TAL Education Group (TAL) Scheduled to Post Earnings on Thursday

TAL Education Group (NYSE:TAL - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

TAL Education Group (NYSE:TAL - Get Free Report) last posted its quarterly earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $373.51 million during the quarter, compared to the consensus estimate of $330.96 million. TAL Education Group had a negative net margin of 5.30% and a negative return on equity of 1.93%. On average, analysts expect TAL Education Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TAL Education Group Stock Performance

Shares of TAL traded up $0.03 during trading hours on Thursday, hitting $11.65. The stock had a trading volume of 3,961,540 shares, compared to its average volume of 7,020,667. TAL Education Group has a 1-year low of $5.09 and a 1-year high of $15.52. The firm has a 50 day simple moving average of $12.67 and a 200-day simple moving average of $11.43.

Hedge Funds Weigh In On TAL Education Group

A number of hedge funds have recently bought and sold shares of TAL. Yousif Capital Management LLC purchased a new position in TAL Education Group during the first quarter worth about $39,000. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of TAL Education Group during the second quarter valued at approximately $55,000. Engineers Gate Manager LP bought a new stake in TAL Education Group during the third quarter worth $66,000. Advisor Partners II LLC purchased a new position in TAL Education Group in the fourth quarter worth $71,000. Finally, DRW Securities LLC bought a new position in TAL Education Group in the 2nd quarter valued at $76,000. 37.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised TAL Education Group from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $10.00 to $15.00 in a research note on Thursday, January 25th. StockNews.com lowered shares of TAL Education Group from a "hold" rating to a "sell" rating in a research note on Wednesday, February 7th. Finally, TheStreet upgraded shares of TAL Education Group from a "d+" rating to a "c-" rating in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $12.37.

TAL Education Group 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.