Tarena International Inc (TEDU) Trading Up 4.9%
Tarena International Inc (NASDAQ:TEDU)’s share price was up 4.9% during trading on Wednesday . The company traded as high as $11.54 and last traded at $11.49, with a volume of 226,539 shares trading hands. The stock had previously closed at $10.95.
Several equities research analysts have issued reports on TEDU shares. Brean Capital reiterated a “buy” rating and set a $16.00 target price on shares of Tarena International in a research report on Tuesday, May 24th. Zacks Investment Research lowered shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. Finally, Jefferies Group started coverage on shares of Tarena International in a research report on Saturday, July 9th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Tarena International currently has an average rating of “Buy” and an average target price of $13.83.
The firm has a market capitalization of $629.72 million and a PE ratio of 24.81. The firm has a 50 day moving average price of $10.38 and a 200 day moving average price of $10.26.
Tarena International (NASDAQ:TEDU) last released its quarterly earnings results on Monday, May 23rd. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.06. The business had revenue of $41.30 million for the quarter, compared to analysts’ expectations of $39.18 million. Tarena International’s revenue for the quarter was up 46.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.03) EPS. Equities research analysts predict that Tarena International Inc will post $0.74 earnings per share for the current year.
Tarena International Inc (Tarena International) is a provider of professional education services in China. Tarena International offers courses in nine IT subjects and three non-IT subjects. It has an education platform combining live distance instruction, classroom-based tutoring and online learning modules.
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