TAL Education Group (NYSE:TAL) Upgraded at ValuEngine

TAL Education Group (NYSE:TAL) was upgraded by equities research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a note issued to investors on Wednesday, ValuEngine reports.

Several other equities analysts have also commented on the stock. Bank of America lowered shares of TAL Education Group from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. Tigress Financial reiterated a “buy” rating on shares of TAL Education Group in a research report on Tuesday, July 2nd. Finally, Zacks Investment Research upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Thursday, September 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.38.

TAL stock traded up $1.31 during trading on Wednesday, hitting $37.70. 2,797,481 shares of the company’s stock traded hands, compared to its average volume of 3,410,206. TAL Education Group has a 52 week low of $21.08 and a 52 week high of $39.66. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.27 and a current ratio of 1.27. The business has a fifty day simple moving average of $34.81 and a 200 day simple moving average of $35.49. The stock has a market capitalization of $21.37 billion, a price-to-earnings ratio of 61.80 and a beta of 0.20.

TAL Education Group (NYSE:TAL) last released its quarterly earnings data on Thursday, July 25th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.04). TAL Education Group had a net margin of 10.80% and a return on equity of 13.33%. The business had revenue of $702.80 million for the quarter, compared to the consensus estimate of $717.09 million. During the same quarter last year, the business earned $0.14 EPS. TAL Education Group’s revenue for the quarter was up 27.6% compared to the same quarter last year. Research analysts forecast that TAL Education Group will post 0.59 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Point72 Asset Management L.P. bought a new stake in shares of TAL Education Group in the 2nd quarter worth about $65,000. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of TAL Education Group by 141.0% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,928 shares of the company’s stock worth $75,000 after acquiring an additional 1,128 shares during the last quarter. Westwood Holdings Group Inc. bought a new stake in shares of TAL Education Group in the 2nd quarter worth about $136,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of TAL Education Group in the 1st quarter worth about $206,000. Finally, Advisor Group Inc. lifted its holdings in shares of TAL Education Group by 98.3% in the 2nd quarter. Advisor Group Inc. now owns 5,619 shares of the company’s stock worth $214,000 after acquiring an additional 2,786 shares during the last quarter. Hedge funds and other institutional investors own 58.95% of the company’s stock.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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