Tarena International Inc (TEDU) Hits New 1-Year High at $13.19
Tarena International Inc (NASDAQ:TEDU) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $13.19 and last traded at $13.12, with a volume of 552,500 shares. The stock had previously closed at $11.79.
A number of research firms recently issued reports on TEDU. TheStreet raised Tarena International from a “hold” rating to a “buy” rating in a report on Monday. Jefferies Group reissued a “buy” rating and issued a $13.40 price target on shares of Tarena International in a research note on Tuesday. Brean Capital reissued a “buy” rating and issued a $16.00 price target on shares of Tarena International in a research note on Tuesday, May 24th. Finally, Zacks Investment Research cut Tarena International from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $13.63.
The company has a market cap of $746.93 million and a PE ratio of 25.43. The firm has a 50-day moving average price of $10.91 and a 200 day moving average price of $10.49.
Tarena International (NASDAQ:TEDU) last posted its quarterly earnings data 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 earned $55.90 million during the quarter, compared to analyst estimates of $54.66 million. Equities analysts expect that Tarena International Inc will post $0.74 earnings per share 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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