News stories about 2U (NASDAQ:TWOU) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. 2U earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 47.3148637873184 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
2U stock opened at $87.45 on Friday. The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.06. 2U has a fifty-two week low of $39.58 and a fifty-two week high of $91.00. The company has a market cap of $4,376.72, a PE ratio of -161.94 and a beta of -0.08.
2U (NASDAQ:TWOU) last posted its quarterly earnings results on Thursday, May 3rd. The software maker reported ($0.12) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.01. 2U had a negative net margin of 13.00% and a negative return on equity of 11.73%. The firm had revenue of $92.29 million during the quarter, compared to the consensus estimate of $91.44 million. During the same quarter in the previous year, the firm posted $0.01 earnings per share. The company’s revenue was up 42.4% on a year-over-year basis. sell-side analysts predict that 2U will post -0.79 EPS for the current year.
TWOU has been the subject of several analyst reports. Robert W. Baird reissued a “buy” rating on shares of 2U in a research note on Tuesday, January 9th. Zacks Investment Research raised shares of 2U from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research note on Friday, January 12th. Needham & Company LLC raised their price objective on shares of 2U to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, February 27th. BidaskClub downgraded shares of 2U from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 24th. Finally, Goldman Sachs initiated coverage on shares of 2U in a research note on Tuesday, March 27th. They issued a “neutral” rating and a $92.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. 2U currently has an average rating of “Buy” and a consensus target price of $87.25.
In other news, Director Timothy M. Haley sold 45,000 shares of 2U stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $88.67, for a total transaction of $3,990,150.00. Following the completion of the sale, the director now owns 4,508 shares of the company’s stock, valued at $399,724.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider James Kenigsberg sold 9,918 shares of 2U stock in a transaction that occurred on Monday, April 9th. The shares were sold at an average price of $84.30, for a total transaction of $836,087.40. Following the sale, the insider now directly owns 52,180 shares of the company’s stock, valued at approximately $4,398,774. The disclosure for this sale can be found here. Insiders have sold 258,537 shares of company stock valued at $21,699,132 in the last ninety days. Insiders own 8.40% of the company’s stock.
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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