Analysts Set TAL Education Group (NYSE:TAL) PT at $13.77

Shares of TAL Education Group (NYSE:TAL) have been given a consensus rating of “Moderate Buy” by the four analysts that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $13.77.

A number of research analysts have recently issued reports on TAL shares. Weiss Ratings upgraded shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Finally, Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th.

TAL Education Group Stock Performance

Shares of NYSE TAL opened at $9.26 on Wednesday. The company has a market capitalization of $5.64 billion, a P/E ratio of 9.95, a price-to-earnings-growth ratio of 0.79 and a beta of 0.05. TAL Education Group has a 52-week low of $9.07 and a 52-week high of $13.37. The company’s 50 day moving average price is $10.74 and its 200-day moving average price is $11.04.

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

Insider Activity

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $10.86, for a total transaction of $868,800.00. Following the transaction, the insider owned 45,144 shares in the company, valued at $490,263.84. The trade was a 63.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.81% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of TAL. CoreView Capital Management Ltd increased its stake in TAL Education Group by 56.9% during the 3rd quarter. CoreView Capital Management Ltd now owns 10,997,165 shares of the company’s stock valued at $123,168,000 after purchasing an additional 3,990,000 shares in the last quarter. Serenity Capital Management PTE. LTD. increased its stake in TAL Education Group by 16,237.0% during the 3rd quarter. Serenity Capital Management PTE. LTD. now owns 4,730,377 shares of the company’s stock valued at $52,980,000 after purchasing an additional 4,701,422 shares in the last quarter. Rhumbline Advisers increased its stake in TAL Education Group by 8.6% during the 3rd quarter. Rhumbline Advisers now owns 50,958 shares of the company’s stock valued at $571,000 after purchasing an additional 4,051 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in TAL Education Group by 8.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 15,185 shares of the company’s stock valued at $170,000 after purchasing an additional 1,202 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in TAL Education Group by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 17,394,195 shares of the company’s stock valued at $194,815,000 after purchasing an additional 71,937 shares in the last quarter. Institutional investors and hedge funds 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.