2U (NASDAQ:TWOU) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of 2U (NASDAQ:TWOU) in a research note published on Friday morning. The firm issued a hold rating on the software maker’s stock.

Several other brokerages have also recently issued reports on TWOU. Morgan Stanley cut their target price on 2U from $2.00 to $1.00 and set an equal weight rating on the stock in a research report on Tuesday, February 13th. Needham & Company LLC cut 2U from a buy rating to a hold rating in a research report on Tuesday, February 13th. Nine analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of Hold and an average price target of $4.31.

2U Stock Performance

NASDAQ TWOU opened at $0.24 on Friday. The company has a market cap of $20.10 million, a price-to-earnings ratio of -0.06 and a beta of 0.83. 2U has a 52 week low of $0.23 and a 52 week high of $6.10. The business has a 50 day moving average price of $0.36 and a 200-day moving average price of $0.96. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 4.09.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Axxcess Wealth Management LLC purchased a new position in 2U in the third quarter worth $25,000. Principal Financial Group Inc. purchased a new position in shares of 2U during the 3rd quarter valued at $28,000. Qtron Investments LLC purchased a new position in shares of 2U during the 3rd quarter valued at $35,000. Jump Financial LLC purchased a new position in shares of 2U during the 3rd quarter valued at $47,000. Finally, Oak Thistle LLC purchased a new position in shares of 2U during the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 80.53% of the company’s stock.

2U Company Profile

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.