In yesterday’s Wall Street session, TAL Education Group ADR (NYSE:TAL) shares traded at $12.06, up 3.79% from the previous session.
TAL stock price is now -4.05% away from the 50-day moving average and 27.35% away from the 200-day moving average. The market capitalization of the company currently stands at $5.92B.
On January 25, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $10 to quote $15, while ‘Goldman’ rates the stock as ‘Buy’
A total of 0.50% of the company’s stock is owned by insiders.
During the past 12 months, TAL Education Group ADR has had a low of $5.09 and a high of $15.52. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 3.22, and a quick ratio of 3.17. The fifty day moving average price for TAL is $12.57 and a two-hundred day moving average price translates $9.50 for the stock.
The latest earnings results from TAL Education Group ADR (NYSE: TAL) was released for Nov, 2023. According to the Education & Training Services Company, earnings per share came in at $0, missing analysts’ expectations of $0.02 by -0.02. This compares to -$0.08 EPS in the same period last year. The net profit margin was -5.30% and return on equity was -1.90% for TAL. The company reported revenue of $373.51 million for the quarter, compared to $232.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 60.52 percent. For the current quarter, analysts expect TAL to generate $391.29M 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.
