Tarena International Inc (TEDU) Shares Down 1.9%
Tarena International Inc (NASDAQ:TEDU)’s share price traded 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 traded. The stock had previously closed at $13.30.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Tarena International from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Jefferies Group reissued a “buy” rating and issued a $13.40 target price on shares of Tarena International in a report on Tuesday. Brean Capital reissued a “buy” rating and issued a $16.00 target price on shares of Tarena International in a report on Tuesday, May 24th. Finally, TheStreet raised Tarena International from a “hold” rating to a “buy” rating in a report on Monday, August 15th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. Tarena International presently has an average rating of “Buy” and an average price target of $13.63.
The firm has a market cap of $751.39 million and a price-to-earnings ratio of 25.58. The company has a 50 day moving average price of $11.17 and a 200-day moving average price of $10.57.
Tarena International (NASDAQ:TEDU) last posted its quarterly earnings results on Monday, August 15th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $55.90 million for the quarter, compared to the consensus estimate of $54.66 million. Equities research analysts anticipate that Tarena International Inc will post $0.74 earnings per share for the current 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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