Reasons why TAL Education Group’s (NYSE:TAL) fundamentals are futile

In yesterday’s Wall Street session, TAL Education Group (NYSE:TAL) shares traded at $7.39, down -1.73% from the previous session.

15 analysts cover TAL Education Group (NYSE:TAL), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $10.20 and a low of $6.70, we find $7.50. Given the previous closing price of $7.52, this indicates a potential downside of -0.27 percent. TAL stock price is now 6.63% away from the 50-day moving average and 10.02% away from the 200-day moving average. The market capitalization of the company currently stands at $4.82B.

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The stock has received a hold rating from 5 analysts and a buy rating from 7. Brokers who have rated the stock have averaged $7.77 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 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND during the first quarter worth $74,402,000. NATIONAL BANK OF CANADA /FI/ invested $26,251,000 in shares of TAL during the first quarter. In the first quarter, BSN CAPITAL PARTNERS LTD acquired a new stake in TAL Education Group valued at approximately $16,209,000. CUBIST SYSTEMATIC STRATEGIES, LLC acquired a new stake in TAL for approximately $2,645,000. POINT72 HONG KONG LTD purchased a new stake in TAL valued at around $1,273,000 in the second quarter. In total, there are 307 active investors with 57.30% ownership of the company’s stock.

On Tuesday morning TAL Education Group (NYSE: TAL) stock kicked off with the opening price of $7.51. 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 3.60, and a quick ratio of 3.50. The fifty day moving average price for TAL is $6.95 and a two-hundred day moving average price translates $6.72 for the stock.

The latest earnings results from TAL Education Group (NYSE: TAL) was released for May, 2023. According to the Education & Training Services Company, earnings per share came in at -$0.03, missing analysts’ expectations of $0 by -0.03. This compares to -$0.07 EPS in the same period last year. The net profit margin was -12.80% and return on equity was -3.60% for TAL. The company reported revenue of $275.44 million for the quarter, compared to $224.04 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.94 percent. For the current quarter, analysts expect TAL to generate $391.12M 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, 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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