TAL Education Group (NYSE:TAL) Cut to “Hold” at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen cut shares of TAL Education Group (NYSE:TAL – Free Report) from a buy rating to a hold rating in a report released on Sunday.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a research note on Tuesday, November 25th. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a report on Thursday, October 30th. Finally, Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $13.91.

Read Our Latest Stock Report on TAL Education Group

TAL Education Group Trading Up 0.3%

NYSE:TAL opened at $11.16 on Friday. TAL Education Group has a 1-year low of $8.50 and a 1-year high of $15.30. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 0.69 and a beta of 0.06. The business’s 50-day moving average price is $11.42 and its two-hundred day moving average price is $10.94.

TAL Education Group (NYSE:TAL – Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.05. The company had revenue of $861.35 million during the quarter, compared to analyst estimates of $819.03 million. TAL Education Group had a return on equity of 4.71% and a net margin of 6.45%. Sell-side analysts predict that TAL Education Group will post 0.2 earnings per share for the current year.

Institutional Investors Weigh In On TAL Education Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new position in shares of TAL Education Group in the first quarter valued at about $29,000. Quarry LP bought a new stake in TAL Education Group in the 3rd quarter valued at about $42,000. Headlands Technologies LLC bought a new stake in TAL Education Group in the 1st quarter valued at about $99,000. Hantz Financial Services Inc. grew its position in shares of TAL Education Group by 572.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after purchasing an additional 8,229 shares in the last quarter. Finally, Brooklyn Investment Group increased its holdings in shares of TAL Education Group by 386.0% during the third quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock worth $124,000 after purchasing an additional 8,800 shares during the period. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Company Profile

(Get Free Report)

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.

Further Reading