TAL Education Group (NYSE:TAL) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

TAL Education Group (NYSE:TAL) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.83 and traded as high as $11.85. TAL Education Group shares last traded at $11.66, with a volume of 2,689,272 shares changing hands.

Analysts Set New Price Targets

TAL has been the topic of a number of research reports. Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Jefferies Financial Group initiated coverage on TAL Education Group in a research note on Friday, July 31st. They set a “hold” rating for the company. Weiss Ratings lowered shares of TAL Education Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Finally, New Street Research set a $13.60 price target on TAL Education Group in a research note on Friday, July 31st. 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $14.80.

TAL Education Group Trading Up 3.1%

The stock has a fifty day simple moving average of $10.49 and a 200-day simple moving average of $10.84. The company has a market capitalization of $6.67 billion, a PE ratio of 7.48, a P/E/G ratio of 0.80 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.29 by $0.46. The firm had revenue of $758.38 million for the quarter, compared to analyst estimates of $719.40 million. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. As a group, equities research analysts predict that TAL Education Group will post 1.06 EPS for the current year.

Insider Activity at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $12.28, for a total transaction of $368,400.00. Following the completion of the sale, the insider owned 15,144 shares in the company, valued at $185,968.32. This represents a 66.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.81% of the stock is owned by company insiders.

Hedge Funds Weigh In On TAL Education Group

Several institutional investors have recently bought and sold shares of TAL. Quarry LP acquired a new stake in shares of TAL Education Group in the 3rd quarter worth $42,000. DV Equities LLC acquired a new position in shares of TAL Education Group during the fourth quarter worth about $49,000. Cassaday & Co Wealth Management LLC purchased a new position in TAL Education Group during the first quarter worth about $50,000. Daiwa Securities Group Inc. raised its holdings in TAL Education Group by 194.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock worth $63,000 after purchasing an additional 3,800 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in TAL Education Group in the first quarter valued at about $109,000. 37.79% of the stock is owned by institutional investors and hedge funds.

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.