2U (NASDAQ:TWOU) Receives New Coverage from Analysts at StockNews.com

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

Other equities research analysts also recently issued reports about the company. Needham & Company LLC downgraded 2U from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Morgan Stanley lowered their price target on 2U from $2.00 to $1.00 and set an “equal weight” rating for the company in a report on Tuesday, February 13th. Nine research 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.com, 2U has an average rating of “Hold” and an average price target of $4.31.

2U Price Performance

TWOU stock opened at $0.24 on Friday. 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 has a 52-week low of $0.23 and a 52-week high of $6.10. The stock’s 50 day moving average is $0.37 and its two-hundred day moving average is $0.99. The company has a market capitalization of $20.10 million, a PE ratio of -0.06 and a beta of 0.83.

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 analysts’ expectations of $275.84 million. Analysts predict that 2U will post -0.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TWOU. Jacobs Levy Equity Management Inc. boosted its position in 2U by 14.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,759,732 shares of the software maker’s stock worth $4,347,000 after acquiring an additional 225,253 shares during the period. BNP Paribas Financial Markets boosted its position in 2U by 49.0% during the 4th quarter. BNP Paribas Financial Markets now owns 1,331,482 shares of the software maker’s stock worth $1,638,000 after acquiring an additional 438,007 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in 2U by 6.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 836,251 shares of the software maker’s stock worth $1,029,000 after acquiring an additional 50,366 shares during the period. Los Angeles Capital Management LLC boosted its position in 2U by 76.1% during the 1st quarter. Los Angeles Capital Management LLC now owns 627,394 shares of the software maker’s stock worth $244,000 after acquiring an additional 271,133 shares during the period. Finally, Vestmark Advisory Solutions Inc. acquired a new position in 2U during the 4th quarter worth $399,000. Institutional investors and hedge funds 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.