Zacks Investment Research upgraded shares of Tarena International (NASDAQ:TEDU) from a sell rating to a hold rating in a report released on Tuesday, September 18th.

According to Zacks, “Tarena International, Inc. is a provider of professional education services in China. The Company specializes in Information Technology professional education services including classroom training. It offers education courses in nine IT subjects, such as Java, C++, software testing, PHP, embedded, Android, .NET, iOS, and Linux and network engineering; and two non-IT subjects comprising digital art, and online sales and marketing through live distance instruction, classroom-based tutoring, and online learning modules. Tarena International, Inc. is headquartered in Beijing, the People’s Republic of China. “

Other equities research analysts also recently issued reports about the stock. ValuEngine upgraded shares of Tarena International from a sell rating to a hold rating in a research note on Monday, July 2nd. Credit Suisse Group cut shares of Tarena International from an outperform rating to a neutral rating in a report on Thursday, June 7th. Finally, CLSA cut shares of Tarena International from a buy rating to an underperform rating in a report on Tuesday, June 5th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company has an average rating of Hold and an average price target of $12.93.

TEDU stock traded up $0.39 during trading hours on Tuesday, reaching $7.92. 132,799 shares of the stock were exchanged, compared to its average volume of 182,757. Tarena International has a 12 month low of $7.11 and a 12 month high of $15.97. The stock has a market cap of $448.86 million, a PE ratio of 17.22 and a beta of 0.97.

Tarena International (NASDAQ:TEDU) last posted its quarterly earnings data on Monday, August 20th. The business services provider reported ($0.46) EPS for the quarter. Tarena International had a negative return on equity of 12.50% and a negative net margin of 8.83%. The business had revenue of $81.25 million for the quarter. On average, equities analysts expect that Tarena International will post -0.72 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Millennium Management LLC bought a new position in Tarena International in the first quarter valued at approximately $4,373,000. Private Advisory Group LLC bought a new position in Tarena International in the second quarter valued at approximately $1,977,000. BlackRock Inc. increased its stake in Tarena International by 10.0% in the first quarter. BlackRock Inc. now owns 617,624 shares of the business services provider’s stock valued at $6,930,000 after acquiring an additional 56,018 shares during the last quarter. Schroder Investment Management Group increased its stake in Tarena International by 8.1% in the first quarter. Schroder Investment Management Group now owns 1,862,993 shares of the business services provider’s stock valued at $20,903,000 after acquiring an additional 139,298 shares during the last quarter. Finally, Trexquant Investment LP bought a new position in Tarena International in the first quarter valued at approximately $151,000. 30.76% of the stock is currently owned by institutional investors.

Tarena International Company Profile

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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