TAL Education Group (NYSE:TAL) Trading Up 8.1% – Should You Buy?

TAL Education Group (NYSE:TAL) shot up 8.1% during trading on Monday . The company traded as high as $11.79 and last traded at $12.0050. 1,040,214 shares changed hands during trading, a decline of 60% from the average session volume of 2,577,782 shares. The stock had previously closed at $11.11.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TAL. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 target price on the stock in a research report on Thursday, October 30th. 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. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, TAL Education Group has an average rating of “Hold” and a consensus price target of $13.91.

TAL Education Group Stock Up 10.4%

The company has a market capitalization of $7.47 billion, a PE ratio of 42.29, a price-to-earnings-growth ratio of 0.69 and a beta of 0.06. The stock’s fifty day moving average price is $11.23 and its two-hundred day moving average price is $11.05.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.05. The firm had revenue of $861.35 million for the quarter, compared to analyst estimates of $819.03 million. TAL Education Group had a return on equity of 4.71% and a net margin of 6.45%. On average, equities research analysts forecast that TAL Education Group will post 0.2 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TAL. Quarry LP bought a new position in TAL Education Group in the 3rd quarter worth $42,000. Hantz Financial Services Inc. increased its position in shares of TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock valued at $108,000 after buying an additional 8,229 shares during the period. Brooklyn Investment Group increased its position in shares of TAL Education Group by 386.0% during the third quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock valued at $124,000 after buying an additional 8,800 shares during the period. Prelude Capital Management LLC bought a new position in TAL Education Group in the third quarter worth about $142,000. Finally, PNC Financial Services Group Inc. raised its stake in TAL Education Group by 19.4% in the second quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock worth $143,000 after buying an additional 2,268 shares in the last quarter. 37.79% of the stock is owned by hedge funds and other institutional investors.

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.