TAL Education Group (NYSE:TAL) Receives $14.80 Average PT from Brokerages

Shares of TAL Education Group (NYSE:TAL) have earned a consensus rating of “Moderate Buy” from the four brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $14.80.

A number of analysts have commented on TAL shares. Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Jefferies Financial Group initiated coverage on shares of TAL Education Group in a report on Friday, July 31st. They issued a “hold” rating for the company. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. New Street Research set a $13.60 target price on TAL Education Group in a report on Friday, July 31st. Finally, Weiss Ratings downgraded TAL Education Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 17th.

Insider Activity

In other news, insider Alex Zhuangzhuang Peng sold 30,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $12.28, for a total value of $368,400.00. Following the sale, the insider owned 15,144 shares of the company’s stock, valued at approximately $185,968.32. The trade was a 66.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.81% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TAL. AQR Capital Management LLC acquired a new stake in TAL Education Group in the 1st quarter valued at about $258,000. State Street Corp grew its stake in shares of TAL Education Group by 2.2% in 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 in the 2nd quarter worth approximately $284,000. Quantinno Capital Management LP grew its stake in shares of TAL Education Group by 43.1% in the 2nd quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock worth $365,000 after purchasing an additional 10,775 shares during the last quarter. Finally, California State Teachers Retirement System raised its holdings in shares of 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 worth $2,733,000 after purchasing an additional 2,275 shares in the last quarter. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Stock Performance

Shares of TAL opened at $11.72 on Tuesday. TAL Education Group has a one year low of $8.88 and a one year high of $13.37. The stock’s fifty day moving average is $10.92 and its 200-day moving average is $10.81. The firm has a market capitalization of $6.49 billion, a price-to-earnings ratio of 7.28, a price-to-earnings-growth ratio of 0.82 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.46. The business had revenue of $758.38 million during the quarter, compared to the consensus estimate of $719.40 million. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. Analysts forecast that TAL Education Group will post 1.06 EPS for the current fiscal year.

TAL Education Group Company Profile

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.