2U (NASDAQ:TWOU) Target Raised by Citigroup Inc to $50.00

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2U stock has undergone multiple analysts rating changes in the recent past.  2U stock Target Raised by   Citigroup Inc on 6/30/2020. In a note to investors, the firm issued a new target price of $50.00. The analysts previously had $28.00 target price. Citigroup Inc’s price target would indicate a potential upside of 35.57% from the stock’s previous close.

Shares of 2U traded up $1.58 on Tuesday, reaching $38.46. 303821 shares of the stock traded hands, compared to its average volume of 1676299. Shares of were trading at $38.46 on Tuesday. The firm’s 50 day moving average is $$31.90 and its 200 day moving average is $23.94.2U  has a 12 month low of $37.05 and a 12 month high of $40.55. While on yearly highs and lows, 2U today has traded high as $38.95 and has touched $37.05 on the downward trend.

2U Earnings and What to expect: 

2U last released its earnings results on April 30th, 2020. The software maker reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.10. The firm had revenue of $175.50 million for the quarter, compared to analysts’ expectations of $175.32 million. Its revenue for the quarter was up 43.6% compared to the same quarter last year. 2U has generated ($2.01) earnings per share over the last year. 2U has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Earnings for 2U are expected to grow in the coming year, from ($3.30) to ($3.08) per share. The P/E ratio of 2U is -8.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of 2U is -8.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 2U has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 4.50%
  • On 6/12/2020 CTO James Kenigsberg Sell 33,000 at average share price of $32.87 which equates to $1,084,710.00 in money value.
  • On 3/6/2020 CTO James Kenigsberg Sell 3,856 at average price of  $30.00 with total value of : Not Data Available
  • On 8/14/2019 COO Mark Chernis Buy 32,250 at average price of  $15.47 with total value of : $498,907.50
  • See More Analyst Rating at: RATING

Other Analyst’s rating for 2U

  • 6/29/2020 – 2U is now covered by analysts at KeyCorp. They set a “sector weight” rating on the stock.
  • 6/19/2020 – 2U was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 6/16/2020 – 2U had its “buy” rating re-affirmed by analysts at Needham & Company LLC. They now have a $44.00 price target on the stock.
  • 6/5/2020 – 2U was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • See More Analyst Rating at: RATING

Other rating updates by Citigroup Inc: 

  • 6/30/2020 – Intercept Pharmaceuticals was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating.
  • 6/30/2020 – Apellis Pharmaceuticals had its price target lowered by analysts at Citigroup Inc from $56.00 to $54.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – DISH Network had its price target raised by analysts at Citigroup Inc from $35.00 to $39.00. They now have a “buy” rating on the stock.
  • 6/30/2020 – Extra Space Storage had its price target raised by analysts at Citigroup Inc from $100.00 to $105.00. They now have a “buy” rating on the stock.
  • See More Analyst Rating at: RATING

2U (NASDAQ:TWOU) Moving Average Technical Analysis

5 day Moving Average is $$36.68 And 5 day price change is $0.78 (2.13%)  with average volume for 5 day average is 920,655. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $35.08 and 20 day price change is $2.60 (7.48%) and average 20 day moving volume is 1,441,014. 50 day moving average is $31.90  and 50 day price change is $15.18 ( 68.47%)  and with average volume for 50 days is : 2,050,771. 200 day moving average is $23.94  and 200 day price change is $18.14 (94.43%)  and with average volume for 200 days is : 1,571,557.

See More Analyst Rating at: RATING