2U Inc (NASDAQ: TWOU) Not A Good Play Anymore?

2U Inc (TWOU) concluded trading on Wednesday at a closing price of $0.41, with 3.19 million shares of worth about $1.31 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -81.98% during that period and on March 27, 2024 the price saw a gain of about 13.93%. Currently the company’s common shares owned by public are about 82.26M shares, out of which, 76.47M shares are available for trading.

Stock saw a price change of 0.22% in past 5 days and over the past one month there was a price change of -12.41%. Year-to-date (YTD), TWOU shares are showing a performance of -66.89% which decreased to -93.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.31 but also hit the highest price of $6.97 during that period. The average intraday trading volume for 2U Inc shares is 2.78 million. The stock is currently trading 4.11% above its 20-day simple moving average (SMA20), while that difference is down -30.56% for SMA50 and it goes to -80.45% lower than SMA200.

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2U Inc (NASDAQ: TWOU) currently have 82.26M outstanding shares and institutions hold larger chunk of about 74.42% of that.

The stock has a current market capitalization of $34.07M and its 3Y-monthly beta is at 0.83. It has posted earnings per share of -$3.94 in the same period. It has Quick Ratio of 0.97 while making debt-to-equity ratio of 4.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TWOU, volatility over the week remained 11.80% while standing at 12.50% over the month.

Analysts are in expectations that 2U Inc (TWOU) stock would likely to be making an EPS of -$0.33 in the current quarter, while forecast for next quarter EPS is -$0.08 and it is $0.02 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.36 which is -$0.29 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.1 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -210.86% while it is estimated to increase by 117.63% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of -41.73% made by the stock over the past 5-years.

Coverage by Cantor Fitzgerald stated 2U Inc (TWOU) stock as a Neutral in their note to investors on November 10, 2023, suggesting a price target of $1.50 for the stock. On November 10, 2023, Barrington Research Downgrade their recommendations, while on August 09, 2023, Robert W. Baird Downgrade their ratings for the stock with a price target of $4. Stock get an Overweight rating from Cantor Fitzgerald on April 27, 2023.

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