Favorable Press Coverage Somewhat Unlikely to Affect TAL Education Group (TAL) Share Price
News headlines about TAL Education Group (NYSE:TAL) have been trending positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TAL Education Group earned a media sentiment score of 0.44 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.7123098544888 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s rankings:
- Placing These Stocks in the Hotbed: Cintas Corporation (NASDAQ:CTAS) and TAL Education Group (NYSE:TAL) – FLBC News (flbcnews.com)
- TAL Education Group American De (TAL) Sees New 52-Week High – Modern Readers (modernreaders.com)
- TAL Education Group American De (NYSE:TAL) Sees Heavy Trading Volume with 720K Shares Changing Hands – Highlight Press (highlightpress.com)
- TAL Education Group American De (NYSE:TAL) Closed Significantly Above Its 50 Day Average – Modern Readers (modernreaders.com)
- NF Trinity Capital (Hong Kong) Ltd Buys ACADIA Pharmaceuticals Inc, NXP Semiconductors NV, … (nasdaq.com)
Shares of TAL Education Group (TAL) traded down 3.63% on Thursday, hitting $167.31. The stock had a trading volume of 1,049,400 shares. The firm’s 50 day moving average is $141.55 and its 200-day moving average is $113.82. TAL Education Group has a one year low of $59.20 and a one year high of $173.83. The stock has a market capitalization of $13.78 billion, a PE ratio of 114.67 and a beta of 0.26. Shares of TAL Education Group are set to split on the morning of Wednesday, August 16th. The 6-1 split was announced on Friday, January 1st. The newly minted shares will be payable to shareholders after the market closes on Tuesday, August 15th.
TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, July 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.16. The business had revenue of $321.90 million for the quarter, compared to the consensus estimate of $306.46 million. TAL Education Group had a return on equity of 19.47% and a net margin of 11.14%. The company’s quarterly revenue was up 65.0% on a year-over-year basis. Equities research analysts expect that TAL Education Group will post $1.99 earnings per share for the current fiscal year.
Several research analysts have weighed in on TAL shares. Goldman Sachs Group, Inc. (The) lowered TAL Education Group from a “buy” rating to a “neutral” rating and set a $133.00 target price on the stock. in a research report on Tuesday, May 16th. Zacks Investment Research lowered TAL Education Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Benchmark Co. upped their target price on TAL Education Group to $137.00 and gave the stock a “buy” rating in a research report on Thursday, April 27th. Macquarie started coverage on TAL Education Group in a research report on Thursday, June 29th. They issued an “outperform” rating and a $165.00 target price on the stock. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of TAL Education Group in a research report on Tuesday, April 18th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. TAL Education Group has an average rating of “Buy” and a consensus target price of $141.88.
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.
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