TAL Education Group (NYSE:TAL) was the target of unusually large options trading activity on Tuesday. Traders purchased 13,823 put options on the stock. This is an increase of 320% compared to the average daily volume of 3,291 put options.

TAL has been the subject of several recent analyst reports. Deutsche Bank initiated coverage on shares of TAL Education Group in a report on Friday, February 28th. They set a “buy” rating and a $68.00 price objective for the company. Macquarie raised shares of TAL Education Group from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $40.00 to $56.60 in a report on Wednesday, January 8th. Bank of America raised shares of TAL Education Group from a “neutral” rating to a “buy” rating in a report on Monday, March 2nd. ValuEngine raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Zacks Investment Research downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Tuesday, March 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $55.88.

Large investors have recently added to or reduced their stakes in the stock. NEXT Financial Group Inc acquired a new position in shares of TAL Education Group in the 4th quarter valued at $32,000. CWM LLC acquired a new position in shares of TAL Education Group in the 4th quarter valued at $39,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of TAL Education Group in the 4th quarter valued at $39,000. Executive Wealth Management LLC acquired a new position in shares of TAL Education Group in the 3rd quarter valued at $85,000. Finally, Signaturefd LLC raised its stake in shares of TAL Education Group by 31.1% in the 4th quarter. Signaturefd LLC now owns 2,228 shares of the company’s stock valued at $107,000 after buying an additional 529 shares in the last quarter. Hedge funds and other institutional investors own 62.10% of the company’s stock.

NYSE:TAL opened at $55.61 on Thursday. The stock has a market cap of $26.64 billion, a P/E ratio of 292.70, a PEG ratio of 1.86 and a beta of 0.27. TAL Education Group has a one year low of $30.78 and a one year high of $59.76. The company has a fifty day moving average price of $55.25 and a 200 day moving average price of $46.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.37 and a quick ratio of 1.36.

TAL Education Group (NYSE:TAL) last released its earnings results on Tuesday, January 21st. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.12). The company had revenue of $862.40 million for the quarter, compared to analyst estimates of $841.80 million. TAL Education Group had a net margin of 3.29% and a return on equity of 4.12%. TAL Education Group’s revenue for the quarter was up 47.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.24 earnings per share. As a group, equities research analysts anticipate that TAL Education Group will post 0.5 EPS 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.

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