Brokerages Set TAL Education Group (NYSE:TAL) PT at $14.40

TAL Education Group (NYSE:TAL - Get Free Report) has received an average recommendation of "Moderate Buy" from the five research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $13.70.

Several equities analysts have commented on the stock. UBS Group raised their target price on shares of TAL Education Group from $16.40 to $17.20 and gave the company a "buy" rating in a report on Friday, January 24th. JPMorgan Chase & Co. lowered shares of TAL Education Group from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $16.00 to $11.00 in a research report on Thursday. StockNews.com upgraded shares of TAL Education Group from a "sell" rating to a "hold" rating in a research report on Friday, January 24th. Finally, Macquarie cut TAL Education Group from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $14.50 to $10.90 in a research note on Thursday.

TAL Education Group Price Performance

NYSE:TAL remained flat at $9.16 during trading hours on Friday. The company had a trading volume of 12,270,952 shares, compared to its average volume of 7,290,943. The firm has a fifty day moving average of $12.23 and a 200 day moving average of $11.29. TAL Education Group has a 1-year low of $7.35 and a 1-year high of $15.30. The firm has a market capitalization of $5.54 billion, a P/E ratio of 48.21 and a beta of 0.03.

TAL Education Group (NYSE:TAL - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.06). The company had revenue of $610.24 million for the quarter, compared to analyst estimates of $639.89 million. TAL Education Group had a return on equity of 3.22% and a net margin of 5.77%. During the same period last year, the company posted $0.08 earnings per share. On average, equities research analysts forecast that TAL Education Group will post 0.2 EPS for the current year.

Hedge Funds Weigh In On TAL Education Group

Institutional investors have recently added to or reduced their stakes in the stock. TT International Asset Management LTD boosted its position in TAL Education Group by 12.9% in the fourth quarter. TT International Asset Management LTD now owns 4,896,911 shares of the company's stock valued at $49,067,000 after buying an additional 559,110 shares in the last quarter. Perpetual Ltd lifted its stake in shares of TAL Education Group by 4.1% in the 4th quarter. Perpetual Ltd now owns 130,320 shares of the company's stock valued at $1,306,000 after acquiring an additional 5,157 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of TAL Education Group by 28.1% in the 4th quarter. Blue Trust Inc. now owns 9,843 shares of the company's stock valued at $99,000 after acquiring an additional 2,158 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of TAL Education Group by 26.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 181,176 shares of the company's stock worth $1,815,000 after purchasing an additional 37,814 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. acquired a new position in shares of TAL Education Group in the fourth quarter valued at approximately $952,000. 37.79% of the stock is currently owned by institutional investors and hedge funds.

About TAL Education Group

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.