TAL Education Group (NYSE:TAL) Reaches New 1-Year Low – What’s Next?

Shares of TAL Education Group (NYSE:TAL) reached a new 52-week low during trading on Friday . The stock traded as low as $9.52 and last traded at $10.0290, with a volume of 435009 shares. The stock had previously closed at $10.07.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TAL shares. Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, TAL Education Group presently has an average rating of “Moderate Buy” and an average target price of $13.77.

TAL Education Group Stock Down 1.4%

The stock has a market cap of $6.04 billion, a PE ratio of 10.67, a price-to-earnings-growth ratio of 0.89 and a beta of 0.10. The firm has a 50 day moving average price of $11.23 and a 200 day moving average price of $11.24.

TAL Education Group (NYSE:TAL) last released its quarterly earnings data on Tuesday, April 14th. The company reported $1.35 earnings per share for the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. The company had revenue of $802.39 million during the quarter. Equities analysts forecast that TAL Education Group will post 0.86 earnings per share for the current year.

Insider Buying and Selling at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $10.86, for a total value of $868,800.00. Following the completion of the sale, the insider owned 45,144 shares of the company’s stock, valued at approximately $490,263.84. This represents a 63.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.81% of the company’s stock.

Hedge Funds Weigh In On TAL Education Group

A number of large investors have recently bought and sold shares of the business. Krane Funds Advisors LLC boosted its position in TAL Education Group by 25.5% during the 3rd quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock valued at $253,455,000 after acquiring an additional 4,684,426 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of TAL Education Group during the 4th quarter worth $213,329,000. Vanguard Group Inc. lifted its stake in shares of TAL Education Group by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 17,671,668 shares of the company’s stock worth $192,798,000 after purchasing an additional 277,473 shares during the last quarter. Bank of America Corp DE boosted its position in TAL Education Group by 14.3% during the second quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock valued at $143,701,000 after purchasing an additional 1,759,945 shares in the last quarter. Finally, CoreView Capital Management Ltd boosted its position in TAL Education Group by 56.9% during the third quarter. CoreView Capital Management Ltd now owns 10,997,165 shares of the company’s stock valued at $123,168,000 after purchasing an additional 3,990,000 shares in the last quarter. 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.