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

TAL Education Group (NYSE:TAL) has been given an average recommendation of “Moderate Buy” by the four ratings firms that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $13.77.

A number of equities research analysts have issued reports on TAL shares. Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th.

TAL Education Group Trading Down 2.0%

Shares of NYSE:TAL opened at $10.80 on Friday. The stock has a market cap of $6.57 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 0.94 and a beta of 0.10. The stock’s fifty day simple moving average is $11.25 and its two-hundred day simple moving average is $11.30. TAL Education Group has a 1-year low of $9.62 and a 1-year high of $13.37.

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

Insider Activity 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 stock was sold at an average price of $10.86, for a total transaction of $868,800.00. Following the sale, the insider directly owned 45,144 shares in the company, valued at approximately $490,263.84. This trade represents a 63.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.81% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new stake in shares of TAL Education Group during the 1st quarter worth $2,663,000. Public Employees Retirement System of Ohio grew its position in TAL Education Group by 53.9% during the first quarter. Public Employees Retirement System of Ohio now owns 304,531 shares of the company’s stock valued at $3,463,000 after buying an additional 106,684 shares during the period. Arrowstreet Capital Limited Partnership grew its position in TAL Education Group by 26.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 7,395,434 shares of the company’s stock valued at $84,086,000 after buying an additional 1,546,549 shares during the period. Sei Investments Co. increased its holdings in TAL Education Group by 315.5% during the first quarter. Sei Investments Co. now owns 701,552 shares of the company’s stock worth $7,977,000 after buying an additional 532,694 shares during the last quarter. Finally, Walleye Capital LLC increased its holdings in TAL Education Group by 434.9% during the first quarter. Walleye Capital LLC now owns 45,855 shares of the company’s stock worth $521,000 after buying an additional 37,283 shares during the last quarter. Institutional investors own 37.79% of the company’s stock.

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.