TAL Education Group (NYSE:TAL) Receives Consensus Rating of “Buy” from Analysts

TAL Education Group (NYSE:TAL) has earned a consensus rating of “Buy” from the five ratings firms that are presently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating. The average 12-month price target among brokers that have covered the stock in the last year is $13.28.

Several analysts recently commented on TAL shares. StockNews.com raised TAL Education Group from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. HSBC began coverage on TAL Education Group in a report on Wednesday, May 29th. They issued a “buy” rating and a $16.00 price target for the company.

TAL Education Group Price Performance

Shares of TAL stock opened at $10.46 on Friday. The stock has a 50-day moving average of $11.58 and a 200-day moving average of $12.04. TAL Education Group has a one year low of $5.99 and a one year high of $15.52. The stock has a market cap of $6.33 billion, a PE ratio of -1,044.96 and a beta of 0.01.

TAL Education Group (NYSE:TAL) last issued its earnings results on Thursday, April 25th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.10. The firm had revenue of $429.56 million during the quarter, compared to the consensus estimate of $389.03 million. TAL Education Group had a negative net margin of 0.24% and a negative return on equity of 0.10%. As a group, research analysts anticipate that TAL Education Group will post 0.06 earnings per share for the current year.

Institutional Investors Weigh In On TAL Education Group

Several institutional investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC grew its holdings in shares of TAL Education Group by 50.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after buying an additional 1,191 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in TAL Education Group by 1,375.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,331 shares of the company’s stock valued at $28,000 after acquiring an additional 2,173 shares in the last quarter. California State Teachers Retirement System boosted its position in 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 worth $1,117,000 after acquiring an additional 2,315 shares during the last quarter. Edmond DE Rothschild Holding S.A. grew its stake in shares of TAL Education Group by 0.8% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 369,300 shares of the company’s stock worth $4,192,000 after acquiring an additional 2,800 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. acquired a new stake in shares of TAL Education Group in the first quarter valued at approximately $47,000. 37.79% of the stock is 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. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.