Wall Street Zen Downgrades TAL Education Group (NYSE:TAL) to Hold

TAL Education Group (NYSE:TAL) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other research analysts have also issued research reports about the stock. Zacks Research lowered shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research note on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.91.

TAL Education Group Price Performance

TAL stock opened at $11.05 on Friday. TAL Education Group has a fifty-two week low of $8.50 and a fifty-two week high of $15.30. The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 0.68 and a beta of 0.06. The business’s fifty day moving average price is $11.21 and its two-hundred day moving average price is $11.09.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TAL. Prudential PLC boosted its stake in shares of TAL Education Group by 6.0% in the 2nd quarter. Prudential PLC now owns 231,037 shares of the company’s stock valued at $2,361,000 after purchasing an additional 13,081 shares in the last quarter. Beck Bode LLC lifted its stake in TAL Education Group by 15.2% in the 2nd quarter. Beck Bode LLC now owns 524,560 shares of the company’s stock valued at $5,361,000 after purchasing an additional 69,087 shares during the last quarter. KBC Group NV boosted its position in TAL Education Group by 606.2% in the second quarter. KBC Group NV now owns 143,623 shares of the company’s stock valued at $1,468,000 after buying an additional 123,286 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. grew its stake in shares of TAL Education Group by 9.1% during the second quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,671,361 shares of the company’s stock worth $27,301,000 after buying an additional 222,544 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of TAL Education Group by 12.1% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,782,395 shares of the company’s stock worth $18,216,000 after buying an additional 193,038 shares during the last quarter. 37.79% of the stock is currently owned by institutional investors and hedge funds.

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.