Tarena International (TEDU) Downgraded by BidaskClub

BidaskClub lowered shares of Tarena International (NASDAQ:TEDU) from a buy rating to a hold rating in a report released on Wednesday, January 10th.

Other equities analysts have also issued research reports about the company. Jefferies Group lowered Tarena International from a buy rating to a hold rating in a research note on Wednesday, November 22nd. Zacks Investment Research upgraded Tarena International from a sell rating to a hold rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $20.13.

Shares of Tarena International (NASDAQ:TEDU) traded up $0.14 during mid-day trading on Wednesday, hitting $13.52. The stock had a trading volume of 76,556 shares, compared to its average volume of 116,093. The firm has a market cap of $755.82, a PE ratio of 26.00, a PEG ratio of 1.63 and a beta of 0.98. Tarena International has a fifty-two week low of $12.52 and a fifty-two week high of $21.70.

Tarena International (NASDAQ:TEDU) last issued its quarterly earnings data on Monday, November 20th. The business services provider reported $0.24 earnings per share (EPS) for the quarter. Tarena International had a return on equity of 13.44% and a net margin of 11.77%. research analysts forecast that Tarena International will post 0.5 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the stock. Davis Selected Advisers increased its stake in shares of Tarena International by 209.9% in the 3rd quarter. Davis Selected Advisers now owns 2,458,979 shares of the business services provider’s stock valued at $35,778,000 after purchasing an additional 1,665,477 shares in the last quarter. Schroder Investment Management Group increased its stake in shares of Tarena International by 15.5% in the 3rd quarter. Schroder Investment Management Group now owns 1,381,908 shares of the business services provider’s stock valued at $20,011,000 after purchasing an additional 185,518 shares in the last quarter. Greenwoods Asset Management Ltd increased its stake in shares of Tarena International by 35.5% in the 3rd quarter. Greenwoods Asset Management Ltd now owns 1,072,375 shares of the business services provider’s stock valued at $15,603,000 after purchasing an additional 280,718 shares in the last quarter. Copper Rock Capital Partners LLC increased its stake in shares of Tarena International by 25.6% in the 4th quarter. Copper Rock Capital Partners LLC now owns 383,576 shares of the business services provider’s stock valued at $5,589,000 after purchasing an additional 78,163 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Tarena International by 391.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 219,507 shares of the business services provider’s stock valued at $3,193,000 after purchasing an additional 174,842 shares in the last quarter. Hedge funds and other institutional investors own 34.37% of the company’s stock.

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About Tarena International

Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.

Analyst Recommendations for Tarena International (NASDAQ:TEDU)

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