TAL Education Group (TAL) to Release Earnings on Thursday

TAL Education Group (NYSE:TAL) is scheduled to announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, January 25th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $373.51 million during the quarter, compared to the consensus estimate 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, analysts expect TAL Education Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TAL Education Group Trading Up 2.7 %

Shares of TAL Education Group stock opened at $11.63 on Thursday. The firm has a market capitalization of $7.42 billion, a PE ratio of -105.73 and a beta of 0.15. The firm’s 50 day moving average is $12.67 and its 200 day moving average is $11.43. TAL Education Group has a 1 year low of $5.09 and a 1 year high of $15.52.

Institutional Trading of TAL Education Group

Hedge funds have recently made changes to their positions in the stock. Acadian Asset Management LLC purchased a new stake in shares of TAL Education Group in the 1st quarter valued at $140,000. CIBC Asset Management Inc purchased a new stake in shares of TAL Education Group in the 4th quarter valued at $133,000. Sequoia Financial Advisors LLC purchased a new stake in shares of TAL Education Group in the 4th quarter valued at $123,000. Wetherby Asset Management Inc. boosted its stake in shares of TAL Education Group by 43.8% in the 1st quarter. Wetherby Asset Management Inc. now owns 39,579 shares of the company’s stock valued at $119,000 after purchasing an additional 12,046 shares in the last quarter. Finally, Centiva Capital LP purchased a new stake in shares of TAL Education Group in the 4th quarter valued at $104,000. 37.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several 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 report on Wednesday, February 7th. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $10.00 to $15.00 in a report on Thursday, January 25th. Finally, TheStreet upgraded shares of TAL Education Group from a “d+” rating to a “c-” rating in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat, TAL Education Group currently has a consensus rating of “Moderate Buy” and an average price target of $12.37.

TAL Education Group Company Profile

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.