the stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $82.72, for a total transaction of $16,009,959.68. Following the sale, the chief executive officer now directly owns 389,735 shares in the company, valued at $32,238,879.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 258,537 shares of company stock worth $21,699,132. 8.40% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of 2U by 12.5% during the 4th quarter. BlackRock Inc. now owns 3,184,359 shares of the software maker’s stock worth $205,423,000 after acquiring an additional 353,767 shares in the last quarter. Bamco Inc. NY boosted its stake in shares of 2U by 6.2% during the 4th quarter. Bamco Inc. NY now owns 2,454,547 shares of the software maker’s stock worth $158,343,000 after acquiring an additional 143,176 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of 2U by 32.7% during the 4th quarter. Bank of New York Mellon Corp now owns 743,018 shares of the software maker’s stock worth $47,933,000 after acquiring an additional 183,113 shares in the last quarter. OppenheimerFunds Inc. boosted its stake in shares of 2U by 3.6% during the 4th quarter. OppenheimerFunds Inc. now owns 573,797 shares of the software maker’s stock worth $37,015,000 after acquiring an additional 20,127 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of 2U by 5.6% during the 4th quarter. Geode Capital Management LLC now owns 479,453 shares of the software maker’s stock worth $30,929,000 after acquiring an additional 25,264 shares in the last quarter.

NASDAQ TWOU opened at $84.22 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.28 and a current ratio of 4.28. 2U has a 1 year low of $39.58 and a 1 year high of $91.00. The firm has a market capitalization of $4,507.73, a P/E ratio of -155.96 and a beta of -0.09.

2U (NASDAQ:TWOU) last released its earnings results on Monday, February 26th. The software maker reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. 2U had a negative return on equity of 9.54% and a negative net margin of 10.26%. The firm had revenue of $86.70 million for the quarter, compared to the consensus estimate of $85.12 million. During the same period in the prior year, the firm earned $0.04 EPS. The firm’s revenue was up 51.0% on a year-over-year basis. analysts expect that 2U will post -0.79 earnings per share for the current fiscal year.

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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.

Analyst Recommendations for 2U (NASDAQ:TWOU)

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