Tarena International Inc (TEDU) Shares Down 1.4%
Shares of Tarena International Inc (NASDAQ:TEDU) dropped 1.4% during trading on Thursday . The stock traded as low as $13.59 and last traded at $13.65, with a volume of 207,482 shares trading hands. The stock had previously closed at $13.85.
TEDU has been the topic of several recent research reports. TheStreet raised shares of Tarena International from a “hold” rating to a “buy” rating in a report on Monday, August 15th. Jefferies Group reaffirmed a “buy” rating and issued a $13.40 price objective on shares of Tarena International in a report on Tuesday, August 16th. Brean Capital reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Tarena International in a report on Tuesday, May 24th. Finally, Zacks Investment Research downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $13.63.
The stock has a 50 day moving average price of $11.41 and a 200 day moving average price of $10.69. The stock has a market cap of $760.25 million and a PE ratio of 25.83.
Tarena International (NASDAQ:TEDU) last issued its quarterly earnings results on Monday, August 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm earned $55.90 million during the quarter, compared to analysts’ expectations of $54.66 million. On average, analysts anticipate that Tarena International Inc will post $0.77 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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