10.5 C
New York
Sunday, April 2, 2023

What Are The Chances Of 2U Inc. (NASDAQ: TWOU) Becoming A Clear Buy?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for 2U Inc. (TWOU) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.17, or 2.02%, to $8.58. The 2U Inc. has recorded 19,536 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that edX Innovation Continues with the Launch of MicroBootCamps™.

Top 5 EV Tech Stocks to Buy for 2023

According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.

Click Here to Download the FREE Report.

Sponsored

Stocks Info

2U Inc. is listed on the NASDAQ as a member of the Consumer Defensive sector and is a part of the Education & Training Services industry. At the end of the last regular session, the stock closed at $8.41 and fluctuated between $9.17 as its day high and $8.39 as its day low. The current market capitalization of 2U Inc. is $587.77M. A total of 1.06 million shares were traded on the day, compared to an average of 1.02M shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, TWOU has seen 3 BUY and 4 SELL insider trades, representing the acquisition of 146,466 and the disposition of 57,153 shares. Over the last 12 months, there were 40 BUYs and 20 SELLs from insiders. Insiders purchased 1,368,978 shares during that period but sold 249,726.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for TWOU in the last 3 months, the mean price target is $12.34 with high estimates of $19.00 and low estimates of $9.50. In terms of 52-week highs and lows, TWOU has a high of $14.12 and a low of $4.70.

As of this writing, TWOU has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.13 per share and a lower estimate of -$0.19. The company reported an EPS of -$0.05 in the last quarter, which was -66.70% lower than expectations of -$0.03.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TWOU is Hold with a score of 3.82. A total of 6 analysts rated the stock as Buy while 1 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles