2U (TWOU) Earns News Impact Rating of 0.13

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:

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.

2U (NASDAQ:TWOU) last posted its earnings results on Tuesday, November 7th. The software maker reported ($0.15) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.01. The business had revenue of $70.25 million for 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 firm’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.06) EPS. sell-side analysts predict that 2U will post -0.6 EPS for the current fiscal year.

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.

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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.

Insider Buying and Selling by Quarter for 2U (NASDAQ:TWOU)

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