Tarena International Inc (TEDU) Given Average Recommendation of “Hold” by Analysts

Shares of Tarena International Inc (NASDAQ:TEDU) have received an average recommendation of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $19.67.

Several equities analysts have recently commented on the stock. BidaskClub lowered shares of Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Zacks Investment Research lowered shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th. Finally, Jefferies Group lowered shares of Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd.

Tarena International (NASDAQ:TEDU) traded down $0.31 during trading on Tuesday, hitting $14.18. 72,800 shares of the stock traded hands, compared to its average volume of 111,533. The company has a market capitalization of $803.41, a price-to-earnings ratio of 27.27, a P/E/G ratio of 1.73 and a beta of 0.98. Tarena International has a fifty-two week low of $12.52 and a fifty-two week high of $21.70.

Tarena International (NASDAQ:TEDU) last released its quarterly earnings results on Monday, November 20th. The business services provider reported $0.24 EPS for the quarter. Tarena International had a net margin of 11.77% and a return on equity of 13.44%. equities analysts predict that Tarena International will post 0.5 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in TEDU. Bank of New York Mellon Corp bought a new position in Tarena International in the 2nd quarter valued at about $800,000. Nordea Investment Management AB grew its position in Tarena International by 17.1% in the 3rd quarter. Nordea Investment Management AB now owns 152,105 shares of the business services provider’s stock valued at $2,213,000 after buying an additional 22,242 shares in the last quarter. State Street Corp grew its position in Tarena International by 7.2% in the 2nd quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock valued at $2,368,000 after buying an additional 8,924 shares in the last quarter. Copper Rock Capital Partners LLC grew its position in Tarena International by 25.6% in the 4th quarter. Copper Rock Capital Partners LLC now owns 383,576 shares of the business services provider’s stock valued at $5,589,000 after buying an additional 78,163 shares in the last quarter. Finally, Greenwoods Asset Management Ltd grew its position in Tarena International by 35.5% in the 3rd quarter. Greenwoods Asset Management Ltd now owns 1,072,375 shares of the business services provider’s stock valued at $15,603,000 after buying an additional 280,718 shares in the last quarter. Hedge funds and other institutional investors own 34.40% of the company’s stock.

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Tarena International Company Profile

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.

Analyst Recommendations for Tarena International (NASDAQ:TEDU)

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