Research Analysts’ Recent Ratings Updates for 2U (TWOU)

Several analysts have recently updated their ratings and price targets for 2U (NASDAQ: TWOU):

  • 11/16/2018 – 2U was given a new $95.00 price target on by analysts at First Analysis. They now have a “buy” rating on the stock.
  • 11/13/2018 – 2U was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 11/6/2018 – 2U had its price target lowered by analysts at BMO Capital Markets from $93.00 to $75.00. They now have a “positive” rating on the stock.
  • 11/6/2018 – 2U had its price target lowered by analysts at KeyCorp from $100.00 to $80.00. They now have an “overweight” rating on the stock.
  • 11/6/2018 – 2U had its price target lowered by analysts at Credit Suisse Group AG from $100.00 to $80.00. They now have an “outperform” rating on the stock.
  • 11/6/2018 – 2U had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $75.00 price target on the stock, down previously from $100.00.
  • 11/6/2018 – 2U had its price target lowered by analysts at Piper Jaffray Companies to $76.00. They now have a “neutral” rating on the stock.
  • 11/6/2018 – 2U was given a new $80.00 price target on by analysts at DA Davidson. They now have a “buy” rating on the stock.
  • 11/1/2018 – 2U was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 10/27/2018 – 2U was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 10/23/2018 – 2U was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/23/2018 – 2U is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $80.00 price target on the stock.
  • 10/17/2018 – 2U was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 10/4/2018 – 2U was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of NASDAQ:TWOU traded up $1.68 during midday trading on Monday, reaching $52.87. 135,888 shares of the company’s stock traded hands, compared to its average volume of 885,910. 2U Inc has a 1 year low of $47.83 and a 1 year high of $98.58. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of -97.91 and a beta of 0.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.31 and a quick ratio of 6.31.

2U (NASDAQ:TWOU) last announced its earnings results on Monday, November 5th. The software maker reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. 2U had a negative return on equity of 7.51% and a negative net margin of 11.13%. The firm had revenue of $106.96 million for the quarter, compared to analyst estimates of $106.49 million. During the same quarter last year, the firm posted ($0.15) EPS. The business’s revenue was up 52.3% on a year-over-year basis. On average, sell-side analysts expect that 2U Inc will post -0.67 earnings per share for the current year.

In other news, COO Mark Chernis sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $84.04, for a total transaction of $840,400.00. Following the transaction, the chief operating officer now owns 43,602 shares in the company, valued at approximately $3,664,312.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Christopher J. Paucek sold 75,000 shares of the stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of $84.42, for a total value of $6,331,500.00. Following the transaction, the chief executive officer now owns 605,191 shares in the company, valued at approximately $51,090,224.22. The disclosure for this sale can be found here. Company insiders own 5.00% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. Raymond James & Associates lifted its holdings in 2U by 4.8% in the 2nd quarter. Raymond James & Associates now owns 15,244 shares of the software maker’s stock valued at $1,274,000 after purchasing an additional 695 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in 2U by 1.3% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 94,100 shares of the software maker’s stock valued at $7,863,000 after purchasing an additional 1,200 shares in the last quarter. Swiss National Bank lifted its holdings in 2U by 1.5% in the 2nd quarter. Swiss National Bank now owns 92,300 shares of the software maker’s stock valued at $7,713,000 after purchasing an additional 1,400 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in 2U by 4.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 35,429 shares of the software maker’s stock valued at $2,665,000 after purchasing an additional 1,426 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in 2U by 4.5% in the 1st quarter. Principal Financial Group Inc. now owns 35,153 shares of the software maker’s stock valued at $2,953,000 after purchasing an additional 1,507 shares in the last quarter.

2U, Inc operates as an education technology company in the United States, Hong Kong, South Africa, and the United Kingdom. The company operates through two segments, Graduate Program Segment and Short Course Segment. It offers front-end technology and services, including online learning platform, student and faculty and immersion support, accessibility, admissions application advising, in-program student field placements, and faculty recruiting.

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