Tarena International Inc (TEDU) Stock Price Down 1.4%
Shares of Tarena International Inc (NASDAQ:TEDU) traded down 1.4% during mid-day trading on Thursday . The company traded as low as $13.59 and last traded at $13.65, with a volume of 207,482 shares. The stock had previously closed at $13.85.
A number of analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a report on Saturday. TheStreet upgraded shares of Tarena International from a “hold” rating to a “buy” rating in a report on Monday, August 15th. Jefferies Group restated a “buy” rating and set a $13.40 price target on shares of Tarena International in a report on Tuesday, August 16th. Finally, Brean Capital restated a “buy” rating and set a $16.00 price target on shares of Tarena International in a report on Tuesday, May 24th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $13.63.
The company has a market capitalization of $763.05 million and a PE ratio of 25.92. The firm has a 50-day moving average price of $11.59 and a 200-day moving average price of $10.74.
Tarena International (NASDAQ:TEDU) last released 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 company had revenue of $55.90 million for the quarter, compared to analysts’ expectations of $54.66 million. Equities analysts expect that Tarena International Inc will post $0.77 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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