Tarena International Inc (NASDAQ:TEDU) has been assigned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $12.93.

Several equities research analysts recently commented on TEDU shares. Zacks Investment Research raised shares of Tarena International from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th. BidaskClub raised shares of Tarena International from a “strong sell” rating to a “sell” rating in a report on Saturday, October 13th.

Institutional investors have recently added to or reduced their stakes in the company. Bank of Montreal Can purchased a new stake in shares of Tarena International during the third quarter worth $130,000. Aperio Group LLC purchased a new stake in shares of Tarena International during the second quarter worth $121,000. Private Advisory Group LLC purchased a new stake in shares of Tarena International during the second quarter worth $1,977,000. Summit Global Investments purchased a new stake in shares of Tarena International during the second quarter worth $681,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Tarena International during the first quarter worth $1,199,000. 31.18% of the stock is owned by institutional investors and hedge funds.

NASDAQ TEDU traded down $0.08 on Monday, hitting $8.92. The company had a trading volume of 129 shares, compared to its average volume of 169,845. The firm has a market cap of $489.21 million, a PE ratio of 19.57 and a beta of 0.74. Tarena International has a 12-month low of $7.11 and a 12-month high of $15.97.

Tarena International (NASDAQ:TEDU) last issued its quarterly earnings results on Monday, August 20th. The business services provider reported ($0.46) EPS for the quarter. The company had revenue of $81.25 million during the quarter. Tarena International had a negative return on equity of 12.50% and a negative net margin of 8.83%. As a group, research analysts predict that Tarena International will post -0.72 EPS for the current fiscal year.

About Tarena International

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes in the People's Republic of China. It offers education courses in 13 information technology (IT) subjects, such as Java, .NET, C++, software testing, embedded, PHP, Android, iOS, Linux and network engineering, Big Data, Web front-end development, VR/AR, and Python; and 3 non-IT subjects, including digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

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