TAL Education Group (NYSE:TAL) Trading Up 5.6%

TAL Education Group (NYSE:TAL - Get Free Report) rose 5.6% during trading on Friday . The company traded as high as $10.98 and last traded at $10.86. Approximately 3,360,169 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 6,560,403 shares. The stock had previously closed at $10.28.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TAL. StockNews.com raised shares of TAL Education Group from a "sell" rating to a "hold" rating in a report on Monday, August 5th. Citigroup cut their price target on shares of TAL Education Group from $21.30 to $13.40 and set a "buy" rating on the stock in a report on Monday, August 5th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $13.30.

TAL Education Group Trading Up 5.1 %

The company has a market capitalization of $6.53 billion, a PE ratio of -1,069.00 and a beta of 0.02. The stock's fifty day moving average is $8.77 and its two-hundred day moving average is $10.63.

TAL Education Group (NYSE:TAL - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.08. TAL Education Group had a net margin of 3.24% and a return on equity of 1.46%. The firm had revenue of $414.19 million for the quarter, compared to analysts' expectations of $392.39 million. During the same period in the previous year, the company earned ($0.07) earnings per share. As a group, analysts anticipate that TAL Education Group will post 0.1 EPS for the current fiscal year.

Institutional Trading of TAL Education Group

A number of large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in shares of TAL Education Group by 1,375.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,331 shares of the company's stock worth $28,000 after acquiring an additional 2,173 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of TAL Education Group by 2.4% during the 1st quarter. California State Teachers Retirement System now owns 98,417 shares of the company's stock valued at $1,117,000 after purchasing an additional 2,315 shares during the period. Public Sector Pension Investment Board lifted its holdings in TAL Education Group by 1.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 149,682 shares of the company's stock worth $1,597,000 after purchasing an additional 2,400 shares in the last quarter. Blue Trust Inc. boosted its stake in TAL Education Group by 569.8% in the 2nd quarter. Blue Trust Inc. now owns 3,282 shares of the company's stock worth $37,000 after purchasing an additional 2,792 shares during the period. Finally, Edmond DE Rothschild Holding S.A. boosted its stake in TAL Education Group by 0.8% in the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 369,300 shares of the company's stock worth $4,192,000 after purchasing an additional 2,800 shares during the period. 37.79% of the stock is owned by hedge funds and other institutional investors.

TAL Education Group Company Profile

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.