TAL Education Group (NYSE:TAL) Receives Consensus Rating of “Buy” from Brokerages

Shares of TAL Education Group (NYSE:TAL) have been given a consensus rating of “Buy” by the four brokerages that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $12.37.

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $10.00 to $15.00 in a report on Thursday, January 25th. StockNews.com downgraded TAL Education Group from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. Finally, TheStreet upgraded TAL Education Group from a “d+” rating to a “c-” rating in a research note on Wednesday, February 14th.

TAL Education Group Trading Down 1.9 %

TAL opened at $11.43 on Monday. The business’s fifty day simple moving average is $12.60 and its 200-day simple moving average is $11.48. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of -103.91 and a beta of 0.15. TAL Education Group has a 12-month low of $5.09 and a 12-month high of $15.52.

TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, January 25th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). TAL Education Group had a negative net margin of 5.30% and a negative return on equity of 1.93%. The business had revenue of $373.51 million for the quarter, compared to analysts’ expectations of $330.96 million. On average, equities research analysts predict that TAL Education Group will post -0.06 EPS for the current year.

Institutional Trading of TAL Education Group

Several hedge funds and other institutional investors have recently made changes to their positions in TAL. BlackRock Inc. raised its position in shares of TAL Education Group by 0.3% in the 3rd quarter. BlackRock Inc. now owns 20,533,691 shares of the company’s stock valued at $101,439,000 after purchasing an additional 60,574 shares during the last quarter. Krane Funds Advisors LLC raised its holdings in shares of TAL Education Group by 14.0% in the third quarter. Krane Funds Advisors LLC now owns 17,771,371 shares of the company’s stock worth $161,897,000 after buying an additional 2,177,640 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of TAL Education Group by 2.2% during the third quarter. Vanguard Group Inc. now owns 17,168,022 shares of the company’s stock worth $84,809,000 after buying an additional 365,665 shares during the period. Morgan Stanley grew its holdings in shares of TAL Education Group by 20.2% during the third quarter. Morgan Stanley now owns 16,136,868 shares of the company’s stock valued at $147,007,000 after buying an additional 2,710,826 shares during the last quarter. Finally, State Street Corp increased its position in shares of TAL Education Group by 4.9% in the 3rd quarter. State Street Corp now owns 7,629,987 shares of the company’s stock valued at $37,692,000 after acquiring an additional 358,484 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 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.