TAL Education Group (NYSE:TAL) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 27,922,859 shares, a growth of 30.4% from the January 15th total of 21,417,911 shares. Based on an average daily trading volume, of 5,804,893 shares, the days-to-cover ratio is presently 4.8 days.

A number of research firms have issued reports on TAL. ValuEngine upgraded TAL Education Group from a “sell” rating to a “hold” rating in a research note on Tuesday, February 5th. Citigroup upgraded TAL Education Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 9th. Zacks Investment Research upgraded TAL Education Group from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Tuesday, January 29th. Nomura cut their target price on TAL Education Group from $39.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, October 26th. Finally, TheStreet upgraded TAL Education Group from a “c+” rating to a “b-” rating in a research note on Friday, January 25th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. TAL Education Group currently has an average rating of “Buy” and an average price target of $41.20.

TAL stock opened at $33.29 on Thursday. The firm has a market capitalization of $18.31 billion, a price-to-earnings ratio of 97.91 and a beta of 0.06. TAL Education Group has a 1 year low of $21.08 and a 1 year high of $47.63.

TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, January 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.16. The company had revenue of $585.99 million for the quarter, compared to analysts’ expectations of $573.90 million. TAL Education Group had a return on equity of 18.88% and a net margin of 14.40%. The firm’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same period last year, the business posted $0.09 earnings per share. On average, equities research analysts anticipate that TAL Education Group will post 0.55 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of TAL. Morgan Stanley raised its stake in shares of TAL Education Group by 29.5% during the third quarter. Morgan Stanley now owns 42,394,504 shares of the company’s stock valued at $1,089,963,000 after purchasing an additional 9,662,071 shares in the last quarter. FMR LLC raised its stake in shares of TAL Education Group by 123.7% during the second quarter. FMR LLC now owns 8,831,042 shares of the company’s stock valued at $324,982,000 after purchasing an additional 4,882,800 shares in the last quarter. Discovery Value Fund bought a new stake in shares of TAL Education Group during the fourth quarter valued at about $56,212,000. Franklin Resources Inc. raised its stake in shares of TAL Education Group by 52.3% during the third quarter. Franklin Resources Inc. now owns 6,102,841 shares of the company’s stock valued at $156,903,000 after purchasing an additional 2,095,054 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of TAL Education Group during the third quarter valued at about $46,618,000. Institutional investors and hedge funds own 55.24% of the company’s stock.

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TAL Education Group Company Profile

TAL Education Group, through its subsidiaries, 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.

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