TAL Education Group (NYSE:TAL) Given Average Recommendation of “Buy” by Brokerages

Shares of TAL Education Group (NYSE:TALGet Free Report) have earned an average recommendation of “Buy” from the four brokerages that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a buy rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $12.37.

Several equities research analysts have recently commented on TAL shares. StockNews.com downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $10.00 to $15.00 in a report on Thursday, January 25th. Finally, TheStreet upgraded TAL Education Group from a “d+” rating to a “c-” rating in a report on Wednesday, February 14th.

Read Our Latest Stock Analysis on TAL Education Group

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Yousif Capital Management LLC purchased a new position in TAL Education Group in the first quarter valued at about $39,000. Tower Research Capital LLC TRC raised its holdings in shares of TAL Education Group by 50.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after purchasing an additional 1,191 shares during the period. Vanguard Personalized Indexing Management LLC purchased a new position in TAL Education Group in the second quarter valued at approximately $55,000. Engineers Gate Manager LP bought a new position in TAL Education Group during the third quarter valued at $66,000. Finally, Advisor Partners II LLC bought a new position in TAL Education Group during the fourth quarter valued at $71,000. Hedge funds and other institutional investors own 37.79% of the company’s stock.

TAL Education Group Stock Down 1.2 %

NYSE TAL opened at $11.26 on Thursday. TAL Education Group has a 52 week low of $5.09 and a 52 week high of $15.52. The business has a 50 day moving average price of $12.59 and a 200-day moving average price of $11.02. The company has a market cap of $7.18 billion, a price-to-earnings ratio of -102.32 and a beta of 0.18.

TAL Education Group (NYSE:TALGet Free Report) last posted its quarterly earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The business had revenue of $373.51 million during the quarter, compared to analyst estimates of $330.96 million. TAL Education Group had a negative net margin of 5.30% and a negative return on equity of 1.93%. On average, equities research analysts anticipate that TAL Education Group will post -0.06 earnings per share for the current year.

TAL Education Group Company Profile

(Get Free Report

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company 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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