TAL Education Group (NYSE:TAL) Shares Gap Up to $11.95

TAL Education Group (NYSE:TAL - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $11.95, but opened at $12.57. TAL Education Group shares last traded at $12.03, with a volume of 1,110,549 shares traded.

Analyst Ratings Changes

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

TAL Education Group Stock Performance

The stock has a market cap of $7.77 billion, a P/E ratio of -110.09 and a beta of 0.15. The firm has a 50 day moving average of $12.55 and a two-hundred day moving average of $11.50.

TAL Education Group (NYSE:TAL - Get Free Report) last announced its earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. The company had revenue of $373.51 million for the quarter, compared to the consensus estimate of $330.96 million. On average, sell-side analysts anticipate that TAL Education Group will post -0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On TAL Education Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in shares of TAL Education Group by 50.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company's stock worth $45,000 after purchasing an additional 1,191 shares in the last quarter. IPG Investment Advisors LLC acquired a new position in shares of TAL Education Group in the 4th quarter worth approximately $126,000. Advisor Partners II LLC lifted its position in TAL Education Group by 42.4% during the 3rd quarter. Advisor Partners II LLC now owns 14,513 shares of the company's stock worth $132,000 after buying an additional 4,322 shares in the last quarter. New York State Common Retirement Fund increased its position in TAL Education Group by 668.6% in the 4th quarter. New York State Common Retirement Fund now owns 12,298 shares of the company's stock valued at $155,000 after acquiring an additional 10,698 shares in the last quarter. Finally, Diversified Trust Co bought a new stake in shares of TAL Education Group during the fourth quarter valued at approximately $180,000. 37.79% of the stock is currently owned by institutional investors.

About TAL Education Group

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.