Zacks Research Downgrades TAL Education Group (NYSE:TAL) to Hold

TAL Education Group (NYSE:TAL) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities research analysts have also commented on TAL. Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Weiss Ratings raised TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, TAL Education Group has a consensus rating of “Hold” and a consensus target price of $13.77.

TAL Education Group Trading Down 2.7%

TAL stock opened at $9.19 on Tuesday. The company has a market cap of $5.59 billion, a P/E ratio of 9.88, a P/E/G ratio of 0.81 and a beta of 0.04. TAL Education Group has a 52 week low of $8.93 and a 52 week high of $13.37. The company’s 50-day moving average price is $10.43 and its 200 day moving average price is $10.94.

TAL Education Group (NYSE:TAL) last issued its earnings results on Tuesday, April 14th. The company reported $1.35 earnings per share for the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. The company had revenue of $802.39 million for the quarter. On average, equities research analysts expect that TAL Education Group will post 0.86 earnings per share for the current year.

Insider Buying and Selling

In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $10.86, for a total transaction of $868,800.00. Following the completion of the transaction, the insider directly owned 45,144 shares in the company, valued at approximately $490,263.84. This trade represents a 63.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.81% of the company’s stock.

Institutional Trading of TAL Education Group

Several institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC acquired a new stake in shares of TAL Education Group in the first quarter valued at approximately $258,000. State Street Corp raised its position in shares of TAL Education Group by 2.2% during the 2nd quarter. State Street Corp now owns 7,536,671 shares of the company’s stock worth $77,025,000 after purchasing an additional 165,662 shares during the last quarter. AXA S.A. acquired a new position in shares of TAL Education Group during the 2nd quarter worth approximately $284,000. Quantinno Capital Management LP lifted its stake in TAL Education Group by 43.1% in the 2nd quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock valued at $365,000 after buying an additional 10,775 shares in the last quarter. Finally, California State Teachers Retirement System lifted its stake in TAL Education Group by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock valued at $2,733,000 after buying an additional 2,275 shares in the last quarter. Hedge funds and other institutional investors own 37.79% of the company’s stock.

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.