Tarena International Inc (NASDAQ:TEDU) – Research analysts at Jefferies Group issued their FY2020 earnings per share (EPS) estimates for Tarena International in a research report issued to clients and investors on Wednesday. Jefferies Group analyst anticipates that the business services provider will earn $0.93 per share for the year. Jefferies Group currently has a “Hold” rating and a $12.35 price objective on the stock.
A number of other equities analysts have also recently weighed in on TEDU. Zacks Investment Research cut Tarena International from a “hold” rating to a “sell” rating in a report on Tuesday, November 28th. BidaskClub raised Tarena International from a “hold” rating to a “buy” rating in a report on Friday, December 22nd. Finally, Nomura reduced their target price on Tarena International from $17.50 to $13.50 and set a “neutral” rating for the company in a report on Tuesday, February 13th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $16.97.
Tarena International (NASDAQ:TEDU) traded up $0.12 during midday trading on Monday, reaching $12.05. The company had a trading volume of 912,479 shares, compared to its average volume of 180,066. The firm has a market cap of $684.99, a PE ratio of 26.00, a price-to-earnings-growth ratio of 1.20 and a beta of 0.83. Tarena International has a 12 month low of $11.48 and a 12 month high of $21.70.
The company also recently announced a None dividend, which will be paid on Saturday, June 9th. Shareholders of record on Thursday, April 5th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, April 4th. Tarena International’s payout ratio is currently 30.44%.
Institutional investors have recently made changes to their positions in the business. Nordea Investment Management AB raised its holdings in shares of Tarena International by 17.1% during the third quarter. Nordea Investment Management AB now owns 152,105 shares of the business services provider’s stock valued at $2,213,000 after acquiring an additional 22,242 shares during the last quarter. Copper Rock Capital Partners LLC raised its holdings in shares of Tarena International by 25.6% during the fourth quarter. Copper Rock Capital Partners LLC now owns 383,576 shares of the business services provider’s stock valued at $5,589,000 after acquiring an additional 78,163 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Tarena International by 391.5% during the third quarter. Bank of New York Mellon Corp now owns 219,507 shares of the business services provider’s stock valued at $3,193,000 after acquiring an additional 174,842 shares during the last quarter. Dalton Investments LLC raised its holdings in shares of Tarena International by 14.6% during the fourth quarter. Dalton Investments LLC now owns 250,200 shares of the business services provider’s stock valued at $3,750,000 after acquiring an additional 31,800 shares during the last quarter. Finally, Schroder Investment Management Group raised its holdings in shares of Tarena International by 15.5% during the third quarter. Schroder Investment Management Group now owns 1,381,908 shares of the business services provider’s stock valued at $20,011,000 after acquiring an additional 185,518 shares during the last quarter. 37.06% of the stock is owned by institutional investors and hedge funds.
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About Tarena International
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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