TAL Education Group (NYSE:TAL) Stock Price Up 8.1% – Still a Buy?

TAL Education Group (NYSE:TAL) shares traded up 8.1% during mid-day trading on Monday . The stock traded as high as $11.79 and last traded at $12.0050. 1,040,214 shares were traded during trading, a decline of 60% from the average session volume of 2,577,782 shares. The stock had previously closed at $11.11.

Analyst Upgrades and Downgrades

TAL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research note on Thursday, October 30th. Zacks Research downgraded shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. Finally, Wall Street Zen raised TAL Education Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $13.91.

TAL Education Group Price Performance

The business has a 50-day simple moving average of $11.23 and a 200 day simple moving average of $11.07. The firm has a market cap of $7.05 billion, a PE ratio of 39.94, a PEG ratio of 0.74 and a beta of 0.06.

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, beating analysts’ consensus estimates of $0.16 by $0.05. TAL Education Group had a return on equity of 4.71% and a net margin of 6.45%.The company had revenue of $861.35 million during the quarter, compared to the consensus estimate of $819.03 million. On average, equities analysts forecast that TAL Education Group will post 0.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in TAL Education Group by 8.6% during the third quarter. PNC Financial Services Group Inc. now owns 15,185 shares of the company’s stock valued at $170,000 after acquiring an additional 1,202 shares during the period. HighVista Strategies LLC raised its stake in TAL Education Group by 8.3% during the 3rd quarter. HighVista Strategies LLC now owns 19,600 shares of the company’s stock valued at $220,000 after purchasing an additional 1,500 shares during the period. Public Sector Pension Investment Board lifted its holdings in TAL Education Group by 1.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 157,482 shares of the company’s stock worth $1,609,000 after purchasing an additional 1,600 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in TAL Education Group by 12.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 17,614 shares of the company’s stock worth $197,000 after purchasing an additional 1,913 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in TAL Education Group by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock worth $2,733,000 after purchasing an additional 2,275 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.