Shares of TAL Education Group (NYSE:TAL) have received a consensus recommendation of “Hold” from the ten ratings firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $41.48.

Several brokerages have recently issued reports on TAL. ValuEngine cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, May 10th. Zacks Investment Research cut shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 1st. Daiwa Capital Markets upgraded shares of TAL Education Group from a “neutral” rating to an “outperform” rating in a report on Friday, April 26th. Jefferies Financial Group cut shares of TAL Education Group from a “buy” rating to a “hold” rating and lowered their target price for the company from $37.00 to $33.00 in a report on Friday, April 26th. Finally, Macquarie cut shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, April 12th.

Hedge funds have recently added to or reduced their stakes in the stock. Commonwealth Bank of Australia raised its position in TAL Education Group by 66.7% in the 4th quarter. Commonwealth Bank of Australia now owns 1,000 shares of the company’s stock valued at $26,000 after purchasing an additional 400 shares during the last quarter. Nkcfo LLC purchased a new stake in TAL Education Group in the 1st quarter valued at $29,000. Bremer Trust National Association purchased a new stake in TAL Education Group in the 4th quarter valued at $33,000. Trustcore Financial Services LLC purchased a new stake in TAL Education Group in the 1st quarter valued at $42,000. Finally, Lavaca Capital LLC purchased a new stake in TAL Education Group in the 4th quarter valued at $58,000. Hedge funds and other institutional investors own 58.71% of the company’s stock.

Shares of TAL Education Group stock traded down $0.65 during trading hours on Thursday, hitting $35.25. The company had a trading volume of 2,372,393 shares, compared to its average volume of 3,645,879. TAL Education Group has a twelve month low of $21.08 and a twelve month high of $47.63. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 57.79 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last issued its earnings results on Thursday, April 25th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.06. TAL Education Group had a net margin of 14.33% and a return on equity of 18.28%. The business had revenue of $726.60 million during the quarter, compared to analysts’ expectations of $685.64 million. During the same quarter in the prior year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 44.1% on a year-over-year basis. Analysts expect that TAL Education Group will post 0.7 earnings per share for the current year.

About TAL Education Group

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.

See Also: Bollinger Bands

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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.