TAL Education Group (NYSE:TAL - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03, RTT News reports. The firm had revenue of $619.36 million for the quarter, compared to the consensus estimate of $609.51 million. TAL Education Group had a return on equity of 1.46% and a net margin of 3.24%. During the same quarter last year, the company earned $0.06 earnings per share.
TAL Education Group Stock Up 4.6 %
TAL stock traded up $0.48 during midday trading on Friday, hitting $10.98. The company's stock had a trading volume of 7,824,906 shares, compared to its average volume of 7,079,275. TAL Education Group has a 12 month low of $7.34 and a 12 month high of $15.52. The company has a 50 day moving average of $9.36 and a two-hundred day moving average of $10.51. The firm has a market capitalization of $6.64 billion, a price-to-earnings ratio of 137.27 and a beta of 0.04.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on TAL shares. StockNews.com cut shares of TAL Education Group from a "hold" rating to a "sell" rating in a research note on Monday, October 14th. Citigroup decreased their price objective on shares of TAL Education Group from $21.30 to $13.40 and set a "buy" rating on the stock in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $13.73.
Get Our Latest Analysis on TAL Education Group
TAL Education Group Company Profile
(
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TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.
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