In the latest session, 2U Inc (NASDAQ: TWOU) closed at $0.35 down -2.22% from its previous closing price of $0.36. In other words, the price has decreased by -$0.0080 from its previous closing price. On the day, 961851 shares were traded.
Ratios:
For a deeper understanding of 2U Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 29.78M and an Enterprise Value of 960.56M. 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 0.13. 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 $6.66, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is 0.5194, while the 200-Day Moving Average is calculated to be 1.9459.
Shares Statistics:
For the past three months, TWOU has traded an average of 2.83M shares per day and 1.63M 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 74.71% stake in the company. Shares short for TWOU as of Mar 15, 2024 were 11.01M with a Short Ratio of 3.89, compared to 10.06M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.16% and a Short% of Float of 15.21%.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. 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
A total of 4 analysts believe the company’s revenue will be $196.14M this quarter.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.
