TAL Education Group (TAL) – What Are Researchers Saying About This Stock?

Shares of TAL Education Group (NYSE:TAL) have been given a consensus rating of “Buy” by the four research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $14.80.

A number of research analysts recently commented on TAL shares. Wall Street Zen cut TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings upgraded TAL Education Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Jefferies Financial Group started coverage on TAL Education Group in a research report on Friday, July 31st. They issued a “hold” rating on the stock. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, New Street Research set a $13.60 price target on TAL Education Group in a research note on Friday, July 31st.

Insider Activity

In related news, insider Alex Peng sold 30,000 shares of the firm’s stock in a transaction dated 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 directly owned 15,144 shares of the company’s stock, valued at approximately $185,968.32. This trade represents a 66.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.81% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of TAL. Farther Finance Advisors LLC grew its holdings in TAL Education Group by 53.9% in the third quarter. Farther Finance Advisors LLC now owns 2,396 shares of the company’s stock valued at $29,000 after purchasing an additional 839 shares during the last quarter. State of Wyoming increased its position in shares of TAL Education Group by 11.1% in the first quarter. State of Wyoming now owns 21,610 shares of the company’s stock valued at $246,000 after buying an additional 2,160 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of TAL Education Group by 13.1% in the first quarter. PNC Financial Services Group Inc. now owns 18,878 shares of the company’s stock valued at $215,000 after buying an additional 2,185 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of TAL Education Group by 6.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 58,334 shares of the company’s stock worth $663,000 after buying an additional 3,374 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new position in shares of TAL Education Group during the 1st quarter worth $50,000. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Price Performance

TAL Education Group stock opened at $12.64 on Wednesday. The firm has a 50 day simple moving average of $12.00 and a 200-day simple moving average of $11.05. TAL Education Group has a 1-year low of $8.88 and a 1-year high of $13.37. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 7.85, a price-to-earnings-growth ratio of 0.74 and a beta of 0.09.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.46. The business had revenue of $758.38 million during the quarter, compared to the consensus estimate of $719.40 million. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. Equities analysts expect that TAL Education Group will post 1.26 earnings per share for the current fiscal year.

About TAL Education Group

TAL Education Group is a Chinese education and learning services company that provides programs, products and services designed to support students and families. The company serves primarily school-age learners and has historically operated through a combination of physical learning centers, online platforms and technology-enabled educational offerings.

Founded in 2003 as Xueersi, TAL became a publicly traded company on the New York Stock Exchange in 2010. Its business has included academic and enrichment programs, educational content, learning applications, tutoring services and related technology products.