TAL Education Group (NYSE:TAL) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Friday.

Other equities analysts have also issued research reports about the stock. Morgan Stanley lowered shares of TAL Education Group from an “overweight” rating to an “equal weight” rating in a report on Friday, June 29th. Zacks Investment Research upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of TAL Education Group from $60.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, May 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $45.26.

Shares of TAL stock opened at $27.07 on Friday. TAL Education Group has a 12 month low of $25.60 and a 12 month high of $47.63. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $13.15 billion, a price-to-earnings ratio of 79.62 and a beta of 0.09.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, July 26th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. TAL Education Group had a net margin of 12.16% and a return on equity of 17.68%. The firm had revenue of $550.60 million for the quarter, compared to analyst estimates of $511.45 million. During the same quarter in the previous year, the business posted $0.43 EPS. The firm’s revenue was up 71.0% compared to the same quarter last year. sell-side analysts forecast that TAL Education Group will post 0.52 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its stake in shares of TAL Education Group by 107.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock valued at $169,000 after purchasing an additional 2,368 shares in the last quarter. Verition Fund Management LLC acquired a new stake in shares of TAL Education Group in the 1st quarter valued at about $217,000. Natixis acquired a new stake in shares of TAL Education Group in the 2nd quarter valued at about $224,000. Dupont Capital Management Corp acquired a new stake in shares of TAL Education Group in the 1st quarter valued at about $225,000. Finally, Cigna Investments Inc. New acquired a new stake in shares of TAL Education Group in the 1st quarter valued at about $228,000. Institutional investors and hedge funds own 60.29% of the company’s stock.

TAL Education Group Company Profile

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

Further Reading: Technical Analysis of Stocks and What It Means

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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.