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2U Inc. (TWOU) Stock Could Soon Reward Patient Investors

2U Inc. (NASDAQ: TWOU) is -32.70% lower on its value in year-to-date trading and has touched a low of $3.37 and a high of $13.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TWOU stock was last observed hovering at around $4.09 in the last trading session, with the day’s gains setting it 0.13% off its average median price target of $10.00 for the next 12 months. It is also 77.79% off the consensus price target high of $19.00 offered by 13 analysts, but current levels are 29.67% higher than the price target low of $6.00 for the same period.

Currently trading at $4.22, the stock is 4.47% and -22.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 3.18% at the moment leaves the stock -39.66% off its SMA200. TWOU registered -62.79% loss for a year compared to 6-month loss of -44.40%. The firm has a 50-day simple moving average (SMA 50) of $1.37 and a 200-day simple moving average (SMA200) of -$21.39.

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The stock witnessed a -18.85% gain in the last 1 month and extending the period to 3 months gives it a -54.28%, and is 18.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.50% over the week and 9.53% over the month.

2U Inc. (TWOU) has around 3445 employees, a market worth around $353.55M and $948.30M in sales. Fwd P/E is 7.08. Profit margin for the company is -26.40%. Distance from 52-week low is 25.22% and -67.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.00%).

2U Inc. (TWOU) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for 2U Inc. (TWOU) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.20, where 6 rate it as a Hold and 1 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

2U Inc. is expected to release its quarterly report on 08/03/2023.The EPS is expected to shrink by -59.50% this year.

2U Inc. (TWOU) Top Institutional Holders

The shares outstanding are 79.31M, and float is at 75.42M with Short Float at 11.85%.

2U Inc. (TWOU) Insider Activity

A total of 16 insider transactions have happened at 2U Inc. (TWOU) in the last six months, with sales accounting for 8 and purchases happening 8 times.

2U Inc. (TWOU): Who are the competitors?

The company’s main competitors (and peers) include John Wiley & Sons Inc. (WLY) that is trading -27.85% down over the past 12 months and News Corporation (NWSA) that is 4.32% higher over the same period. Tyler Technologies Inc. (TYL) is 14.16% up on the 1-year trading charts.

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