TAL Education Group (NYSE:TAL) Shares Cross Above 200-Day Moving Average – What’s Next?

TAL Education Group (NYSE:TAL) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $11.01 and traded as high as $11.04. TAL Education Group shares last traded at $11.0250, with a volume of 2,309,716 shares.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TAL. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target on the stock in a report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 22nd. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Finally, Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.91.

TAL Education Group Price Performance

The stock’s 50 day simple moving average is $11.46 and its two-hundred day simple moving average is $11.01. The stock has a market capitalization of $6.71 billion, a PE ratio of 38.02, a PEG ratio of 0.68 and a beta of 0.06.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.21 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 company had revenue of $861.35 million for the quarter, compared to analysts’ expectations of $819.03 million. As a group, equities research analysts predict that TAL Education Group will post 0.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Krane Funds Advisors LLC lifted its holdings in TAL Education Group by 25.5% during the third quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock valued at $253,455,000 after purchasing an additional 4,684,426 shares during the last quarter. Aspex Management HK Ltd raised its position in shares of TAL Education Group by 52.0% in the second quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock valued at $220,614,000 after purchasing an additional 7,388,698 shares during the period. Vanguard Group Inc. raised its position in shares of TAL Education Group by 0.4% in the third quarter. Vanguard Group Inc. now owns 17,394,195 shares of the company’s stock valued at $194,815,000 after purchasing an additional 71,937 shares during the period. Bank of America Corp DE lifted its stake in shares of TAL Education Group by 14.3% during the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock valued at $143,701,000 after buying an additional 1,759,945 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in TAL Education Group by 2,125.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,628,646 shares of the company’s stock worth $166,824,000 after buying an additional 12,061,305 shares during the period. Hedge funds and other institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

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.