TAL Education Group (NYSE:TAL) Receives Average Recommendation of “Hold” from Analysts

Shares of TAL Education Group (NYSE:TAL) have earned an average rating of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $31.97.

TAL has been the subject of several analyst reports. Macquarie downgraded shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, April 12th. Zacks Investment Research downgraded TAL Education Group from a “hold” rating to a “sell” rating in a report on Saturday, July 27th. Jefferies Financial Group cut TAL Education Group from a “buy” rating to a “hold” rating and lowered their target price for the company from $37.00 to $33.00 in a research note on Friday, April 26th. Tigress Financial reaffirmed a “buy” rating on shares of TAL Education Group in a research note on Tuesday, July 2nd. Finally, Daiwa Capital Markets raised TAL Education Group from a “neutral” rating to an “outperform” rating in a research note on Friday, April 26th.

A number of large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp increased its holdings in TAL Education Group by 2.7% in the fourth quarter. Bank of New York Mellon Corp now owns 634,671 shares of the company’s stock valued at $16,933,000 after buying an additional 16,393 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of TAL Education Group by 65.0% in the fourth quarter. Principal Financial Group Inc. now owns 46,867 shares of the company’s stock valued at $1,250,000 after purchasing an additional 18,460 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of TAL Education Group in the fourth quarter valued at about $631,000. Hancock Whitney Corp grew its position in shares of TAL Education Group by 8.0% in the fourth quarter. Hancock Whitney Corp now owns 14,886 shares of the company’s stock valued at $397,000 after purchasing an additional 1,097 shares during the period. Finally, Nordea Investment Management AB acquired a new stake in shares of TAL Education Group in the fourth quarter valued at about $2,272,000. 60.16% of the stock is currently owned by institutional investors.

Shares of TAL traded up $0.41 during midday trading on Tuesday, hitting $31.39. 2,810,922 shares of the stock traded hands, compared to its average volume of 3,670,563. TAL Education Group has a 1-year low of $21.08 and a 1-year high of $39.66. The company has a market capitalization of $17.62 billion, a price-to-earnings ratio of 51.46 and a beta of 0.29. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.27 and a quick ratio of 1.27. The company’s 50 day simple moving average is $36.05.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, July 25th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.04). TAL Education Group had a net margin of 10.80% and a return on equity of 13.33%. The firm had revenue of $702.80 million for the quarter, compared to analyst estimates of $717.09 million. During the same period last year, the firm posted $0.14 EPS. The business’s revenue was up 27.6% compared to the same quarter last year. As a group, equities analysts forecast that TAL Education Group will post 0.59 earnings per share for the current fiscal year.

About TAL Education Group

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

Further Reading: Golden Cross

Analyst Recommendations for TAL Education Group (NYSE:TAL)

Receive News & Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related companies with MarketBeat.com's FREE daily email newsletter.