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

Shares of Tarena International Inc (NASDAQ:TEDU) have been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $16.97.

TEDU has been the subject of a number of recent research reports. BidaskClub raised shares of Tarena International from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research raised shares of Tarena International from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Jefferies Group reissued a “hold” rating and issued a $12.35 price objective on shares of Tarena International in a research note on Wednesday, March 7th. Finally, Nomura dropped their price target on shares of Tarena International from $17.50 to $13.50 and set a “neutral” rating for the company in a research note on Tuesday, February 13th.

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Hedge funds have recently added to or reduced their stakes in the stock. BB&T Securities LLC purchased a new position in shares of Tarena International during the 4th quarter worth about $243,000. Geode Capital Management LLC boosted its stake in shares of Tarena International by 82.7% during the 4th quarter. Geode Capital Management LLC now owns 27,518 shares of the business services provider’s stock worth $412,000 after purchasing an additional 12,458 shares during the period. Bank of Montreal Can boosted its stake in shares of Tarena International by 10.8% during the 4th quarter. Bank of Montreal Can now owns 38,694 shares of the business services provider’s stock worth $580,000 after purchasing an additional 3,773 shares during the period. Two Sigma Investments LP boosted its stake in shares of Tarena International by 119.0% during the 4th quarter. Two Sigma Investments LP now owns 92,953 shares of the business services provider’s stock worth $1,393,000 after purchasing an additional 50,515 shares during the period. Finally, Parametrica Management Ltd purchased a new position in shares of Tarena International during the 4th quarter worth about $2,111,000. 37.35% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:TEDU traded down $0.23 on Friday, reaching $11.00. The company’s stock had a trading volume of 452,962 shares, compared to its average volume of 297,083. Tarena International has a 52-week low of $10.64 and a 52-week high of $21.70. The stock has a market capitalization of $618.36, a P/E ratio of 23.91, a PEG ratio of 1.09 and a beta of 0.90.

Tarena International (NASDAQ:TEDU) last issued its quarterly earnings data on Monday, March 5th. The business services provider reported $0.19 EPS for the quarter. Tarena International had a net margin of 9.47% and a return on equity of 11.79%. The business had revenue of $93.28 million during the quarter. equities research analysts forecast that Tarena International will post 0.48 earnings per share for the current year.

The company also recently declared a dividend, which was paid on Wednesday, April 4th. Investors of record on Thursday, April 5th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, April 4th. Tarena International’s dividend payout ratio is presently 30.43%.

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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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