TAL Education Group (NYSE:TAL)’s share price gapped up before the market opened on Friday . The stock had previously closed at $25.12, but opened at $26.04. TAL Education Group shares last traded at $26.98, with a volume of 10211680 shares trading hands.

TAL has been the topic of several recent research reports. Zacks Investment Research lowered TAL Education Group from a “hold” rating to a “sell” rating in a report on Thursday, July 12th. ValuEngine lowered TAL Education Group from a “sell” rating to a “strong sell” rating in a report on Friday, September 7th. JPMorgan Chase & Co. raised their target price on TAL Education Group from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, May 29th. Citigroup lowered TAL Education Group from a “buy” rating to a “neutral” rating in a report on Thursday, September 13th. Finally, Morgan Stanley lowered TAL Education Group from an “overweight” rating to an “equal weight” rating in a report on Friday, June 29th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $45.26.

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $13.19 billion, a P/E ratio of 79.35 and a beta of 0.09.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, July 26th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $550.60 million for the quarter, compared to analyst estimates of $511.45 million. TAL Education Group had a return on equity of 17.68% and a net margin of 12.16%. The firm’s revenue for the quarter was up 71.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 earnings per share. equities analysts expect that TAL Education Group will post 0.52 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. British Airways Pensions Investment Management Ltd bought a new position in shares of TAL Education Group in the second quarter worth about $2,906,000. Atria Investments LLC increased its stake in shares of TAL Education Group by 19.2% in the second quarter. Atria Investments LLC now owns 16,984 shares of the company’s stock worth $625,000 after purchasing an additional 2,741 shares during the period. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of TAL Education Group by 51.9% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 12,300 shares of the company’s stock worth $453,000 after purchasing an additional 4,200 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of TAL Education Group in the second quarter worth about $40,744,000. Finally, Parametrica Management Ltd bought a new position in TAL Education Group during the second quarter valued at about $549,000. Institutional investors and hedge funds own 60.24% of the company’s stock.

TAL Education Group Company Profile (NYSE:TAL)

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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