Favorable Press Coverage Somewhat Unlikely to Affect TAL Education Group (TAL) Stock Price
News stories about TAL Education Group (NYSE:TAL) have been trending positive on Sunday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TAL Education Group earned a coverage optimism score of 0.40 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.8470235033726 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- TAL Education Group (TAL) versus K12 (LRN) Head-To-Head Contrast (americanbankingnews.com)
- Analyst’s Viewpoint About Starbucks Corporation (SBUX), TAL Education Group (TAL) – Newburgh Gazette (newburghgazette.com)
- TAL Education Group (TAL) has a value of $32.04 per share While Dick’s Sporting Goods, Inc. (DKS) is stand at $27.10 – Stocks Gallery (stocksgallery.com)
- Analyzing K12 (LRN) and TAL Education Group (TAL) (americanbankingnews.com)
TAL Education Group (TAL) opened at 32.36 on Friday. The company has a 50-day moving average price of $29.40 and a 200-day moving average price of $21.92. TAL Education Group has a 12-month low of $11.02 and a 12-month high of $34.19. The stock has a market capitalization of $15.99 billion, a price-to-earnings ratio of 133.17 and a beta of 0.26.
TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. TAL Education Group had a net margin of 11.14% and a return on equity of 19.47%. The firm had revenue of $321.90 million during the quarter, compared to analysts’ expectations of $306.46 million. TAL Education Group’s revenue for the quarter was up 65.0% on a year-over-year basis. On average, equities research analysts forecast that TAL Education Group will post $0.33 earnings per share for the current year.
Several research analysts recently weighed in on TAL shares. Jefferies Group LLC reiterated a “buy” rating and issued a $29.33 price objective on shares of TAL Education Group in a research report on Monday, July 31st. Morgan Stanley started coverage on TAL Education Group in a research report on Friday, August 25th. They issued an “overweight” rating and a $37.00 price objective for the company. Zacks Investment Research lowered TAL Education Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th. UBS AG started coverage on TAL Education Group in a research report on Tuesday, August 1st. They issued a “buy” rating for the company. Finally, J P Morgan Chase & Co increased their price objective on TAL Education Group to $31.67 and gave the stock an “overweight” rating in a research report on Thursday, July 27th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. TAL Education Group presently has an average rating of “Buy” and an average target price of $25.76.
About TAL Education Group
TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.
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