TAL Education Group (NYSE:TAL) Shares Pass Above 200-Day Moving Average - Should You Sell?

Key Points

• TAL Education Group shares moved above their 200-day moving average of $10.85, reaching $12.45 before closing at $11.79 on substantial trading volume.
• Analyst sentiment remains cautiously positive, with a consensus “Moderate Buy” rating and an average price target of $14.80, despite some recent downgrades to “Hold.”
• The company exceeded quarterly expectations, reporting $0.75 in EPS versus a $0.29 estimate and revenue of $758.38 million versus $719.40 million expected; however, an insider recently sold 30,000 shares.

TAL Education Group (NYSE:TAL - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.85 and traded as high as $12.45. TAL Education Group shares last traded at $11.79, with a volume of 7,254,780 shares trading hands.

Analyst Ratings Changes

Several research firms recently commented on TAL. Zacks Research upgraded TAL Education Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 6th. Wall Street Zen cut TAL Education Group from a "buy" rating to a "hold" rating in a report on Sunday, July 12th. New Street Research set a $13.60 price target on TAL Education Group in a research report on Friday, July 31st. Jefferies Financial Group initiated coverage on TAL Education Group in a report on Friday, July 31st. They set a "hold" rating for the company. Finally, Weiss Ratings cut shares of TAL Education Group from a "hold (c+)" rating to a "hold (c)" rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $14.80.

TAL Education Group Trading Down 4.9%

The business's fifty day moving average price is $11.25 and its 200-day moving average price is $10.85. The company has a market capitalization of $6.53 billion, a P/E ratio of 7.32, a P/E/G ratio of 0.86 and a beta of 0.14.

TAL Education Group (NYSE:TAL - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.46. TAL Education Group had a return on equity of 24.55% and a net margin of 28.43%.The business had revenue of $758.38 million for the quarter, compared to analysts' expectations of $719.40 million. As a group, equities research analysts forecast that TAL Education Group will post 1.06 EPS for the current year.

Insider Activity at TAL Education Group

In related news, insider Alex Peng sold 30,000 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $12.28, for a total transaction of $368,400.00. Following the transaction, the insider directly owned 15,144 shares of the company's stock, valued at approximately $185,968.32. This trade represents a 66.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.81% of the company's stock.

Institutional Trading of TAL Education Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP bought a new stake in shares of TAL Education Group in the 3rd quarter worth approximately $42,000. DV Equities LLC purchased a new position in TAL Education Group in the 4th quarter worth $49,000. Cassaday & Co Wealth Management LLC bought a new position in shares of TAL Education Group during the first quarter valued at about $50,000. Daiwa Securities Group Inc. increased its stake in TAL Education Group by 194.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company's stock worth $63,000 after purchasing an additional 3,800 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in TAL Education Group in the first quarter valued at approximately $109,000. Hedge funds and other institutional investors own 37.79% of the company's stock.

TAL Education Group Company Profile

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China's largest private education firms.

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