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

Shares of Tarena International Inc (NASDAQ:TEDU) have received an average recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $16.21.

TEDU has been the topic of several research reports. BidaskClub downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Jefferies Group reiterated a “hold” rating and issued a $12.35 price target on shares of Tarena International in a report on Wednesday, March 7th. Nomura lowered their price objective on Tarena International from $17.50 to $13.50 and set a “neutral” rating on the stock in a research report on Tuesday, February 13th. Finally, TheStreet lowered Tarena International from a “b-” rating to a “c+” rating in a research report on Wednesday, April 11th.

A number of institutional investors have recently added to or reduced their stakes in TEDU. Trexquant Investment LP purchased a new position in Tarena International during the 1st quarter valued at about $151,000. BB&T Securities LLC acquired a new position in shares of Tarena International in the fourth quarter valued at approximately $243,000. Geode Capital Management LLC increased its holdings in shares of Tarena International by 82.7% in the fourth quarter. Geode Capital Management LLC now owns 27,518 shares of the business services provider’s stock valued at $412,000 after purchasing an additional 12,458 shares during the period. Bank of Montreal Can increased its holdings in shares of Tarena International by 10.8% in the fourth quarter. Bank of Montreal Can now owns 38,694 shares of the business services provider’s stock valued at $580,000 after purchasing an additional 3,773 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in shares of Tarena International in the first quarter valued at approximately $608,000. Institutional investors and hedge funds own 33.57% of the company’s stock.

Shares of Tarena International traded down $0.17, hitting $9.41, during mid-day trading on Monday, according to Marketbeat Ratings. 9,120 shares of the company traded hands, compared to its average volume of 184,370. Tarena International has a 1-year low of $9.47 and a 1-year high of $21.70. The company has a market cap of $538.54 million, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 0.95 and a beta of 0.91.

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

The business also recently disclosed a None dividend, which will be paid on Saturday, June 9th. Shareholders of record on Thursday, April 5th will be given a $0.12 dividend. The ex-dividend date is Wednesday, April 4th. Tarena International’s dividend payout ratio is presently 30.43%.

About Tarena International

Tarena International, Inc, through its subsidiaries, provides professional education services through part-time and full-time classes in the People's Republic of China. It offers education courses in 12 information technology (IT) subjects, such as Java, .NET, C++, software testing, PHP, embedded, Android, iOS, Big Data, Web front-end development, Linux and network engineering, and VR/AR; and 3 non-IT subjects comprising digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

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