TAL Education Group (NYSE:TAL) – Jefferies Group lifted their FY2018 EPS estimates for shares of TAL Education Group in a report released on Monday. Jefferies Group analyst now forecasts that the company will earn $1.93 per share for the year, up from their previous forecast of $1.82. Jefferies Group currently has a “Buy” rating and a $176.00 price objective on the stock. Jefferies Group also issued estimates for TAL Education Group’s FY2019 earnings at $3.00 EPS.

TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, July 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.16. The firm had revenue of $321.90 million for the quarter, compared to analysts’ expectations of $306.46 million. TAL Education Group had a net margin of 11.14% and a return on equity of 19.47%. TAL Education Group’s quarterly revenue was up 65.0% compared to the same quarter last year. ILLEGAL ACTIVITY WARNING: “FY2018 Earnings Estimate for TAL Education Group Issued By Jefferies Group (NYSE:TAL)” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.dailypolitical.com/2017/08/04/fy2018-earnings-estimate-for-tal-education-group-issued-by-jefferies-group-nysetal.html.

TAL has been the topic of a number of other reports. Citigroup Inc. began coverage on shares of TAL Education Group in a research report on Tuesday, July 18th. They set a “neutral” rating and a $150.00 price target on the stock. Benchmark Co. began coverage on shares of TAL Education Group in a research report on Tuesday, April 18th. They set a “buy” rating and a $135.00 price target on the stock. UBS AG began coverage on shares of TAL Education Group in a research report on Tuesday. They set a “buy” rating on the stock. Zacks Investment Research lowered shares of TAL Education Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, J P Morgan Chase & Co boosted their price target on shares of TAL Education Group to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 27th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $141.88.

Shares of TAL Education Group (TAL) traded up 1.94% during mid-day trading on Thursday, hitting $161.00. 528,523 shares of the stock traded hands. The firm has a 50 day moving average of $132.39 and a 200 day moving average of $110.17. The company has a market cap of $13.26 billion, a P/E ratio of 110.35 and a beta of 0.26. TAL Education Group has a 12 month low of $57.63 and a 12 month high of $161.08. TAL Education Group shares are set to split on the morning of Wednesday, August 16th. The 6-1 split was announced on Friday, January 1st. The newly created shares will be distributed to shareholders after the closing bell on Tuesday, August 15th.

Institutional investors have recently bought and sold shares of the stock. Greenleaf Trust purchased a new position in TAL Education Group during the second quarter valued at $229,000. Handelsbanken Fonder AB purchased a new position in TAL Education Group during the second quarter valued at $7,339,000. Xact Kapitalforvaltning AB purchased a new position in TAL Education Group during the second quarter valued at $734,000. Aperio Group LLC purchased a new position in TAL Education Group during the second quarter valued at $7,426,000. Finally, DnB Asset Management AS purchased a new position in TAL Education Group during the second quarter valued at $12,684,000. Institutional investors own 57.61% of the company’s stock.

About TAL Education Group

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Receive News & Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related companies with MarketBeat.com's FREE daily email newsletter.