TAL Education Group (NYSE:TAL) Given Consensus Recommendation of “Buy” by Analysts

TAL Education Group (NYSE:TAL) has earned a consensus rating of “Buy” from the three ratings firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have covered the stock in the last year is $14.80.

Separately, StockNews.com upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a report on Monday, October 28th.

TAL Education Group Trading Up 3.7 %

TAL opened at $10.02 on Friday. TAL Education Group has a 12-month low of $7.34 and a 12-month high of $15.52. The company’s 50 day moving average is $10.30 and its 200 day moving average is $9.91. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 91.09 and a beta of 0.01.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $619.36 million during the quarter, compared to the consensus estimate of $609.51 million. TAL Education Group had a return on equity of 1.97% and a net margin of 3.94%. During the same period in the previous year, the company posted $0.06 EPS. As a group, analysts predict that TAL Education Group will post 0.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TAL. EverSource Wealth Advisors LLC boosted its stake in TAL Education Group by 93.8% during the second quarter. EverSource Wealth Advisors LLC now owns 4,517 shares of the company’s stock worth $45,000 after buying an additional 2,186 shares during the period. Point72 DIFC Ltd purchased a new position in shares of TAL Education Group during the 3rd quarter worth about $48,000. Blue Trust Inc. boosted its stake in shares of TAL Education Group by 134.2% during the 3rd quarter. Blue Trust Inc. now owns 7,685 shares of the company’s stock worth $91,000 after purchasing an additional 4,403 shares during the period. DRW Securities LLC bought a new position in TAL Education Group during the 3rd quarter valued at about $128,000. Finally, Point72 Asia Singapore Pte. Ltd. raised its position in TAL Education Group by 1,298,400.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 12,985 shares of the company’s stock worth $154,000 after purchasing an additional 12,984 shares during the period. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.