2U (TWOU) Scheduled to Post Earnings on Wednesday

2U (NASDAQ:TWOU) is scheduled to release its earnings data on Wednesday, April 24th.

2U (NASDAQ:TWOU) last issued its quarterly earnings results on Monday, February 12th. The software maker reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.07). The business had revenue of $255.66 million during the quarter, compared to analyst estimates of $275.84 million. 2U had a negative net margin of 33.58% and a negative return on equity of 7.92%. On average, analysts expect 2U to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

2U Stock Performance

Shares of NASDAQ:TWOU opened at $0.25 on Tuesday. The company has a market cap of $20.85 million, a P/E ratio of -0.06 and a beta of 0.83. The stock’s 50-day moving average is $0.38 and its 200-day moving average is $1.01. 2U has a 52-week low of $0.24 and a 52-week high of $6.10. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.97 and a current ratio of 0.97.

Wall Street Analyst Weigh In

TWOU has been the topic of several research analyst reports. Needham & Company LLC downgraded 2U from a “buy” rating to a “hold” rating in a research report on Tuesday, February 13th. Morgan Stanley reduced their target price on shares of 2U from $2.00 to $1.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 13th. Finally, StockNews.com assumed coverage on shares of 2U in a research note on Thursday, April 18th. They issued a “hold” rating for the company. Nine investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $4.31.

About 2U

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.