Analysts expect 2U Inc (NASDAQ:TWOU) to report earnings per share of ($0.18) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for 2U’s earnings, with the highest EPS estimate coming in at ($0.18) and the lowest estimate coming in at ($0.19). 2U reported earnings of ($0.12) per share in the same quarter last year, which suggests a negative year-over-year growth rate of 50%. The firm is scheduled to issue its next earnings results on Thursday, May 2nd.

On average, analysts expect that 2U will report full-year earnings of ($0.35) per share for the current fiscal year, with EPS estimates ranging from ($0.36) to ($0.33). For the next fiscal year, analysts forecast that the company will post earnings of ($0.27) per share, with EPS estimates ranging from ($0.45) to $0.08. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for 2U.

2U (NASDAQ:TWOU) last released its earnings results on Monday, February 25th. The software maker reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The firm had revenue of $115.10 million during the quarter, compared to the consensus estimate of $114.90 million. 2U had a negative return on equity of 5.77% and a negative net margin of 9.31%. The company’s revenue was up 32.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.14 EPS.

A number of research firms have recently weighed in on TWOU. BidaskClub downgraded 2U from a “buy” rating to a “hold” rating in a research report on Monday, March 11th. Berenberg Bank began coverage on 2U in a research report on Wednesday, March 6th. They set a “buy” rating and a $102.00 target price for the company. Barrington Research reiterated an “outperform” rating and set a $90.00 target price (up from $75.00) on shares of 2U in a research report on Tuesday, February 26th. Oppenheimer upped their price objective on 2U from $70.00 to $83.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 26th. Finally, DA Davidson upped their price objective on 2U to $88.00 and gave the stock an “in-line” rating in a research report on Tuesday, February 26th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $87.00.

Shares of NASDAQ:TWOU traded down $0.56 during trading on Wednesday, reaching $64.90. 501,500 shares of the company traded hands, compared to its average volume of 555,432. The company has a market cap of $3.81 billion, a price-to-earnings ratio of -103.02 and a beta of 0.74. The company has a debt-to-equity ratio of 0.03, a quick ratio of 7.62 and a current ratio of 7.62. 2U has a 52 week low of $44.50 and a 52 week high of $98.58.

Hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC raised its position in 2U by 56.0% in the third quarter. SG Americas Securities LLC now owns 8,150 shares of the software maker’s stock valued at $613,000 after purchasing an additional 2,924 shares during the last quarter. Janus Henderson Group PLC bought a new position in 2U in the third quarter valued at about $6,293,000. Bank of New York Mellon Corp raised its position in 2U by 45.6% in the third quarter. Bank of New York Mellon Corp now owns 897,043 shares of the software maker’s stock valued at $67,448,000 after purchasing an additional 281,011 shares during the last quarter. BlackRock Inc. raised its position in 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 purchasing an additional 98,822 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its position in 2U by 27.7% in the third quarter. Canada Pension Plan Investment Board now owns 61,300 shares of the software maker’s stock valued at $4,609,000 after purchasing an additional 13,300 shares during 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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Earnings History and Estimates for 2U (NASDAQ:TWOU)

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