Wall Street analysts expect TAL Education Group (NYSE:TAL) to report earnings per share of $0.12 for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for TAL Education Group’s earnings. TAL Education Group reported earnings of $0.06 per share in the same quarter last year, which indicates a positive year over year growth rate of 100%. The business is scheduled to issue its next earnings results on Thursday, April 26th.
On average, analysts expect that TAL Education Group will report full year earnings of $0.33 per share for the current year, with EPS estimates ranging from $0.31 to $0.37. For the next financial year, analysts anticipate that the business will report earnings of $0.60 per share, with EPS estimates ranging from $0.57 to $0.64. Zacks’ EPS averages are a mean average based on a survey of research firms that cover TAL Education Group.
TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, January 25th. The company reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The business had revenue of $433.27 million during the quarter. TAL Education Group had a net margin of 10.55% and a return on equity of 19.59%.
Several research firms have recently commented on TAL. Zacks Investment Research lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Deutsche Bank began coverage on shares of TAL Education Group in a research report on Thursday, January 4th. They set a “buy” rating and a $35.00 price target for the company. Finally, ValuEngine lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. TAL Education Group has an average rating of “Buy” and a consensus target price of $31.55.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Martin Currie Ltd. grew its position in TAL Education Group by 20.0% in the 4th quarter. Martin Currie Ltd. now owns 13,200 shares of the company’s stock valued at $392,000 after buying an additional 2,200 shares in the last quarter. Macquarie Group Ltd. grew its position in TAL Education Group by 9.9% in the 4th quarter. Macquarie Group Ltd. now owns 35,502 shares of the company’s stock valued at $1,040,000 after buying an additional 3,200 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in TAL Education Group by 14.1% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 30,129 shares of the company’s stock valued at $959,000 after buying an additional 3,729 shares in the last quarter. Envestnet Asset Management Inc. grew its position in TAL Education Group by 531.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock valued at $166,000 after buying an additional 4,131 shares in the last quarter. Finally, Teachers Advisors LLC grew its position in TAL Education Group by 3.6% in the 4th quarter. Teachers Advisors LLC now owns 130,900 shares of the company’s stock valued at $3,889,000 after buying an additional 4,500 shares in the last quarter. Hedge funds and other institutional investors own 55.98% of the company’s stock.
TAL Education Group (NYSE TAL) opened at $38.71 on Thursday. The company has a market cap of $18,576.76, a PE ratio of 136.63 and a beta of 0.28. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.25. TAL Education Group has a 12-month low of $15.89 and a 12-month high of $39.28.
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TAL Education Group Company Profile
TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.
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