TAL Education Group (NYSE:TAL) has been assigned an average recommendation of “Hold” from the nine analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $46.67.
Several analysts have recently commented on the company. Citigroup raised TAL Education Group from a “neutral” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research cut TAL Education Group from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. ValuEngine raised TAL Education Group from a “strong sell” rating to a “sell” rating in a report on Friday, October 26th. Nomura reduced their price target on TAL Education Group from $39.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, October 26th. Finally, TheStreet cut TAL Education Group from a “b-” rating to a “c+” rating in a report on Tuesday, October 9th.
Shares of TAL stock traded down $0.12 during midday trading on Friday, hitting $28.90. The company had a trading volume of 30,809 shares, compared to its average volume of 2,852,864. TAL Education Group has a 52-week low of $21.08 and a 52-week high of $47.63. The company has a market capitalization of $16.41 billion, a P/E ratio of 85.01 and a beta of -0.13.
TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, October 25th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. TAL Education Group had a return on equity of 16.10% and a net margin of 11.61%. The company had revenue of $699.78 million for the quarter. Research analysts expect that TAL Education Group will post 0.44 EPS for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of TAL. Csenge Advisory Group acquired a new position in TAL Education Group during the third quarter worth $27,000. Tower Research Capital LLC TRC raised its holdings in TAL Education Group by 107.0% during the second quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock worth $169,000 after purchasing an additional 2,368 shares during the last quarter. American International Group Inc. acquired a new position in TAL Education Group during the third quarter worth $143,000. Natixis acquired a new position in TAL Education Group during the second quarter worth $224,000. Finally, Exane Derivatives raised its holdings in TAL Education Group by 222.6% during the third quarter. Exane Derivatives now owns 7,807 shares of the company’s stock worth $203,000 after purchasing an additional 5,387 shares during the last quarter. 55.14% of the stock is owned by institutional investors and hedge funds.
TAL Education Group Company Profile
TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.
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