TAL Education Group (NYSE:TAL) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of TAL Education Group (NYSE:TAL) have received an average rating of “Moderate Buy” from the four research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $14.80.

TAL has been the topic of several analyst reports. New Street Research set a $13.60 price objective on TAL Education Group in a report on Friday, July 31st. Weiss Ratings cut TAL Education Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, August 17th. Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group started coverage on TAL Education Group in a research report on Friday, July 31st. They issued a “hold” rating for the company.

Insider Activity at TAL Education Group

In related news, insider Alex Zhuangzhuang Peng sold 30,000 shares of TAL Education Group stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $12.28, for a total value of $368,400.00. Following the transaction, the insider directly owned 15,144 shares of the company’s stock, valued at $185,968.32. The trade was a 66.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.81% of the stock is currently owned by insiders.

Institutional Investors Weigh In On TAL Education Group

Large investors have recently added to or reduced their stakes in the company. Public Sector Pension Investment Board increased its position in shares of TAL Education Group by 1.0% in the fourth quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company’s stock valued at $1,606,000 after acquiring an additional 1,400 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of TAL Education Group by 9.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 16,693 shares of the company’s stock valued at $182,000 after acquiring an additional 1,508 shares during the last quarter. Mariner LLC boosted its holdings in shares of TAL Education Group by 11.3% during the fourth quarter. Mariner LLC now owns 15,964 shares of the company’s stock worth $175,000 after purchasing an additional 1,623 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of TAL Education Group by 12.2% during the third quarter. Envestnet Asset Management Inc. now owns 17,614 shares of the company’s stock worth $197,000 after purchasing an additional 1,913 shares during the period. Finally, State of Wyoming boosted its holdings in shares of TAL Education Group by 11.1% during the first quarter. State of Wyoming now owns 21,610 shares of the company’s stock worth $246,000 after purchasing an additional 2,160 shares during the period. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Stock Performance

TAL stock opened at $11.47 on Tuesday. The firm has a market cap of $6.36 billion, a P/E ratio of 7.13, a P/E/G ratio of 0.78 and a beta of 0.13. The firm’s fifty day moving average is $10.67 and its 200 day moving average is $10.82. TAL Education Group has a 52 week low of $8.88 and a 52 week high of $13.37.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.46. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. The business had revenue of $758.38 million during the quarter, compared to the consensus estimate of $719.40 million. As a group, analysts forecast that TAL Education Group will post 1.06 EPS for the current year.

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.