TAL Education Group (NYSE:TAL) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of TAL Education Group (NYSE:TALGet Free Report) have been assigned an average rating of “Moderate Buy” from the four research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $13.77.

A number of research firms have recently commented on TAL. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of TAL Education Group in a research report on Friday, May 22nd. Finally, Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th.

Read Our Latest Research Report on TAL

TAL Education Group Stock Performance

TAL opened at $9.16 on Wednesday. The business’s 50-day simple moving average is $10.85 and its 200-day simple moving average is $11.07. TAL Education Group has a one year low of $9.07 and a one year high of $13.37. The stock has a market capitalization of $5.57 billion, a P/E ratio of 9.84, a price-to-earnings-growth ratio of 0.80 and a beta of 0.04.

TAL Education Group (NYSE:TALGet Free Report) last posted its earnings results on Tuesday, April 14th. The company reported $1.35 EPS for the quarter. TAL Education Group had a return on equity of 14.87% and a net margin of 17.64%.The business had revenue of $802.39 million for the quarter. On average, equities research analysts forecast that TAL Education Group will post 0.86 EPS for the current fiscal year.

Insider Activity at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of TAL Education Group 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 sale, the insider owned 45,144 shares in the company, valued at approximately $490,263.84. The trade was a 63.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.81% of the company’s stock.

Hedge Funds Weigh In On TAL Education Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Amundi increased its position in TAL Education Group by 13.1% in the 1st quarter. Amundi now owns 1,187,724 shares of the company’s stock valued at $13,504,000 after acquiring an additional 137,799 shares during the period. The Manufacturers Life Insurance Company increased its position in TAL Education Group by 6.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 58,334 shares of the company’s stock valued at $663,000 after acquiring an additional 3,374 shares during the period. Quantinno Capital Management LP increased its position in TAL Education Group by 66.0% in the 1st quarter. Quantinno Capital Management LP now owns 142,536 shares of the company’s stock valued at $1,621,000 after acquiring an additional 56,655 shares during the period. Renaissance Technologies LLC acquired a new position in TAL Education Group in the 1st quarter valued at about $2,663,000. Finally, Public Employees Retirement System of Ohio increased its position in TAL Education Group by 53.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 304,531 shares of the company’s stock valued at $3,463,000 after acquiring an additional 106,684 shares during the period. Hedge funds and other institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

(Get Free Report)

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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