Wall Street brokerages expect that 2U Inc (NASDAQ:TWOU) will report $0.13 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for 2U’s earnings. The lowest EPS estimate is $0.13 and the highest is $0.14. 2U reported earnings of $0.04 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 225%. The business is scheduled to report its next earnings results after the market closes on Monday, February 26th.

According to Zacks, analysts expect that 2U will report full-year earnings of ($0.10) per share for the current fiscal year, with EPS estimates ranging from ($0.12) to ($0.09). For the next financial year, analysts forecast that the company will report earnings of ($0.12) per share, with EPS estimates ranging from ($0.13) to ($0.09). Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for 2U.

A number of analysts have recently commented on the company. KeyCorp reaffirmed an “overweight” rating and issued a $73.00 price target on shares of 2U in a research note on Friday, November 17th. Oppenheimer increased their target price on 2U from $65.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 8th. Needham & Company LLC increased their target price on 2U from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Robert W. Baird reissued a “buy” rating and set a $68.00 target price on shares of 2U in a research note on Friday, November 10th. Finally, Macquarie initiated coverage on 2U in a research note on Thursday, December 7th. They set an “outperform” rating and a $71.00 target price for the company. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $72.27.

Shares of 2U (NASDAQ TWOU) traded up $1.28 during mid-day trading on Thursday, hitting $70.42. The stock had a trading volume of 224,300 shares, compared to its average volume of 333,535. The company has a current ratio of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.05. The company has a market cap of $3,790.00, a PE ratio of -108.28 and a beta of -0.05. 2U has a one year low of $33.90 and a one year high of $76.50.

In other news, Director Mark Chernis sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $63.58, for a total transaction of $286,110.00. Following the completion of the transaction, the director now directly owns 19,825 shares of the company’s stock, valued at approximately $1,260,473.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James Kenigsberg sold 9,545 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The stock was 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. Over the last three months, insiders have sold 159,265 shares of company stock valued at $10,155,501. 8.40% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of TWOU. Ameritas Investment Partners Inc. grew its stake in shares of 2U by 21.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,844 shares of the software maker’s stock worth $180,000 after acquiring an additional 677 shares in the last quarter. Kovack Advisors Inc. bought a new position in shares of 2U during the 4th quarter worth approximately $204,000. Advisor Group Inc. grew its stake in shares of 2U by 41.5% during the 2nd quarter. Advisor Group Inc. now owns 4,476 shares of the software maker’s stock worth $210,000 after acquiring an additional 1,313 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of 2U during the 4th quarter worth approximately $213,000. Finally, Prudential Financial Inc. bought a new position in shares of 2U during the 2nd quarter worth approximately $222,000.

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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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