TAL Education Group (NYSE:TAL) Shares Up 3.9% - Here's Why

Key Points

• TAL Education Group shares rose 3.9% to approximately $12.20, although trading volume was 86% below the average session level.
• The company reported quarterly EPS of $0.75, well above the $0.29 consensus estimate, while revenue of $758.38 million also exceeded expectations.
• Analyst sentiment remains moderately bullish, with a consensus rating of “Moderate Buy” and a $14.80 target price; however, recent analyst actions were mixed, and an insider sold 30,000 shares.

TAL Education Group (NYSE:TAL - Get Free Report)'s stock price shot up 3.9% on Tuesday . The company traded as high as $12.21 and last traded at $12.2020. Approximately 556,768 shares changed hands during trading, a decline of 86% from the average session volume of 4,041,318 shares. The stock had previously closed at $11.74.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TAL shares. Wall Street Zen downgraded shares of TAL Education Group from a "buy" rating to a "hold" rating in a research report on Sunday, July 12th. Weiss Ratings downgraded TAL Education Group from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, August 17th. New Street Research set a $13.60 price objective on shares of TAL Education Group in a research note on Friday, July 31st. Jefferies Financial Group assumed coverage on TAL Education Group in a report on Friday, July 31st. They set a "hold" rating on the stock. Finally, Zacks Research raised TAL Education Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.80.

TAL Education Group Trading Up 4.6%

The stock has a market capitalization of $6.81 billion, a PE ratio of 7.62, a price-to-earnings-growth ratio of 0.82 and a beta of 0.13. The firm's fifty day moving average price is $10.92 and its two-hundred day moving average price is $10.81.

TAL Education Group (NYSE:TAL - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.46. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. The firm had revenue of $758.38 million during the quarter, compared to analysts' expectations of $719.40 million. As a group, sell-side analysts anticipate that TAL Education Group will post 1.06 earnings per share for the current fiscal year.

Insider Activity at TAL Education Group

In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 30,000 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $12.28, for a total transaction of $368,400.00. Following the completion of the transaction, the insider owned 15,144 shares in the company, valued at approximately $185,968.32. This trade represents a 66.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.81% of the company's stock.

Institutional Investors Weigh In On TAL Education Group

Several hedge funds and other institutional investors have recently made changes to their positions in TAL. Public Sector Pension Investment Board raised its stake in shares of TAL Education Group by 1.0% during the 4th quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company's stock worth $1,606,000 after buying an additional 1,400 shares during the period. PNC Financial Services Group Inc. boosted its stake in TAL Education Group by 9.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 16,693 shares of the company's stock valued at $182,000 after buying an additional 1,508 shares in the last quarter. Mariner LLC boosted its stake in shares of TAL Education Group by 11.3% during the 4th quarter. Mariner LLC now owns 15,964 shares of the company's stock worth $175,000 after acquiring an additional 1,623 shares in the last quarter. Envestnet Asset Management Inc. grew its position in TAL Education Group by 12.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 17,614 shares of the company's stock worth $197,000 after acquiring an additional 1,913 shares during the last quarter. Finally, State of Wyoming lifted its holdings in shares of TAL Education Group by 11.1% in the first quarter. State of Wyoming now owns 21,610 shares of the company's stock valued at $246,000 after purchasing an additional 2,160 shares in the last quarter. Hedge funds and other institutional investors own 37.79% of the company's stock.

About TAL Education Group

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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