TAL Education Group (TAL) Given Consensus Rating of “Hold” by Brokerages

Shares of TAL Education Group (NYSE:TAL) have received a consensus rating of “Hold” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $43.46.

A number of equities research analysts have recently commented on the stock. Morgan Stanley cut shares of TAL Education Group from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 29th. Zacks Investment Research upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 5th. Benchmark increased their target price on shares of TAL Education Group from $37.00 to $42.00 and gave the company a “buy” rating in a research report on Friday, April 27th. ValuEngine upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of TAL Education Group from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, May 29th.

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Shares of TAL Education Group traded down $0.53, reaching $40.27, during mid-day trading on Friday, according to Marketbeat Ratings. The company’s stock had a trading volume of 203,415 shares, compared to its average volume of 3,747,823. The stock has a market capitalization of $20.12 billion, a price-to-earnings ratio of 118.47 and a beta of 0.34. The company has a quick ratio of 1.46, a current ratio of 1.47 and a debt-to-equity ratio of 0.14. TAL Education Group has a 1-year low of $23.58 and a 1-year high of $47.63.

TAL Education Group (NYSE:TAL) last issued its earnings results on Thursday, April 26th. The company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.03. The business had revenue of $504.10 million during the quarter, compared to analysts’ expectations of $485.96 million. TAL Education Group had a net margin of 11.57% and a return on equity of 18.68%. The company’s quarterly revenue was up 59.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. equities research analysts expect that TAL Education Group will post 0.51 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cavalier Investments LLC grew its holdings in shares of TAL Education Group by 2.9% in the first quarter. Cavalier Investments LLC now owns 48,280 shares of the company’s stock valued at $1,791,000 after purchasing an additional 1,380 shares during the period. Xact Kapitalforvaltning AB grew its holdings in shares of TAL Education Group by 2.6% in the second quarter. Xact Kapitalforvaltning AB now owns 58,300 shares of the company’s stock valued at $2,145,000 after purchasing an additional 1,500 shares during the period. Atria Investments LLC boosted its stake in TAL Education Group by 12.9% during the first quarter. Atria Investments LLC now owns 14,243 shares of the company’s stock worth $528,000 after buying an additional 1,622 shares during the period. Comerica Bank boosted its stake in TAL Education Group by 11.4% during the first quarter. Comerica Bank now owns 17,894 shares of the company’s stock worth $664,000 after buying an additional 1,833 shares during the period. Finally, Quantbot Technologies LP boosted its stake in TAL Education Group by 9.6% during the first quarter. Quantbot Technologies LP now owns 27,360 shares of the company’s stock worth $1,014,000 after buying an additional 2,396 shares during the period. 58.86% of the stock is owned by hedge funds and other institutional investors.

TAL Education Group Company Profile

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

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