Stocks of TAL Education Group ADR (NYSE:TAL) traded higher last session on Wall Street, down -1.62% to $9.70.
According to the data, TAL Education Group ADR (NYSE:TAL) has 14 analysts covering its stock. 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 $9.00, we find $11.00. Given the previous closing price of $9.86, this indicates a potential upside of 11.56 percent. TAL stock price is now 9.68% away from the 50-day moving average and 37.60% away from the 200-day moving average. The market capitalization of the company currently stands at $4.75B.
A total of 3 analysts have issued a hold rating and 9 have given it a buy rating. Brokers who have rated the stock have averaged $10.88 as their price target over the next twelve months.
With the price target of $10.50, Morgan Stanley recently initiated with Overweight rating for TAL Education Group ADR (NYSE: TAL).
A total of 0.51% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $9.97 for TAL Education Group ADR (NYSE: TAL). During the past 12 months, TAL Education Group ADR has had a low of $4.74 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 $8.89 and a two-hundred day moving average price translates $7.07 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 $0.1, beating analysts’ expectations of $0.09 by 0.01. This compares to $0.00 EPS in the same period last year. The net profit margin was -8.25% 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 $331.1M 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.
