TAL Education Group (NYSE:TAL – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $8.93 and last traded at $9.5050, with a volume of 6201905 shares. The stock had previously closed at $9.19.
Analyst Upgrades and Downgrades
Several analysts have recently commented on TAL shares. Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings upgraded shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Finally, Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.77.
Check Out Our Latest Stock Report on TAL Education Group
TAL Education Group Stock Up 3.4%
TAL Education Group (NYSE:TAL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $1.35 earnings per share (EPS) for the quarter. The business had revenue of $802.39 million during the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. On average, analysts anticipate that TAL Education Group will post 0.86 EPS for the current fiscal year.
Insiders Place Their Bets
In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $10.86, for a total value of $868,800.00. Following the completion of the sale, the insider directly owned 45,144 shares of the company’s stock, valued at $490,263.84. This trade represents a 63.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.81% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in TAL Education Group during the first quarter valued at about $258,000. State Street Corp lifted its stake in shares of TAL Education Group by 2.2% during the 2nd quarter. State Street Corp now owns 7,536,671 shares of the company’s stock valued at $77,025,000 after buying an additional 165,662 shares in the last quarter. AXA S.A. bought a new position in TAL Education Group in the 2nd quarter worth approximately $284,000. Quantinno Capital Management LP grew its stake in TAL Education Group by 43.1% in the 2nd quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock valued at $365,000 after buying an additional 10,775 shares in the last quarter. Finally, California State Teachers Retirement System raised its holdings in TAL Education Group by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock valued at $2,733,000 after acquiring an additional 2,275 shares during the period. Institutional investors own 37.79% of the company’s stock.
TAL Education Group Company Profile
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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