TAL Education Group (NYSE:TAL) Given Average Recommendation of "Buy" by Analysts

TAL Education Group (NYSE:TAL - Get Free Report) has received an average recommendation of "Buy" from the four brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have covered the stock in the last year is $14.80.

A number of brokerages have weighed in on TAL. StockNews.com upgraded TAL Education Group from a "sell" rating to a "hold" rating in a research note on Monday, October 28th. Citigroup decreased their price target on shares of TAL Education Group from $21.30 to $13.40 and set a "buy" rating for the company in a research report on Monday, August 5th.

TAL Education Group Stock Down 4.1 %

Shares of TAL traded down $0.48 during mid-day trading on Friday, reaching $11.19. 5,965,812 shares of the stock traded hands, compared to its average volume of 7,014,594. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 106.14 and a beta of 0.04. The stock has a fifty day simple moving average of $9.78 and a 200 day simple moving average of $10.49. 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 issued its quarterly earnings data on Thursday, October 24th. The company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.03. The firm had revenue of $619.36 million for the quarter, compared to analyst estimates of $609.51 million. TAL Education Group had a net margin of 3.94% and a return on equity of 1.97%. During the same quarter in the previous year, the business posted $0.06 EPS. On average, equities research analysts expect that TAL Education Group will post 0.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TAL. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in TAL Education Group by 16.3% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 267,204 shares of the company's stock worth $3,033,000 after buying an additional 37,446 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of TAL Education Group in the first quarter worth $249,000. Acadian Asset Management LLC grew its stake in shares of TAL Education Group by 40.6% in the first quarter. Acadian Asset Management LLC now owns 4,109,277 shares of the company's stock worth $46,617,000 after purchasing an additional 1,187,364 shares in the last quarter. Seven Eight Capital LP raised its stake in shares of TAL Education Group by 18.2% during the first quarter. Seven Eight Capital LP now owns 273,949 shares of the company's stock valued at $3,109,000 after purchasing an additional 42,126 shares in the last quarter. Finally, Swiss National Bank raised its stake in shares of TAL Education Group by 3.2% during the first quarter. Swiss National Bank now owns 990,519 shares of the company's stock valued at $11,242,000 after purchasing an additional 30,400 shares in the last quarter. 37.79% of the stock is currently owned by 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.