The stock of TAL Education Group (NYSE:TAL) last traded at $6.09, down -0.16% from the previous session.
Data from the available sources indicates that TAL Education Group (NYSE:TAL) is covered by 13 analysts. 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 $7.30. Given the previous closing price of $6.10, this indicates a potential upside of 19.67 percent. TAL stock price is now 1.15% away from the 50-day moving average and -2.29% away from the 200-day moving average. The market capitalization of the company currently stands at $4.09B.
In total, 5 analysts have assigned it a hold rating, and 6 have given it a buy rating. Brokers who have rated the stock have averaged $7.31 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).
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 $43,708,000. CLOUDALPHA CAPITAL MANAGEMENT LIMITED/HONG KONG invested $15,286,000 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 $13,675,000. BSN CAPITAL PARTNERS LTD acquired a new stake in TAL for approximately $13,358,000. TB ALTERNATIVE ASSETS LTD. purchased a new stake in TAL valued at around $9,615,000 in the second quarter. In total, there are 336 active investors with 57.30% ownership of the company’s stock.
With an opening price of $6.10 on Thursday morning, TAL Education Group (NYSE: TAL) set off the trading day. 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 $6.03 and a two-hundred day moving average price translates $6.24 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 $268.99 million for the quarter, compared to $541.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -50.29 percent. For the current quarter, analysts expect TAL to generate $264.67M 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.
