Stock Worth Mentioning: Could 2U Inc Change Direction After Today’s Big Decline?

Stock Worth Mentioning: Could 2U Inc Change Direction After Today's Big Decline?

The stock of 2U Inc (NASDAQ:TWOU) is a huge mover today! About 435,879 shares traded hands or 16.85% up from the average. 2U Inc (NASDAQ:TWOU) has risen 29.39% since April 27, 2016 and is uptrending. It has outperformed by 24.17% the S&P500.
The move comes after 9 months negative chart setup for the $1.55 billion company. It was reported on Nov, 30 by Barchart.com. We have $30.76 PT which if reached, will make NASDAQ:TWOU worth $108.50M less.

Analysts await 2U Inc (NASDAQ:TWOU) to report earnings on February, 23. They expect $-0.06 earnings per share, up 14.29% or $0.01 from last year’s $-0.07 per share. After $-0.14 actual earnings per share reported by 2U Inc for the previous quarter, Wall Street now forecasts -57.14% EPS growth.

2U Inc (NASDAQ:TWOU) Ratings Coverage

Out of 6 analysts covering 2U (NASDAQ:TWOU), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. 2U has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Barrington Research maintained the shares of TWOU in a report on Friday, August 5 with “Outperform” rating. As per Friday, July 15, the company rating was initiated by Needham. Oppenheimer maintained the shares of TWOU in a report on Tuesday, October 27 with “Outperform” rating. Compass Point maintained 2U Inc (NASDAQ:TWOU) rating on Friday, August 5. Compass Point has “Buy” rating and $40 price target. The rating was maintained by Compass Point with “Buy” on Friday, February 26. The firm earned “Buy” rating on Friday, October 16 by Goldman Sachs. As per Friday, August 7, the company rating was maintained by Needham. Needham maintained the shares of TWOU in a report on Friday, February 26 with “Buy” rating. Compass Point maintained 2U Inc (NASDAQ:TWOU) rating on Friday, August 7. Compass Point has “Buy” rating and $40 price target.

According to Zacks Investment Research, “2U, Inc. is an education technology company. It is a provider of cloud-based software-as-a-service (SaaS) solutions that enables nonprofit colleges and universities to deliver their education to students anywhere. The Company offers graduate and undergraduate degree programs in social work, science, public administration, healthcare, laws, education, and business administration. It also offers a suite of technology-enabled services including content development, student acquisition, and state authorization services, as well as application advising, student and faculty support, and in-program student field placements. 2U, Inc. is based in Landover, Maryland.”

More notable recent 2U Inc (NASDAQ:TWOU) news were published by: Fool.com which released: “2U, Inc. Pops on Another Quarterly Beat and Raise” on November 04, 2016, also Prnewswire.com with their article: “2U, Inc. to Host Investor Day on November 15, 2016” published on October 25, 2016, Bizjournals.com published: “Cathy Graham of 2U Inc. (Video)” on July 14, 2016. More interesting news about 2U Inc (NASDAQ:TWOU) were released by: Prnewswire.com and their article: “University of California, Berkeley School of Information Partners with 2U, Inc …” published on November 15, 2016 as well as Prnewswire.com‘s news article titled: “University of Dayton Partners with 2U, Inc. to Launch New Online MBA Program” with publication date: October 17, 2016.

TWOU Company Profile

2U, Inc., incorporated on April 2, 2008, is a well-known provider of an integrated solution consisting of cloud 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 an online learning environment, Online Campus, which acts as the hub for student and faculty academic and social interaction, and activities applications. The Firm also provides technology-enabled services that support the complete lifecycle of a higher education program. The Company’s clients use the Online Campus portion of its Platform to offer educational content, instructor-led classes averaging over 10 students per session in a live setting, accessible through Web and mobile applications. The Company’s clients use the activities applications within its Platform to enable and support their online operations, and integrate those activities with their existing university systems. These applications provide the content management, admissions application processing, customer relationship management, and other functionality necessary to operate its clients’ programs. The Company’s Platform also provides clients with real-time data and analytical insight related to student performance and engagement, student and faculty satisfaction, and enrollment.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment