|Bid||33.00 x 800|
|Ask||34.93 x 800|
|Day's range||33.62 - 35.33|
|52-week range||11.51 - 49.46|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||N/A|
|Earnings date||27 Oct 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||49.92|
2U (TWOU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of 2U, Inc. (NASDAQ: TWOU) fell 18.6% in the month of September, according to data from S&P Global Market Intelligence. The online education provider cooled off after the stock had run up over the first eight months of the year, like much of the technology sector. Additionally, the company may have suffered from some guilt-by-association after another online education rival came under scrutiny by a short-seller.
Many school districts, families with children, and college students are faced with a dilemma at the start of the 2020-21 school year: risk going back to the classroom or give it a go via video conferencing and remote learning. As a result, many remote education stocks (and of course Zoom Video Communications) have been off to the races since the market meltdown in March. 2U -- which creates and provides online curriculums, undergraduate and graduate programs, professional certificates, and non-accredited studies -- reported a 39% increase in revenue to $358 million through the first half of 2020.