Wall Street brokerages expect that TAL Education Group (NYSE:TAL) will report $0.13 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for TAL Education Group’s earnings. TAL Education Group posted earnings of $0.12 per share in the same quarter last year, which would indicate a positive year over year growth rate of 8.3%. The business is scheduled to announce its next earnings results on Thursday, October 25th.

According to Zacks, analysts expect that TAL Education Group will report full year earnings of $0.61 per share for the current year, with EPS estimates ranging from $0.53 to $0.76. For the next financial year, analysts expect that the firm will post earnings of $1.03 per share, with EPS estimates ranging from $0.79 to $1.29. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow TAL Education Group.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, July 26th. The company reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.03. The company had revenue of $550.60 million during the quarter, compared to analysts’ expectations of $511.45 million. TAL Education Group had a return on equity of 17.68% and a net margin of 12.16%. The firm’s revenue for the quarter was up 71.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.43 EPS.

A number of research firms have recently commented on TAL. ValuEngine cut TAL Education Group from a “sell” rating to a “strong sell” rating in a research note on Friday, September 7th. Zacks Investment Research cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 12th. Morgan Stanley cut TAL Education Group from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 29th. JPMorgan Chase & Co. lifted their price objective on TAL Education Group from $60.00 to $65.00 and gave the company a “neutral” rating in a research note on Tuesday, May 29th. Finally, Citigroup cut TAL Education Group from a “buy” rating to a “neutral” rating in a research note on Thursday, September 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $45.26.

TAL opened at $26.98 on Friday. The company has a market capitalization of $13.19 billion, a PE ratio of 79.35 and a beta of 0.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.28 and a quick ratio of 1.28. TAL Education Group has a 52 week low of $24.86 and a 52 week high of $47.63.

Large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC increased its holdings in shares of TAL Education Group by 107.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock worth $169,000 after purchasing an additional 2,368 shares in the last quarter. Verition Fund Management LLC bought a new stake in shares of TAL Education Group in the 1st quarter worth $217,000. Natixis bought a new stake in shares of TAL Education Group in the 2nd quarter worth $224,000. Cigna Investments Inc. New bought a new stake in shares of TAL Education Group in the 1st quarter worth $228,000. Finally, EFG Asset Management Americas Corp. bought a new stake in shares of TAL Education Group in the 2nd quarter worth $230,000. Institutional investors and hedge funds own 60.24% of the company’s stock.

About TAL Education Group

TAL Education Group, through its subsidiaries, 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.

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