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
(
Get Free Report)
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.
Further Reading
Before you consider TAL Education Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TAL Education Group wasn't on the list.
While TAL Education Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
