2U, Inc. (NASDAQ:TWOU) Receives Average Rating of “Hold” from Brokerages

2U, Inc. (NASDAQ:TWOU) has been given an average rating of “Hold” by the nine analysts that are covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $123.00.

TWOU has been the topic of a number of recent research reports. Needham & Company LLC restated a “hold” rating on shares of 2U in a report on Friday, May 3rd. StockNews.com initiated coverage on shares of 2U in a report on Friday, June 21st. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Oak Thistle LLC bought a new position in shares of 2U during the 4th quarter worth about $39,000. SG Americas Securities LLC increased its holdings in shares of 2U by 45.4% during the 4th quarter. SG Americas Securities LLC now owns 82,317 shares of the software maker’s stock worth $101,000 after purchasing an additional 25,710 shares during the period. Keynote Financial Services LLC bought a new position in shares of 2U during the 1st quarter worth about $69,000. Vestmark Advisory Solutions Inc. bought a new position in shares of 2U during the 4th quarter worth about $399,000. Finally, Los Angeles Capital Management LLC increased its holdings in shares of 2U by 65.6% during the 4th quarter. Los Angeles Capital Management LLC now owns 356,261 shares of the software maker’s stock worth $438,000 after purchasing an additional 141,119 shares during the period. Institutional investors own 80.53% of the company’s stock.

2U Trading Down 7.2 %

Shares of NASDAQ:TWOU opened at $4.12 on Thursday. The firm has a market capitalization of $11.54 million, a P/E ratio of -0.04 and a beta of 0.80. The firm has a fifty day moving average of $6.56 and a two-hundred day moving average of $12.23. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 5.33. 2U has a 12-month low of $3.74 and a 12-month high of $144.30.

2U (NASDAQ:TWOU) last released its quarterly earnings results on Thursday, May 2nd. The software maker reported ($8.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($11.10) by $3.00. The business had revenue of $198.38 million for the quarter, compared to the consensus estimate of $195.32 million. 2U had a negative net margin of 35.13% and a negative return on equity of 10.90%. On average, equities analysts expect that 2U will post -9.53 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.