TAL Education Group (NYSE:TAL) Sets New 1-Year Low – What’s Next?

TAL Education Group (NYSE:TAL) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $9.07 and last traded at $9.3050, with a volume of 2290732 shares changing hands. The stock had previously closed at $9.15.

Analysts Set New Price Targets

A number of analysts have issued reports on TAL shares. Weiss Ratings raised shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $13.77.

TAL Education Group Trading Down 0.9%

The firm has a market cap of $5.64 billion, a price-to-earnings ratio of 9.95, a price-to-earnings-growth ratio of 0.80 and a beta of 0.04. The company’s 50-day moving average is $10.74 and its 200-day moving average is $11.04.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $1.35 earnings per share (EPS) for the quarter. The business 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 EPS for the current year.

Insider Activity

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were 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. This trade represents a 63.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.81% of the company’s stock.

Institutional Trading of TAL Education Group

Several large investors have recently made changes to their positions in the company. Krane Funds Advisors LLC boosted its position in shares of TAL Education Group by 25.5% during the 3rd quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock worth $253,455,000 after acquiring an additional 4,684,426 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in TAL Education Group in the 4th quarter valued at approximately $213,329,000. Vanguard Group Inc. lifted its stake in TAL Education Group by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 17,671,668 shares of the company’s stock valued at $192,798,000 after purchasing an additional 277,473 shares during the last quarter. Bank of America Corp DE lifted its stake in TAL Education Group by 14.3% in the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock valued at $143,701,000 after purchasing an additional 1,759,945 shares during the last quarter. Finally, CoreView Capital Management Ltd lifted its stake in TAL Education Group by 56.9% in the 3rd quarter. CoreView Capital Management Ltd now owns 10,997,165 shares of the company’s stock valued at $123,168,000 after purchasing an additional 3,990,000 shares during the last quarter. Institutional investors and hedge funds 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.