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

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

Other equities analysts have also issued reports about the stock. Needham & Company LLC lowered shares of 2U from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th. Morgan Stanley reduced 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 report on Tuesday, February 13th. Nine analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, 2U has an average rating of “Hold” and an average price target of $4.31.

2U Stock Down 3.9 %

TWOU stock opened at $0.24 on Friday. The firm has a 50 day moving average of $0.37 and a 200 day moving average of $0.99. The stock has a market capitalization of $20.10 million, a PE ratio of -0.06 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 52 week low of $0.23 and a 52 week high of $6.10.

2U (NASDAQ:TWOU) last released its earnings results on Monday, February 12th. The software maker reported $0.43 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $255.66 million during the quarter, compared to analyst estimates of $275.84 million. Sell-side analysts forecast that 2U will post -0.25 earnings per share for the current year.

Hedge Funds Weigh In On 2U

Institutional investors have recently made changes to their positions in the company. Barclays PLC increased its holdings in shares of 2U by 131.3% during the 3rd quarter. Barclays PLC now owns 126,320 shares of the software maker’s stock valued at $312,000 after purchasing an additional 71,696 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in 2U by 14.7% in 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 in the last quarter. Oak Thistle LLC purchased a new stake in 2U in the 4th quarter worth $39,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in 2U by 6.4% in 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 in the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in 2U by 37.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 215,142 shares of the software maker’s stock worth $531,000 after acquiring an additional 58,331 shares in the last quarter. 80.53% of the stock is owned by hedge funds and other institutional investors.

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.