TAL Education Group (NYSE:TAL) Given Consensus Recommendation of “Hold” by Brokerages

TAL Education Group (NYSE:TAL) has earned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $13.91.

Several analysts have recently commented on TAL shares. Zacks Research cut shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price objective for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th.

TAL Education Group Trading Down 1.6%

NYSE:TAL opened at $11.10 on Friday. TAL Education Group has a 12-month low of $8.50 and a 12-month high of $15.30. The stock’s 50 day simple moving average is $11.23 and its 200-day simple moving average is $11.04. The firm has a market cap of $6.76 billion, a P/E ratio of 38.26, a PEG ratio of 0.69 and a beta of 0.06.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.05. The firm had revenue of $861.35 million for the quarter, compared to analyst estimates of $819.03 million. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. Research analysts forecast that TAL Education Group will post 0.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TAL. Quarry LP purchased a new position in TAL Education Group in the third quarter worth $42,000. Hantz Financial Services Inc. boosted 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. Brooklyn Investment Group grew its stake in shares of TAL Education Group by 386.0% during the 3rd 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. Prelude Capital Management LLC acquired a new position in shares of TAL Education Group during the 3rd quarter worth $142,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of TAL Education Group by 19.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock valued at $143,000 after purchasing an additional 2,268 shares in the last quarter. Institutional investors and hedge funds own 37.79% of the company’s stock.

About TAL Education Group

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.