TAL Education Group (NYSE:TAL) Stock Rating Upgraded by Wall Street Zen

by · The Cerbat Gem

TAL Education Group (NYSE:TAL – Get Free Report) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

TAL has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 15th. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price objective for the company in a research report on Thursday, October 30th. Finally, Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, TAL Education Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.91.

Get Our Latest Analysis on TAL Education Group

TAL Education Group Stock Performance

Shares of NYSE:TAL opened at $10.82 on Friday. TAL Education Group has a one year low of $8.50 and a one year high of $15.30. The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 37.29, a PEG ratio of 0.67 and a beta of 0.06. The company has a 50-day simple moving average of $11.46 and a 200-day simple moving average of $10.99.

TAL Education Group (NYSE:TAL – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.05. TAL Education Group had a return on equity of 4.71% and a net margin of 6.45%.The firm had revenue of $861.35 million for the quarter, compared to analysts’ expectations of $819.03 million. As a group, research analysts forecast that TAL Education Group will post 0.2 EPS for the current fiscal year.

Hedge Funds Weigh In On TAL Education Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Korea Investment CORP increased its holdings in TAL Education Group by 13.2% during the 3rd quarter. Korea Investment CORP now owns 185,511 shares of the company’s stock valued at $2,078,000 after acquiring an additional 21,700 shares in the last quarter. Barclays PLC grew its position in shares of TAL Education Group by 0.7% in the third quarter. Barclays PLC now owns 432,344 shares of the company’s stock valued at $4,842,000 after purchasing an additional 2,938 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of TAL Education Group by 12.2% in the third quarter. Envestnet Asset Management Inc. now owns 17,614 shares of the company’s stock valued at $197,000 after purchasing an additional 1,913 shares during the last quarter. Nomura Holdings Inc. increased its stake in shares of TAL Education Group by 102.8% during the 2nd quarter. Nomura Holdings Inc. now owns 215,568 shares of the company’s stock worth $2,203,000 after purchasing an additional 109,258 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its position in shares of TAL Education Group by 1.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 157,482 shares of the company’s stock worth $1,609,000 after purchasing an additional 1,600 shares during the last quarter. 37.79% of the stock is owned by institutional investors and hedge funds.

About TAL Education Group

(Get Free Report)

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.

Further Reading