2U Inc (NASDAQ:TWOU) has been assigned an average recommendation of “Buy” from the thirteen ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $71.63.

TWOU has been the subject of several analyst reports. Compass Point reiterated a “buy” rating and issued a $70.00 price objective (up previously from $62.00) on shares of 2U in a research note on Monday, October 9th. Oppenheimer restated a “buy” rating and set a $65.00 price target (up previously from $55.00) on shares of 2U in a research note on Friday, October 6th. Needham & Company LLC restated a “buy” rating and set a $66.00 price target (up previously from $62.00) on shares of 2U in a research note on Friday, October 6th. Robert W. Baird restated a “buy” rating and set a $66.00 price target (up previously from $59.00) on shares of 2U in a research note on Friday, October 6th. Finally, BMO Capital Markets restated a “buy” rating and set a $68.00 price target on shares of 2U in a research note on Wednesday, October 25th.

In other 2U news, Director Paul A. Maeder acquired 67,830 shares of 2U stock in a transaction that occurred on Thursday, December 7th. The stock was acquired at an average cost of $61.45 per share, for a total transaction of $4,168,153.50. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider James Kenigsberg sold 9,545 shares of 2U stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $62.86, for a total transaction of $599,998.70. The disclosure for this sale can be found here. Insiders sold a total of 181,923 shares of company stock valued at $11,588,620 over the last quarter. 8.40% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in TWOU. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in 2U by 182.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,622 shares of the software maker’s stock valued at $123,000 after buying an additional 1,693 shares in the last quarter. Ameritas Investment Partners Inc. grew its stake in 2U by 21.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,844 shares of the software maker’s stock valued at $180,000 after buying an additional 677 shares in the last quarter. Advisor Group Inc. grew its stake in 2U by 41.5% in the 2nd quarter. Advisor Group Inc. now owns 4,476 shares of the software maker’s stock valued at $210,000 after buying an additional 1,313 shares in the last quarter. Prudential Financial Inc. purchased a new position in 2U in the 2nd quarter valued at approximately $222,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in 2U in the 2nd quarter valued at approximately $235,000.

2U (NASDAQ TWOU) traded up $1.54 during trading hours on Tuesday, reaching $64.90. 274,529 shares of the company’s stock traded hands, compared to its average volume of 315,550. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.48 and a current ratio of 3.48. The stock has a market cap of $3,340.00, a price-to-earnings ratio of -96.87 and a beta of -0.20. 2U has a 52-week low of $32.77 and a 52-week high of $69.27.

2U (NASDAQ:TWOU) last posted its quarterly earnings data on Tuesday, November 7th. The software maker reported ($0.15) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.01. The firm had revenue of $70.25 million during the quarter, compared to analyst estimates of $69.36 million. 2U had a negative net margin of 12.49% and a negative return on equity of 13.02%. The company’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.06) EPS. analysts expect that 2U will post -0.6 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/2u-inc-twou-receives-consensus-recommendation-of-buy-from-analysts/1800305.html.

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.

Analyst Recommendations for 2U (NASDAQ:TWOU)

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