TAL Education Group (NYSE:TAL) Receives $14.80 Consensus PT from Brokerages

TAL Education Group (NYSE:TAL - Get Free Report) has been given a consensus recommendation of "Buy" by the three research firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have covered the stock in the last year is $14.80.

Separately, StockNews.com upgraded TAL Education Group from a "sell" rating to a "hold" rating in a report on Monday, October 28th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in TAL Education Group by 2,309.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,758,735 shares of the company's stock worth $174,743,000 after purchasing an additional 14,146,152 shares in the last quarter. FMR LLC grew its position in shares of TAL Education Group by 82,138.4% in the 3rd quarter. FMR LLC now owns 7,224,647 shares of the company's stock worth $85,540,000 after buying an additional 7,215,862 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of TAL Education Group by 108.8% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,790,900 shares of the company's stock worth $104,084,000 after acquiring an additional 4,581,100 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in TAL Education Group during the second quarter valued at approximately $35,429,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in TAL Education Group in the third quarter valued at approximately $25,545,000. 37.79% of the stock is owned by institutional investors.

TAL Education Group Price Performance

TAL stock traded down $0.17 during mid-day trading on Friday, reaching $9.77. The company had a trading volume of 1,302,429 shares, compared to its average volume of 6,909,773. The company has a market capitalization of $5.91 billion, a PE ratio of 88.82 and a beta of 0.01. The firm has a 50 day moving average of $10.36 and a 200 day moving average of $9.94. TAL Education Group has a 12 month low of $7.34 and a 12 month high of $15.52.

TAL Education Group (NYSE:TAL - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. TAL Education Group had a return on equity of 1.97% and a net margin of 3.94%. The company had revenue of $619.36 million for the quarter, compared to analysts' expectations of $609.51 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. Analysts anticipate that TAL Education Group will post 0.17 EPS for the current year.

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.