Media stories about 2U (NASDAQ:TWOU) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. 2U earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 46.5715937007532 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- University of Southern California Opens Applications for a New Hybrid Doctor of Physical Therapy Program (finance.yahoo.com)
- 2U Inc (TWOU) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
- 2U (TWOU) Receives Buy Rating from Robert W. Baird (americanbankingnews.com)
- 2U Inc (TWOU) Expected to Announce Quarterly Sales of $85.16 Million (americanbankingnews.com)
- Why 2U, Inc. Stock Soared 114% in 2017 – Motley Fool (fool.com)
2U (TWOU) traded up $0.52 on Wednesday, hitting $65.42. 235,200 shares of the stock traded hands, compared to its average volume of 304,143. 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 has a fifty-two week low of $32.77 and a fifty-two week high of $69.27. The company has a market cap of $3,340.00, a price-to-earnings ratio of -97.64 and a beta of -0.20.
Several equities research analysts have issued reports on TWOU shares. Citigroup boosted their price target on shares of 2U from $57.00 to $80.00 and gave the company a “buy” rating in a report on Monday, November 20th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $70.00 target price (up previously from $64.00) on shares of 2U in a report on Wednesday, November 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $66.00 target price (up previously from $62.00) on shares of 2U in a report on Friday, October 6th. Robert W. Baird reaffirmed a “buy” rating and issued a $66.00 target price (up previously from $59.00) on shares of 2U in a report on Friday, October 6th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $70.00 target price on shares of 2U in a report on Wednesday, November 8th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. 2U has a consensus rating of “Buy” and a consensus target price of $69.64.
In related news, CEO Christopher J. Paucek sold 145,220 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $63.83, for a total transaction of $9,269,392.60. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CMO Harsha Mokkarala sold 22,658 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $63.25, for a total transaction of $1,433,118.50. Following the transaction, the chief marketing officer now owns 47,869 shares in the company, valued at approximately $3,027,714.25. The disclosure for this sale can be found here. In the last quarter, insiders have sold 181,923 shares of company stock worth $11,588,620. 8.40% of the stock is owned by corporate insiders.
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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