TAL Education Group (NYSE:TAL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of TAL Education Group (NYSE:TAL) have received an average recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $13.70.

A number of research firms recently weighed in on TAL. UBS Group raised their price target on TAL Education Group from $16.40 to $17.20 and gave the company a “buy” rating in a report on Friday, January 24th. StockNews.com upgraded TAL Education Group from a “sell” rating to a “hold” rating in a research note on Friday, January 24th. Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating and cut their price target for the company from $14.50 to $10.90 in a report on Thursday, April 24th. Finally, JPMorgan Chase & Co. lowered shares of TAL Education Group from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $16.00 to $11.00 in a report on Thursday, April 24th.

Institutional Investors Weigh In On TAL Education Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Prescott Group Capital Management L.L.C. acquired a new stake in TAL Education Group in the fourth quarter worth about $1,002,000. Cornerstone Investment Partners LLC bought a new position in shares of TAL Education Group in the 4th quarter valued at about $205,000. New York State Common Retirement Fund acquired a new stake in shares of TAL Education Group during the 4th quarter worth approximately $1,991,000. Veritas Asset Management LLP acquired a new stake in shares of TAL Education Group during the 4th quarter worth approximately $432,000. Finally, RWC Asset Management LLP raised its stake in shares of TAL Education Group by 3.0% during the fourth quarter. RWC Asset Management LLP now owns 93,784 shares of the company’s stock worth $940,000 after buying an additional 2,726 shares during the last quarter. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Stock Up 3.2%

Shares of TAL Education Group stock opened at $10.86 on Tuesday. TAL Education Group has a 12-month low of $7.35 and a 12-month high of $15.30. The stock has a market capitalization of $6.57 billion, a P/E ratio of 57.16 and a beta of 0.08. The company has a 50-day simple moving average of $11.00 and a 200 day simple moving average of $11.16.

TAL Education Group (NYSE:TAL) 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). TAL Education Group had a return on equity of 3.22% and a net margin of 5.77%. The firm had revenue of $610.24 million for the quarter, compared to the consensus estimate of $639.89 million. During the same period in the prior year, the company posted $0.08 earnings per share. On average, equities analysts anticipate that TAL Education Group will post 0.2 earnings per share for the current year.

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.