Before You Invest In TAL Education Group ADR (NYSE:TAL), Consider This Metric

In yesterday’s Wall Street session, TAL Education Group ADR (NYSE:TAL) shares traded at $9.10, up 5.94% from the previous session.

As of this writing, 14 analysts cover 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 $8.30, we find $11.00. Given the previous closing price of $8.59, this indicates a potential upside of 28.06 percent. TAL stock price is now 9.78% away from the 50-day moving average and 31.24% away from the 200-day moving average. The market capitalization of the company currently stands at $4.45B.

There are 3 analysts who have given it a hold rating, whereas 8 have given it a buy rating. Brokers who have rated the stock have averaged $10.70 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.

Friday morning saw TAL Education Group ADR (NYSE: TAL) opened at $8.78. During the past 12 months, TAL Education Group ADR has had a low of $4.63 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 $8.34 and a two-hundred day moving average price translates $6.94 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, 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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