As of close of business last night, 2U Inc’s stock clocked out at $0.36, down -7.28% from its previous closing price of $0.39. In other words, the price has decreased by -$0.0283 from its previous closing price. On the day, 2259374 shares were traded. TWOU stock price reached its highest trading level at $0.4000 during the session, while it also had its lowest trading level at $0.3500.
Ratios:
To gain a deeper understanding of TWOU’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 4.54 whereas as Long-Term Debt/Eq ratio is at 4.47.
On November 10, 2023, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $5.30 to $1.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 12 ’23 when McCullough Aaron bought 51,565 shares for $0.99 per share. The transaction valued at 50,895 led to the insider holds 400,089 shares of the business.
Macias Edward S. sold 2,300 shares of TWOU for $2,300 on Dec 06 ’23. The Director now owns 87,299 shares after completing the transaction at $1.00 per share. On Aug 17 ’23, another insider, McCullough Aaron, who serves as the CHIEF PRODUCT OFFICER of the company, bought 45,700 shares for $3.14 each. As a result, the insider paid 143,498 and bolstered with 348,524 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWOU now has a Market Capitalization of 30.15M and an Enterprise Value of 960.93M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 1.02 whereas that against EBITDA is -7.62.
Stock Price History:
Over the past 52 weeks, TWOU has reached a high of $7.29, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is 0.6110, while the 200-Day Moving Average is calculated to be 2.1258.
Shares Statistics:
It appears that TWOU traded 2.77M shares on average per day over the past three months and 2.22M shares per day over the past ten days. A total of 82.26M shares are outstanding, with a floating share count of 76.47M. Insiders hold about 8.57% of the company’s shares, while institutions hold 74.42% stake in the company. Shares short for TWOU as of Feb 29, 2024 were 9.15M with a Short Ratio of 3.30, compared to 7.55M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.94% and a Short% of Float of 12.64%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.33 for the current quarter, with a high estimate of -$0.29 and a low estimate of -$0.36, while EPS last year was -$0.1. The consensus estimate for the next quarter is -$0.08, with high estimates of $0.03 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.06 and -$0.44 for the fiscal current year, implying an average EPS of -$0.23. EPS for the following year is $0.02, with 4 analysts recommending between $0.17 and -$0.15.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $196.14M. It ranges from a high estimate of $196.93M to a low estimate of $195.1M. As of the current estimate, 2U Inc’s year-ago sales were $238.5M, an estimated decrease of -17.80% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $197.08M, a decrease of -11.30% over than the figure of -$17.80% in the same quarter last year. There is a high estimate of $208.45M for the next quarter, whereas the lowest estimate is $189.92M.
A total of 5 analysts have provided revenue estimates for TWOU’s current fiscal year. The highest revenue estimate was $811.22M, while the lowest revenue estimate was $800.13M, resulting in an average revenue estimate of $807.04M. In the same quarter a year ago, actual revenue was $945.95M, down -14.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $876.91M in the next fiscal year. The high estimate is $891.5M and the low estimate is $846.94M. The average revenue growth estimate for next year is up 8.70% from the average revenue estimate for this year.
