TAL Education Group (NYSE:TAL) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $36.53 and traded as high as $44.37. TAL Education Group shares last traded at $44.31, with a volume of 87,029 shares changing hands.

A number of research firms have weighed in on TAL. Zacks Investment Research raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a report on Friday. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of TAL Education Group in a report on Thursday, October 17th. Goldman Sachs Group raised shares of TAL Education Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $38.00 to $50.00 in a report on Thursday, October 31st. Nomura raised shares of TAL Education Group from a “neutral” rating to a “buy” rating in a report on Friday, October 25th. Finally, ValuEngine cut shares of TAL Education Group from a “sell” rating to a “strong sell” rating in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $38.78.

The firm has a market cap of $25.03 billion, a PE ratio of 72.85 and a beta of 0.27. The business’s 50 day moving average price is $39.66 and its 200 day moving average price is $36.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.34 and a quick ratio of 1.33.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, October 24th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.17). The company had revenue of $936.60 million for the quarter, compared to analysts’ expectations of $915.82 million. TAL Education Group had a return on equity of 8.51% and a net margin of 6.83%. The firm’s revenue for the quarter was up 33.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 EPS. As a group, analysts predict that TAL Education Group will post 0.45 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in the company. Strategic Wealth Advisors Group LLC increased its stake in shares of TAL Education Group by 1.5% during the third quarter. Strategic Wealth Advisors Group LLC now owns 15,865 shares of the company’s stock worth $537,000 after purchasing an additional 242 shares in the last quarter. Natixis boosted its position in TAL Education Group by 4.7% during the second quarter. Natixis now owns 10,033 shares of the company’s stock worth $382,000 after acquiring an additional 451 shares during the last quarter. Wetherby Asset Management Inc. boosted its position in TAL Education Group by 3.1% during the second quarter. Wetherby Asset Management Inc. now owns 19,005 shares of the company’s stock worth $724,000 after acquiring an additional 577 shares during the last quarter. US Bancorp DE boosted its position in TAL Education Group by 2.5% during the second quarter. US Bancorp DE now owns 25,167 shares of the company’s stock worth $958,000 after acquiring an additional 623 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in TAL Education Group by 10.0% during the second quarter. Private Advisor Group LLC now owns 9,485 shares of the company’s stock worth $361,000 after acquiring an additional 861 shares during the last quarter. 58.93% of the stock is owned by institutional investors and hedge funds.

TAL Education Group Company Profile (NYSE:TAL)

TAL Education Group 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. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

Recommended Story: Bond

Receive News & Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related companies with MarketBeat.com's FREE daily email newsletter.