The price of TAL Education Group ADR (NYSE:TAL) shares last traded on Wall Street fell -2.34% to $8.77.
Based on available information, 15 analysts follow TAL Education Group ADR (NYSE:TAL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $12.30 and a low of $6.70, we find $11.00. Given the previous closing price of $8.98, this indicates a potential upside of 22.49 percent. TAL stock price is now 7.32% away from the 50-day moving average and 26.60% away from the 200-day moving average. The market capitalization of the company currently stands at $4.29B.
Among analysts, 4 rate the stock a hold while 8 rate it a buy. Brokers who have rated the stock have averaged $10.39 as their price target over the next twelve months.
With the price target maintained at $11.60, UBS recently Upgraded its rating from Neutral to Buy for TAL Education Group ADR (NYSE: TAL).
A total of 0.51% of the company’s stock is owned by insiders.
A candlestick chart of TAL Education Group ADR (NYSE: TAL) showed a price of $8.88 on Tuesday morning. During the past 12 months, TAL Education Group ADR has had a low of $4.31 and a high of $10.58. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.91, and a quick ratio of 3.84. The fifty day moving average price for TAL is $8.22 and a two-hundred day moving average price translates $6.93 for the stock.
The latest earnings results from TAL Education Group ADR (NYSE: TAL) was released for Aug, 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 $0.00 EPS in the same period last year. The net profit margin was -8.28% and return on equity was -2.63% for TAL. The company reported revenue of $411.93 million for the quarter, compared to $294.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.08 percent. For the current quarter, analysts expect TAL to generate $393.73M in revenue.
TAL Education Group ADR(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.
