First Analysis set a $95.00 price objective on 2U (NASDAQ:TWOU) in a report released on Friday morning. The firm currently has a buy rating on the software maker’s stock.

A number of other equities research analysts also recently weighed in on the company. BidaskClub downgraded 2U from a hold rating to a sell rating in a research report on Tuesday, November 13th. Credit Suisse Group cut their target price on 2U from $100.00 to $80.00 and set an outperform rating for the company in a research report on Tuesday, November 6th. BMO Capital Markets cut their target price on 2U from $93.00 to $75.00 and set a positive rating for the company in a research report on Tuesday, November 6th. DA Davidson set a $80.00 target price on 2U and gave the stock a buy rating in a research report on Tuesday, November 6th. Finally, Barrington Research restated an outperform rating and issued a $75.00 target price (down from $100.00) on shares of 2U in a research report on Tuesday, November 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of $81.14.

Shares of NASDAQ TWOU opened at $50.25 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.31 and a quick ratio of 6.31. The company has a market cap of $3.08 billion, a PE ratio of -93.07 and a beta of 0.34. 2U has a 12-month low of $49.50 and a 12-month high of $98.58.

2U (NASDAQ:TWOU) last released its earnings results on Monday, November 5th. The software maker reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $106.96 million during the quarter, compared to the consensus estimate of $106.49 million. 2U had a negative return on equity of 7.51% and a negative net margin of 11.13%. The firm’s revenue for the quarter was up 52.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.15) earnings per share. On average, analysts predict that 2U will post -0.67 earnings per share for the current year.

In other 2U news, CEO Christopher J. Paucek sold 75,000 shares of the company’s stock in a transaction on Monday, September 10th. The stock was 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 of the company’s stock, valued at $51,090,224.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Mark Chernis sold 10,000 shares of the company’s stock in a transaction on Wednesday, September 12th. The shares were sold at an average price of $84.04, for a total value of $840,400.00. Following the completion of the transaction, the chief operating officer now directly owns 43,602 shares in the company, valued at approximately $3,664,312.08. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC increased its holdings in shares of 2U by 7.6% in the third quarter. FMR LLC now owns 5,323,346 shares of the software maker’s stock valued at $400,263,000 after buying an additional 374,160 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of 2U by 22.4% in the third quarter. Franklin Resources Inc. now owns 4,183,583 shares of the software maker’s stock valued at $314,571,000 after buying an additional 765,227 shares in the last quarter. Bamco Inc. NY increased its holdings in shares of 2U by 5.7% in the third quarter. Bamco Inc. NY now owns 2,664,085 shares of the software maker’s stock valued at $200,313,000 after buying an additional 143,883 shares in the last quarter. BlackRock Inc. increased its holdings in shares of 2U by 4.1% in the third quarter. BlackRock Inc. now owns 2,481,041 shares of the software maker’s stock valued at $186,550,000 after buying an additional 98,822 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of 2U by 17.5% in the third quarter. First Trust Advisors LP now owns 1,809,880 shares of the software maker’s stock valued at $136,085,000 after buying an additional 269,559 shares in the last quarter.

2U Company Profile

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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Analyst Recommendations for 2U (NASDAQ:TWOU)

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