TAL Education Group (NYSE:TAL) Upgraded at Wall Street Zen

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 report released on Saturday.

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

TAL Education Group Stock Down 1.9%

NYSE:TAL opened at $10.82 on Friday. The stock has a market cap of $6.59 billion, a P/E ratio of 37.29, a PEG ratio of 0.68 and a beta of 0.06. The business’s 50-day moving average price is $11.46 and its two-hundred day moving average price is $10.99. TAL Education Group has a twelve month low of $8.50 and a twelve month high of $15.30.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP bought a new stake in TAL Education Group during the 3rd quarter valued at $42,000. Hantz Financial Services Inc. increased its position 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 acquiring an additional 8,229 shares during the period. Brooklyn Investment Group increased its position 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 acquiring an additional 8,800 shares during the period. Prelude Capital Management LLC bought a new position in shares of TAL Education Group during the third quarter valued at about $142,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of TAL Education Group by 19.4% during the second quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock worth $143,000 after purchasing an additional 2,268 shares during the period. Institutional investors own 37.79% of the company’s stock.

About TAL Education Group

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.