Tarena International Inc. (NASDAQ:TEDU) has a beta value of 0.40 and has seen 0.71 million shares traded in the last trading session. The company, currently valued at $88.70M, closed the last trade at $1.51 per share which meant it lost -$0.07 on the day or -4.43% during that session. The TEDU stock price is -156.95% off its 52-week high price of $3.88 and 17.22% above the 52-week low of $1.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.9 million shares traded. The 3-month trading volume is 1.55 million shares.
The consensus among analysts is that Tarena International Inc. (TEDU) is a Hold stock at the moment, with a recommendation rating of 5.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight.
Tarena International Inc. (NASDAQ:TEDU) trade information
Sporting -4.43% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the TEDU stock price touched $1.51 or saw a rise of 16.11%. Year-to-date, Tarena International Inc. shares have moved -50.33%, while the 5-day performance has seen it change 0.00%. Over the past 30 days, the shares of Tarena International Inc. (NASDAQ:TEDU) have changed 16.15%. Short interest in the company has seen 0.31 million shares shorted with days to cover at 0.39.
Wall Street analysts have a consensus price target for the stock at $34.41, which means that the shares’ value could jump 95.61% from current levels. The projected low price target is $34.41 while the price target rests at a high of $34.41. In that case, then, we find that the current price level is -2178.81% off the targeted high while a plunge would see the stock gain -2178.81% from current levels.
Tarena International Inc. (TEDU) estimates and forecasts
The company’s shares have lost -50.17% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.90%.
1 analysts offering their estimates for the company have set an average revenue estimate of $58.85 million for the current quarter. 1 have an estimated revenue figure of $83.49 million for the next quarter concluding in Jun 2019. Year-ago sales stood $58.55 million and $74.62 million respectively for this quarter and the next, and analysts expect sales will grow by 0.50% for the current quarter and 11.90% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -46.00% over the past 5 years. Earnings growth for 2021 is a modest 27.30% while over the next 5 years, the company’s earnings are expected to decrease by -1.25%.
Tarena International Inc. is expected to release its next earnings report between August 10 and August 16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Tarena International Inc. (NASDAQ:TEDU)’s Major holders
Insiders own 23.67% of the company shares, while shares held by institutions stand at 28.65% with a share float percentage of 37.54%. Investors are also buoyed by the number of investors in a company, with Tarena International Inc. having a total of 20 institutions that hold shares in the company. The top two institutional holders are Wellington Management Group, LLP with over 2.39 million shares worth more than $7.51 million. As of Mar 30, 2021, Wellington Management Group, LLP held 4.89% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 0.59 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $1.86 million and represent 1.21% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund. As of May 30, 2021, the former fund manager holds about 0.06% shares in the company for having 29190.0 shares of worth $0.11 million while later fund manager owns 24820.0 shares of worth $77934.0 as of Mar 30, 2021, which makes it owner of about 0.05% of company’s outstanding stock.