Brokerages Set 2U, Inc. (NASDAQ:TWOU) PT at $4.31

Shares of 2U, Inc. (NASDAQ:TWOU) have received an average recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $4.31.

Several research firms have recently issued reports on TWOU. StockNews.com began coverage on 2U in a report on Sunday. They set a “hold” rating on the stock. Needham & Company LLC cut 2U from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Finally, Morgan Stanley reduced their target price on 2U from $2.00 to $1.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TWOU. ARK Investment Management LLC increased its position in shares of 2U by 11.2% during the third quarter. ARK Investment Management LLC now owns 9,765,122 shares of the software maker’s stock worth $24,120,000 after acquiring an additional 981,368 shares during the last quarter. Vanguard Group Inc. increased its holdings in 2U by 6.8% in the third quarter. Vanguard Group Inc. now owns 7,153,185 shares of the software maker’s stock valued at $44,707,000 after buying an additional 458,189 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 2U by 4.5% in the first quarter. JPMorgan Chase & Co. now owns 1,817,383 shares of the software maker’s stock valued at $12,450,000 after buying an additional 77,706 shares during the last quarter. Invesco Ltd. increased its holdings in 2U by 11.1% in the first quarter. Invesco Ltd. now owns 1,769,009 shares of the software maker’s stock valued at $23,492,000 after buying an additional 177,100 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in 2U by 14.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,759,732 shares of the software maker’s stock valued at $4,347,000 after buying an additional 225,253 shares during the last quarter. Institutional investors and hedge funds own 90.55% of the company’s stock.

2U Stock Performance

2U stock opened at $0.37 on Friday. 2U has a fifty-two week low of $0.32 and a fifty-two week high of $8.65. The stock has a fifty day moving average of $0.66 and a two-hundred day moving average of $1.45. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $30.61 million, a price-to-earnings ratio of -0.09 and a beta of 0.84.

2U (NASDAQ:TWOU) last posted 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 return on equity of 7.92% and a negative net margin of 33.58%. The business had revenue of $255.66 million for the quarter, compared to analyst estimates of $275.84 million. On average, analysts anticipate that 2U will post -0.25 EPS for the current fiscal year.

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.