TAL Education Group (NYSE:TAL) Sets New 12-Month Low – Here’s Why

TAL Education Group (NYSE:TAL) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.07 and last traded at $9.3050, with a volume of 2290732 shares traded. The stock had previously closed at $9.15.

Wall Street Analyst Weigh In

TAL has been the subject of a number of analyst reports. Wall Street Zen raised TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of TAL Education Group in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, TAL Education Group has an average rating of “Moderate Buy” and an average target price of $13.77.

TAL Education Group Stock Up 1.7%

The firm has a 50 day simple moving average of $10.82 and a two-hundred day simple moving average of $11.06. The stock has a market capitalization of $5.67 billion, a P/E ratio of 10.01, a PEG ratio of 0.78 and a beta of 0.04.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $1.35 earnings per share (EPS) for the quarter. TAL Education Group had a return on equity of 14.87% and a net margin of 17.64%.The company had revenue of $802.39 million for the quarter. On average, research analysts predict that TAL Education Group will post 0.86 earnings per share for the current year.

Insider Transactions at TAL Education Group

In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the business’s stock in a transaction dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.81% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TAL Education Group

Hedge funds have recently made changes to their positions in the stock. Quarry LP acquired a new position in TAL Education Group during the 3rd quarter worth approximately $42,000. Cassaday & Co Wealth Management LLC acquired a new stake in TAL Education Group in the first quarter valued at approximately $50,000. DV Equities LLC acquired a new stake in TAL Education Group in the fourth quarter valued at approximately $49,000. Daiwa Securities Group Inc. grew its stake in shares of TAL Education Group by 194.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock worth $63,000 after buying an additional 3,800 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of TAL Education Group during the first quarter worth $109,000. 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.