2U (NASDAQ:TWOU) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of 2U (NASDAQ:TWOU) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.

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

2U Stock Performance

Shares of TWOU stock opened at $0.36 on Wednesday. The company has a market cap of $29.93 million, a P/E ratio of -0.09 and a beta of 0.83. The firm has a fifty day moving average price of $0.48 and a 200 day moving average price of $1.15. 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 has a 12 month low of $0.31 and a 12 month high of $6.10.

2U (NASDAQ:TWOU) last released its quarterly earnings data on Monday, February 12th. The software maker reported $0.43 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $255.66 million during the quarter, compared to analysts’ expectations of $275.84 million. Sell-side analysts predict that 2U will post -0.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Axxcess Wealth Management LLC acquired a new position in shares of 2U during the 3rd quarter worth $25,000. Point72 Middle East FZE acquired a new position in 2U during the fourth quarter worth about $25,000. Principal Financial Group Inc. purchased a new position in 2U in the third quarter valued at about $28,000. Qtron Investments LLC acquired a new stake in shares of 2U during the 3rd quarter valued at approximately $35,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of 2U during the 3rd quarter valued at approximately $35,000. Hedge funds and other institutional investors 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.