TAL Education Group (NYSE:TAL) Receives $16.00 Consensus PT from Analysts

Shares of TAL Education Group (NYSE:TAL) have received an average recommendation of “Hold” from the four ratings firms that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $14.80.

A number of equities analysts have commented on TAL shares. Zacks Research lowered TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Jefferies Financial Group assumed coverage on TAL Education Group in a research report on Friday, July 31st. They set a “hold” rating for the company. Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. New Street Research set a $13.60 price target on TAL Education Group in a research report on Friday, July 31st. Finally, Weiss Ratings raised TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st.

Insider Buying and Selling

In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $12.28, for a total value of $368,400.00. Following the transaction, the insider directly owned 15,144 shares of the company’s stock, valued at $185,968.32. This trade represents a 66.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.81% of the stock is currently owned by corporate insiders.

Institutional Trading of TAL Education Group

Several large investors have recently made changes to their positions in the company. Quarry LP acquired a new position in TAL Education Group during the third quarter valued at approximately $42,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of TAL Education Group in the 1st quarter valued at $50,000. DV Equities LLC acquired a new stake in shares of TAL Education Group in the 4th quarter valued at $49,000. Daiwa Securities Group Inc. increased its stake in shares of TAL Education Group by 194.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock valued at $63,000 after purchasing an additional 3,800 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of TAL Education Group in the 1st quarter valued at $109,000. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Trading Up 3.1%

Shares of TAL opened at $12.46 on Friday. TAL Education Group has a 12 month low of $8.88 and a 12 month high of $13.37. The firm’s 50 day moving average is $10.12 and its 200-day moving average is $10.78. The stock has a market capitalization of $6.91 billion, a PE ratio of 7.74, a P/E/G ratio of 1.03 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.46. The business had revenue of $758.38 million during the quarter, compared to analysts’ expectations of $719.40 million. TAL Education Group had a return on equity of 24.55% and a net margin of 28.43%. Equities research analysts predict that TAL Education Group will post 0.86 earnings per share for the current fiscal year.

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.