2U (TWOU) Given Daily News Sentiment Score of 0.19
News articles about 2U (NASDAQ:TWOU) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. 2U earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 46.2972462342804 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Next Century Growth Investors LLC Reduces Position in 2U Inc (TWOU) (americanbankingnews.com)
- Teacher Retirement System of Texas Has $1.13 Million Holdings in 2U Inc (TWOU) (americanbankingnews.com)
- Cortina Asset Management LLC Sells 24,348 Shares of 2U Inc (TWOU) (americanbankingnews.com)
- 2U Inc Expected to Post Q3 2018 Earnings of ($0.20) Per Share (TWOU) (americanbankingnews.com)
- Q1 2018 EPS Estimates for 2U Inc (TWOU) Increased by Analyst (americanbankingnews.com)
A number of brokerages have recently commented on TWOU. KeyCorp reiterated an “overweight” rating and set a $73.00 price target on shares of 2U in a report on Friday, November 17th. Oppenheimer lifted their price target on shares of 2U from $65.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, November 8th. Robert W. Baird reissued an “outperform” rating and set a $90.00 target price (up previously from $70.00) on shares of 2U in a research note on Tuesday, February 27th. Needham & Company LLC lifted their target price on shares of 2U from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Finally, Macquarie initiated coverage on shares of 2U in a research note on Thursday, December 7th. They set an “outperform” rating and a $71.00 target price for the company. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $83.55.
2U (NASDAQ:TWOU) last announced its earnings results on Monday, February 26th. The software maker reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. 2U had a negative net margin of 10.26% and a negative return on equity of 9.54%. The business had revenue of $86.70 million during the quarter, compared to the consensus estimate of $85.12 million. During the same quarter last year, the firm earned $0.04 earnings per share. 2U’s quarterly revenue was up 51.0% on a year-over-year basis. analysts expect that 2U will post -0.79 EPS for the current fiscal year.
In other 2U news, Director Mark Chernis sold 4,500 shares of 2U stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $63.58, for a total value of $286,110.00. Following the completion of the sale, the director now directly owns 19,825 shares of the company’s stock, valued at $1,260,473.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Paul A. Maeder purchased 67,830 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was bought at an average cost of $61.45 per share, with a total value of $4,168,153.50. The disclosure for this purchase can be found here. Insiders own 8.40% of the company’s stock.
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2U Company Profile
2U, Inc is a provider of an integrated solution consisting of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform) that allows colleges and universities to deliver online degree programs. The Company’s SaaS technology consists of a learning environment (Online Campus), which acts as the hub for all student and faculty academic and social interaction, and a suite of integrated applications, which the Company uses to launch, operate and support the Company’s clients’ programs.
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