Shares of TAL Education Group (NYSE:TAL – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as $8.93 and last traded at $9.5050, with a volume of 6201905 shares traded. The stock had previously closed at $9.19.
Wall Street Analyst Weigh In
TAL has been the topic of several research reports. Weiss Ratings upgraded TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, TAL Education Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.77.
View Our Latest Analysis on TAL Education Group
TAL Education Group Price Performance
TAL Education Group (NYSE:TAL – Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The company reported $1.35 earnings per share (EPS) for the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. The company had revenue of $802.39 million for the quarter. Equities research analysts expect that TAL Education Group will post 0.86 earnings per share for the current fiscal year.
Insider Activity at TAL Education Group
In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $10.86, for a total transaction of $868,800.00. Following the completion of the sale, the insider owned 45,144 shares in the company, valued at $490,263.84. The trade was a 63.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.81% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its holdings in shares of TAL Education Group by 8.6% during the third quarter. PNC Financial Services Group Inc. now owns 15,185 shares of the company’s stock valued at $170,000 after buying an additional 1,202 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in TAL Education Group by 1.0% during the 4th quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company’s stock worth $1,606,000 after purchasing an additional 1,400 shares in the last quarter. HighVista Strategies LLC increased its holdings in TAL Education Group by 8.3% during the 3rd quarter. HighVista Strategies LLC now owns 19,600 shares of the company’s stock worth $220,000 after purchasing an additional 1,500 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of TAL Education Group by 5.1% in the fourth quarter. Greenleaf Trust now owns 32,625 shares of the company’s stock valued at $356,000 after purchasing an additional 1,597 shares in the last quarter. Finally, Mariner LLC lifted its holdings in shares of TAL Education Group by 11.3% in the fourth quarter. Mariner LLC now owns 15,964 shares of the company’s stock valued at $175,000 after purchasing an additional 1,623 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.
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