Shares of 2U, Inc. (NASDAQ:TWOU) have earned an average rating of “Buy” from the twelve brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $71.25.

TWOU has been the topic of a number of research reports. Needham & Company LLC upped their target price on 2U from $54.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Robert W. Baird reaffirmed a “buy” rating and set a $66.00 target price (up from $59.00) on shares of 2U in a research report on Friday, October 6th. Compass Point reaffirmed a “buy” rating and set a $62.00 target price (up from $56.00) on shares of 2U in a research report on Monday, September 11th. BidaskClub lowered 2U from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 11th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $65.00 target price (up from $55.00) on shares of 2U in a research report on Friday, October 6th.

ILLEGAL ACTIVITY WARNING: “2U, Inc. (TWOU) Receives $71.25 Consensus Price Target from Analysts” was first published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://www.watchlistnews.com/2u-inc-twou-receives-71-25-consensus-price-target-from-analysts/1722473.html.

2U (NASDAQ:TWOU) traded down $0.23 during trading on Monday, hitting $66.76. The company’s stock had a trading volume of 298,100 shares, compared to its average volume of 410,153. 2U has a 52-week low of $29.23 and a 52-week high of $68.06. The company has a current ratio of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.05.

2U (NASDAQ:TWOU) last posted its quarterly earnings results on Tuesday, November 7th. The software maker reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.01. The firm had revenue of $70.25 million for the quarter, compared to analysts’ expectations of $69.36 million. 2U had a negative return on equity of 13.02% and a negative net margin of 12.49%. The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.06) EPS. sell-side analysts forecast that 2U will post -0.62 EPS for the current year.

In other news, Director John M. Larson sold 150,000 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $46.79, for a total transaction of $7,018,500.00. Following the transaction, the director now directly owns 16,065 shares of the company’s stock, valued at $751,681.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher J. Paucek sold 145,220 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $63.83, for a total value of $9,269,392.60. The disclosure for this sale can be found here. Insiders have sold 322,378 shares of company stock worth $17,959,061 over the last ninety days. 8.40% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TWOU. BlackRock Inc. raised its position in 2U by 66,695.5% in the 1st quarter. BlackRock Inc. now owns 2,320,475 shares of the software maker’s stock valued at $92,031,000 after buying an additional 2,317,001 shares during the last quarter. Bamco Inc. NY raised its position in 2U by 334.0% in the 3rd quarter. Bamco Inc. NY now owns 2,311,371 shares of the software maker’s stock valued at $129,529,000 after buying an additional 1,778,783 shares during the last quarter. Wells Fargo & Company MN raised its position in 2U by 94.3% in the 3rd quarter. Wells Fargo & Company MN now owns 1,381,103 shares of the software maker’s stock valued at $77,397,000 after buying an additional 670,258 shares during the last quarter. Lord Abbett & CO. LLC raised its position in 2U by 64.1% in the 2nd quarter. Lord Abbett & CO. LLC now owns 1,378,603 shares of the software maker’s stock valued at $64,684,000 after buying an additional 538,487 shares during the last quarter. Finally, Columbus Circle Investors raised its position in 2U by 117.2% in the 2nd quarter. Columbus Circle Investors now owns 914,482 shares of the software maker’s stock valued at $82,111,000 after buying an additional 493,364 shares during the last quarter.

About 2U

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.

Analyst Recommendations for 2U (NASDAQ:TWOU)

Receive News & Ratings for 2U Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2U Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.