TAL International Group Inc. (TAL) Stock Price Up 6.2%
TAL International Group Inc. (NYSE:TAL)’s share price rose 6.2% on Tuesday . The company traded as high as $16.50 and last traded at $16.50, with a volume of 302,823 shares traded. The stock had previously closed at $15.54.
TAL has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of TAL International Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 30th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $15.00 price target on shares of TAL International Group in a research note on Monday, May 2nd. Finally, Cowen and Company reaffirmed a “market perform” rating and set a $17.00 price target (up from $12.00) on shares of TAL International Group in a research note on Thursday, April 28th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $17.00.
The stock has a market cap of $504.03 million and a P/E ratio of 7.35. The stock’s 50-day moving average price is $14.06 and its 200-day moving average price is $13.49.
TAL International Group (NYSE:TAL) last posted its earnings results on Wednesday, April 27th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by $0.04. The business earned $149.22 million during the quarter, compared to the consensus estimate of $145 million. The business’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.79 EPS. Equities research analysts predict that TAL International Group Inc. will post $1.49 earnings per share for the current year.
The business also recently announced a dividend, which was paid on Wednesday, June 15th. Shareholders of record on Wednesday, June 8th were paid a $0.54 dividend. The ex-dividend date of this dividend was Wednesday, June 15th.
A number of large investors recently bought and sold shares of the stock. GSA Capital Partners LLP boosted its stake in TAL International Group by 35.8% in the fourth quarter. GSA Capital Partners LLP now owns 69,620 shares of the company’s stock worth $1,107,000 after buying an additional 18,342 shares during the last quarter. PARK CIRCLE Co boosted its stake in TAL International Group by 97.7% in the fourth quarter. PARK CIRCLE Co now owns 85,000 shares of the company’s stock worth $1,352,000 after buying an additional 42,000 shares during the last quarter. Finally, Foresters Investment Management Company Inc. boosted its stake in TAL International Group by 263.6% in the fourth quarter. Foresters Investment Management Company Inc. now owns 842,810 shares of the company’s stock worth $13,401,000 after buying an additional 611,000 shares during the last quarter.
TAL International Group, Inc is a lessor of intermodal containers and chassis. The Company leases intermodal transportation equipment, primarily maritime containers and provides maritime container management services through a network of offices, third-party depots and other facilities. The Company operates in two segments: Equipment leasing and Equipment trading.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.