TAL Education Group (NYSE:TAL) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

TAL Education Group (NYSE:TAL - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $13.70.

A number of research firms recently weighed in on TAL. Macquarie lowered shares of TAL Education Group from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $14.50 to $10.90 in a research report on Thursday, April 24th. JPMorgan Chase & Co. downgraded TAL Education Group from an "overweight" rating to a "neutral" rating and cut their target price for the stock from $16.00 to $11.00 in a research note on Thursday, April 24th.

TAL Education Group Stock Performance

Shares of TAL Education Group stock traded up $0.21 on Tuesday, hitting $11.03. The company had a trading volume of 10,531,272 shares, compared to its average volume of 7,364,882. The stock has a 50 day moving average of $10.78 and a 200-day moving average of $11.14. TAL Education Group has a 1 year low of $7.35 and a 1 year high of $15.30. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 58.06 and a beta of 0.08.

TAL Education Group (NYSE:TAL - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.06). The company had revenue of $610.24 million for the quarter, compared to the consensus estimate of $639.89 million. TAL Education Group had a net margin of 5.77% and a return on equity of 3.22%. During the same quarter last year, the business posted $0.08 earnings per share. Equities analysts anticipate that TAL Education Group will post 0.2 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TAL. Atlas Capital Advisors Inc. bought a new stake in shares of TAL Education Group in the 1st quarter worth approximately $29,000. SBI Securities Co. Ltd. bought a new position in shares of TAL Education Group during the 4th quarter worth $40,000. Headlands Technologies LLC purchased a new stake in TAL Education Group in the 1st quarter worth about $99,000. iA Global Asset Management Inc. bought a new stake in TAL Education Group in the 4th quarter valued at about $79,000. Finally, Blue Trust Inc. lifted its holdings in TAL Education Group by 28.1% during the fourth quarter. Blue Trust Inc. now owns 9,843 shares of the company's stock valued at $99,000 after purchasing an additional 2,158 shares during the last quarter. 37.79% of the stock is currently owned by hedge funds and other institutional investors.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.