Tarena International Inc (NASDAQ:TEDU) reached a new 52-week high and low on Thursday . The company traded as low as $9.71 and last traded at $10.06, with a volume of 6560 shares trading hands. The stock had previously closed at $10.02.
A number of equities research analysts have recently weighed in on TEDU shares. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. BidaskClub downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Jefferies Group reissued a “hold” rating and issued a $12.35 price objective on shares of Tarena International in a research note on Wednesday, March 7th. TheStreet cut shares of Tarena International from a “b-” rating to a “c+” rating in a research note on Wednesday, April 11th. Finally, Nomura decreased their price objective on shares of Tarena International from $17.50 to $13.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $16.21.
The company has a market cap of $553.72 million, a PE ratio of 20.83, a P/E/G ratio of 0.98 and a beta of 0.91.
Tarena International (NASDAQ:TEDU) last announced its quarterly earnings data on Monday, March 5th. The business services provider reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $93.28 million for the quarter. Tarena International had a net margin of 9.47% and a return on equity of 11.79%. sell-side analysts expect that Tarena International Inc will post 0.48 EPS for the current fiscal year.
The company also recently disclosed a None dividend, which will be paid on Saturday, June 9th. Investors of record on Thursday, April 5th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, April 4th. Tarena International’s dividend payout ratio (DPR) is 30.43%.
A number of large investors have recently made changes to their positions in TEDU. Bank of Montreal Can increased its stake 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 last quarter. Parametrica Management Ltd bought a new stake in shares of Tarena International during the fourth quarter worth $2,111,000. Schroder Investment Management Group grew its stake in shares of Tarena International by 24.7% during the fourth quarter. Schroder Investment Management Group now owns 1,723,695 shares of the business services provider’s stock worth $25,838,000 after buying an additional 341,787 shares during the last quarter. BlackRock Inc. grew its stake in shares of Tarena International by 4.9% during the fourth quarter. BlackRock Inc. now owns 561,606 shares of the business services provider’s stock worth $8,419,000 after buying an additional 26,016 shares during the last quarter. Finally, Matthews International Capital Management LLC grew its stake in shares of Tarena International by 3.6% during the fourth quarter. Matthews International Capital Management LLC now owns 264,200 shares of the business services provider’s stock worth $3,960,000 after buying an additional 9,300 shares during the last quarter. 37.34% of the stock is currently owned by institutional investors and hedge funds.
Tarena International Company Profile
Tarena International, Inc, through its subsidiaries, provides professional education services through part-time and full-time classes in the People's Republic of China. It offers education courses in 12 information technology (IT) subjects, such as Java, .NET, C++, software testing, PHP, embedded, Android, iOS, Big Data, Web front-end development, Linux and network engineering, and VR/AR; and 3 non-IT subjects comprising digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.
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