Tarena International Inc (NASDAQ:TEDU) has earned an average recommendation of “Hold” from the seven brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and six have assigned a hold recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $18.13.
A number of research analysts recently commented on TEDU shares. Zacks Investment Research upgraded Tarena International from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. Jefferies Group cut Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. BidaskClub upgraded Tarena International from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Finally, Nomura lowered their price target on Tarena International from $17.50 to $13.50 and set a “neutral” rating on the stock in a research report on Tuesday.
A number of large investors have recently made changes to their positions in the business. Bank of Montreal Can grew its position in Tarena International by 10.8% in the fourth quarter. Bank of Montreal Can now owns 38,694 shares of the business services provider’s stock valued at $580,000 after acquiring an additional 3,773 shares during the period. State Street Corp grew its position in Tarena International by 7.2% in the second quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock valued at $2,368,000 after acquiring an additional 8,924 shares during the period. Matthews International Capital Management LLC grew its position in Tarena International by 3.6% in the fourth quarter. Matthews International Capital Management LLC now owns 264,200 shares of the business services provider’s stock valued at $3,960,000 after acquiring an additional 9,300 shares during the period. Geode Capital Management LLC grew its position in Tarena International by 82.7% in the fourth quarter. Geode Capital Management LLC now owns 27,518 shares of the business services provider’s stock valued at $412,000 after acquiring an additional 12,458 shares during the period. Finally, BB&T Securities LLC bought a new stake in Tarena International in the fourth quarter valued at $243,000. Hedge funds and other institutional investors own 34.45% of the company’s stock.
Shares of Tarena International (TEDU) traded up $0.13 during midday trading on Friday, hitting $12.51. The company had a trading volume of 45,705 shares, compared to its average volume of 133,004. The firm has a market capitalization of $716.24, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 1.51 and a beta of 0.75. Tarena International has a twelve month low of $11.48 and a twelve month high of $21.70.
Tarena International (NASDAQ:TEDU) last issued its earnings results on Monday, November 20th. The business services provider reported $0.24 EPS for the quarter. The business had revenue of $85.17 million during the quarter. Tarena International had a return on equity of 13.44% and a net margin of 11.77%. sell-side analysts forecast that Tarena International will post 0.5 EPS for the current fiscal year.
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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.
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