TAL Education Group (NYSE:TAL) Hits New 12-Month Low – What’s Next?

TAL Education Group (NYSE:TAL)’s share price reached a new 52-week low on Friday . The company traded as low as $9.48 and last traded at $9.4850, with a volume of 726814 shares trading hands. The stock had previously closed at $9.72.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. 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. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of TAL Education Group in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, TAL Education Group has a consensus rating of “Moderate Buy” and an average price target of $13.77.

TAL Education Group Stock Performance

The company has a market cap of $5.82 billion, a P/E ratio of 10.27, a P/E/G ratio of 0.82 and a beta of 0.04. The business’s 50-day moving average price is $10.92 and its 200 day moving average price is $11.10.

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

Insider Buying and Selling at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $10.86, for a total transaction of $868,800.00. Following the transaction, the insider directly owned 45,144 shares in the company, valued at $490,263.84. The trade was a 63.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.81% of the stock is owned by corporate insiders.

Institutional Trading of TAL Education Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Amundi boosted its holdings 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 purchasing an additional 137,799 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of 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 buying an additional 3,374 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of 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 buying an additional 56,655 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of TAL Education Group in the 1st quarter valued at approximately $2,663,000. Finally, Public Employees Retirement System of Ohio raised its position in shares of 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 buying an additional 106,684 shares in 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.