TAL Education Group (NYSE:TAL) Upgraded by Wall Street Zen to Buy Rating

TAL Education Group (NYSE:TAL) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other equities research analysts have also recently commented on the company. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 target price for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $13.91.

TAL Education Group Price Performance

Shares of NYSE:TAL opened at $10.93 on Friday. The company has a market capitalization of $6.66 billion, a P/E ratio of 37.69, a P/E/G ratio of 0.66 and a beta of 0.09. TAL Education Group has a 1-year low of $8.50 and a 1-year high of $15.30. The firm’s 50 day simple moving average is $11.43 and its two-hundred day simple moving average is $10.86.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.05. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. The firm had revenue of $861.35 million during the quarter, compared to analysts’ expectations of $819.03 million. On average, sell-side analysts anticipate that TAL Education Group will post 0.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TAL Education Group

Large investors have recently made changes to their positions in the company. Atlas Capital Advisors Inc. bought a new position in TAL Education Group during the first quarter valued at approximately $29,000. Quarry LP purchased a new stake in shares of TAL Education Group during the 3rd quarter worth approximately $42,000. Headlands Technologies LLC bought a new position in shares of TAL Education Group during the 1st quarter valued at approximately $99,000. Hantz Financial Services Inc. grew its holdings in shares of TAL Education Group by 572.7% in the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock valued at $108,000 after purchasing an additional 8,229 shares in the last quarter. Finally, Brooklyn Investment Group grew its holdings in shares of TAL Education Group by 386.0% in the third quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock valued at $124,000 after purchasing an additional 8,800 shares in the last quarter. 37.79% of the stock is owned by institutional investors.

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.