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

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

A number of other equities analysts have also commented on the stock. Zacks Research lowered shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Weiss Ratings upgraded TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $16.00.

TAL Education Group Trading Up 0.1%

TAL stock traded up $0.01 during mid-day trading on Friday, reaching $10.33. 2,542,638 shares of the stock traded hands, compared to its average volume of 3,323,320. TAL Education Group has a 52-week low of $8.88 and a 52-week high of $13.37. The stock’s fifty day moving average is $9.99 and its 200-day moving average is $10.82. The company has a market cap of $5.72 billion, a P/E ratio of 11.11, a P/E/G ratio of 0.88 and a beta of 0.08.

TAL Education Group (NYSE:TAL) last released its earnings results on Tuesday, April 14th. The company reported $1.35 earnings per share for the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. The business 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 year.

Insider Buying and Selling at TAL Education Group

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of TAL Education Group stock in a transaction on Monday, April 27th. The shares were sold at an average price of $10.86, for a total value of $868,800.00. Following the completion of the sale, the insider owned 45,144 shares of the company’s stock, valued at approximately $490,263.84. The trade was a 63.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.81% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in TAL Education Group in the 4th quarter worth approximately $213,329,000. Vanguard Group Inc. grew its stake in TAL Education Group by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 17,671,668 shares of the company’s stock valued at $192,798,000 after buying an additional 277,473 shares during the last quarter. Bank of America Corp DE raised its holdings in TAL Education Group by 14.3% in the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock worth $143,701,000 after acquiring an additional 1,759,945 shares during the period. Tiger Pacific Capital LP raised its holdings in TAL Education Group by 6.2% in the 2nd quarter. Tiger Pacific Capital LP now owns 9,233,398 shares of the company’s stock worth $94,365,000 after acquiring an additional 541,919 shares during the period. Finally, State Street Corp lifted its position in TAL Education Group by 3.5% during the 4th quarter. State Street Corp now owns 7,818,834 shares of the company’s stock worth $85,303,000 after acquiring an additional 265,138 shares during the last quarter. 37.79% of the stock is owned by institutional investors.

TAL Education Group Company Profile

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.