Tarena International Inc (TEDU) Stock Price Up 3.2%
Tarena International Inc (NASDAQ:TEDU) shares rose 3.2% on Friday . The company traded as high as $13.54 and last traded at $13.51, with a volume of 564,864 shares changing hands. The stock had previously closed at $13.09.
TEDU has been the topic of a number of recent analyst reports. TheStreet raised Tarena International from a “hold” rating to a “buy” rating in a research note on Monday, August 15th. Jefferies Group reissued a “buy” rating and issued a $13.40 price objective on shares of Tarena International in a research note on Tuesday, August 16th. Brean Capital reissued a “buy” rating and issued a $16.00 price objective on shares of Tarena International in a research note on Tuesday, May 24th. Finally, Zacks Investment Research raised Tarena International from a “sell” rating to a “hold” rating in a research note on Saturday, August 27th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Tarena International presently has a consensus rating of “Buy” and a consensus price target of $13.63.
The company has a 50-day moving average of $11.99 and a 200 day moving average of $10.90. The firm has a market cap of $754.67 million and a P/E ratio of 25.64.
Tarena International (NASDAQ:TEDU) last posted its earnings results on Monday, August 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The business earned $55.90 million during the quarter, compared to analyst estimates of $54.66 million. On average, analysts anticipate that Tarena International Inc will post $0.77 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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