Tarena International Inc (TEDU) Trading Down 1.9%
Shares of Tarena International Inc (NASDAQ:TEDU) were down 1.9% during mid-day trading on Thursday . The company traded as low as $12.43 and last traded at $13.05, with a volume of 783,544 shares. The stock had previously closed at $13.30.
A number of analysts recently issued reports on TEDU shares. TheStreet raised shares of Tarena International from a “hold” rating to a “buy” rating in a research report on Monday. Jefferies Group reissued a “buy” rating and set a $13.40 target price on shares of Tarena International in a research report on Tuesday. Brean Capital reissued a “buy” rating and set a $16.00 target price on shares of Tarena International in a research report on Tuesday, May 24th. Finally, Zacks Investment Research downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $13.63.
The stock’s 50 day moving average is $11.00 and its 200 day moving average is $10.51. The stock has a market capitalization of $730.21 million and a P/E ratio of 24.86.
Tarena International (NASDAQ:TEDU) last issued its quarterly earnings results on Monday, August 15th. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.03. The company earned $55.90 million during the quarter, compared to analysts’ expectations of $54.66 million. On average, analysts forecast that Tarena International Inc will post $0.75 EPS for the current fiscal year.
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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