2U (NASDAQ:TWOU) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of 2U (NASDAQ:TWOU) in a research note released on Wednesday morning. The firm issued a hold rating on the software maker’s stock.

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

2U Price Performance

Shares of NASDAQ TWOU opened at $0.35 on Wednesday. The company has a market capitalization of $29.44 million, a PE ratio of -0.09 and a beta of 0.83. 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 twelve month low of $0.31 and a twelve month high of $6.10. The firm has a fifty day simple moving average of $0.46 and a 200 day simple moving average of $1.14.

2U (NASDAQ:TWOU) last posted its quarterly earnings data 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 the consensus estimate of $275.84 million. On average, sell-side analysts forecast that 2U will post -0.25 EPS for the current year.

Hedge Funds Weigh In On 2U

Several hedge funds have recently modified their holdings of the company. Los Angeles Capital Management LLC increased its position in shares of 2U by 76.1% during the first quarter. Los Angeles Capital Management LLC now owns 627,394 shares of the software maker’s stock valued at $244,000 after acquiring an additional 271,133 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of 2U by 52.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 108,925 shares of the software maker’s stock valued at $134,000 after purchasing an additional 37,328 shares during the last quarter. Barclays PLC increased its position in shares of 2U by 66.7% during the 4th quarter. Barclays PLC now owns 210,613 shares of the software maker’s stock valued at $257,000 after purchasing an additional 84,293 shares during the last quarter. Bridgeway Capital Management LLC bought a new stake in shares of 2U during the 4th quarter worth $916,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of 2U by 49.0% in the 4th quarter. BNP Paribas Financial Markets now owns 1,331,482 shares of the software maker’s stock worth $1,638,000 after buying an additional 438,007 shares during the last quarter. 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.