In yesterday’s Wall Street session, TAL Education Group (NYSE:TAL) shares traded at $5.88, down -1.84% from the previous session.
As of this writing, 12 analysts cover TAL Education Group (NYSE:TAL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $6.20, we find $7.50. Given the previous closing price of $5.99, this indicates a potential upside of 25.21 percent. TAL stock price is now -3.80% away from the 50-day moving average and -2.41% away from the 200-day moving average. The market capitalization of the company currently stands at $3.85B.
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There are 5 analysts who have given it a hold rating, whereas 5 have given it a buy rating. Brokers who have rated the stock have averaged $7.61 as their price target over the next twelve months.
With the price target maintained at $6.20, UBS recently Downgraded its rating from Buy to Neutral for TAL Education Group (NYSE: TAL)., while ‘Citigroup’ rates the stock as ‘Sell’.
A total of 83.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TAL stock. A new stake in TAL Education Group shares was purchased by SNOW LAKE MANAGEMENT LP during the first quarter worth $42,201,000. CLOUDALPHA CAPITAL MANAGEMENT LIMITED/HONG KONG invested $14,759,000 in shares of TAL during the first quarter. In the first quarter, GREENWOODS ASSET MANAGEMENT HONG KONG LTD. acquired a new stake in TAL Education Group valued at approximately $13,204,000. BSN CAPITAL PARTNERS LTD acquired a new stake in TAL for approximately $12,897,000. TB ALTERNATIVE ASSETS LTD. purchased a new stake in TAL valued at around $9,283,000 in the second quarter. In total, there are 336 active investors with 57.30% ownership of the company’s stock.
Wednesday morning saw TAL Education Group (NYSE: TAL) opened at $5.82. During the past 12 months, TAL Education Group has had a low of $2.81 and a high of $10.45. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.40, and a quick ratio of 4.40. The fifty day moving average price for TAL is $6.09 and a two-hundred day moving average price translates $6.03 for the stock.
The latest earnings results from TAL Education Group (NYSE: TAL) was released for Feb, 2023. According to the Education & Training Services Company, earnings per share came in at -$0.02, missing analysts’ expectations of $0.02 by -0.04. This compares to -$0.17 EPS in the same period last year. The net profit margin was -13.30% and return on equity was -3.50% for TAL. The company reported revenue of $232.68 million for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -77.21 percent. For the current quarter, analysts expect TAL to generate $269.6M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/25/2017. Investors who held shares on 05/11/2017 were paid a $0.485 dividend.
TAL Education Group(TAL) Company Profile
TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. It provides tutoring services primarily through small-class services under the Xueersi, Xueersi Online School, First Leap, Tipaipai, Xiaohou AI, Xiaohoucode, Aiqidao, Mamabang, Kaoyanbang, and Shunshunliuxue brand names; and personalized premium services under Izhikang name. The company also operates jzb.com, an online education platform; provides investment management and consulting services; develops and sells software and networks, as well as related consulting services; and sells educational materials and products. TAL Education Group was founded in 2003 and is headquartered in Beijing, the People’s Republic of China.
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