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

Analysts at StockNews.com assumed coverage on shares of 2U (NASDAQ:TWOU) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the software maker’s stock.

TWOU has been the subject of a number of other research reports. Morgan Stanley decreased their target price on 2U from $2.00 to $1.00 and set an “equal weight” rating for the company in a report on Tuesday, February 13th. Needham & Company LLC downgraded 2U from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, 2U currently has an average rating of “Hold” and an average target price of $4.31.

2U Price Performance

Shares of NASDAQ TWOU opened at $0.28 on Thursday. 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 cap of $23.51 million, a PE ratio of -0.07 and a beta of 0.83. The business has a 50-day simple moving average of $0.41 and a two-hundred day simple moving average of $1.06. 2U has a fifty-two week low of $0.27 and a fifty-two week high of $6.10.

2U (NASDAQ:TWOU) last issued its quarterly earnings results on Monday, February 12th. The software maker reported $0.43 earnings per share 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 during the quarter, compared to analyst estimates of $275.84 million. As a group, equities analysts expect that 2U will post -0.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Barclays PLC raised its position in 2U by 131.3% during the third quarter. Barclays PLC now owns 126,320 shares of the software maker’s stock valued at $312,000 after acquiring an additional 71,696 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in 2U by 14.7% during 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 acquiring an additional 225,253 shares in the last quarter. Oak Thistle LLC purchased a new position in 2U during the fourth quarter valued at approximately $39,000. ARK Investment Management LLC raised its position in 2U by 11.2% during the third quarter. ARK Investment Management LLC now owns 9,765,122 shares of the software maker’s stock valued at $24,120,000 after acquiring an additional 981,368 shares in the last quarter. Finally, Los Angeles Capital Management LLC raised its position in 2U by 37.2% during the third quarter. Los Angeles Capital Management LLC now owns 215,142 shares of the software maker’s stock valued at $531,000 after acquiring an additional 58,331 shares in the last quarter. 80.53% of the stock is currently owned by hedge funds and other institutional investors.

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.