TAL Education Group (NYSE:TAL) Given Average Rating of “Hold” by Brokerages

Shares of TAL Education Group (NYSE:TAL) have been given an average recommendation of “Hold” by the four analysts that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $16.00.

TAL has been the subject of a number of research analyst reports. Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Jefferies Financial Group assumed coverage on shares of TAL Education Group in a research note on Friday. They set a “hold” rating for the company. Weiss Ratings raised shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, Zacks Research lowered shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd.

TAL Education Group Stock Up 1.3%

TAL stock traded up $0.15 during mid-day trading on Friday, reaching $12.49. 3,511,610 shares of the stock traded hands, compared to its average volume of 3,882,031. The business has a 50-day moving average of $9.87 and a two-hundred day moving average of $10.76. The firm has a market capitalization of $6.92 billion, a PE ratio of 13.44, a P/E/G ratio of 0.93 and a beta of 0.08. TAL Education Group has a 52 week low of $8.88 and a 52 week high of $13.37.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.59. TAL Education Group had a return on equity of 14.87% and a net margin of 17.64%.The business had revenue of $758.38 million during the quarter, compared to analysts’ expectations of $719.40 million. On average, equities research analysts anticipate that TAL Education Group will post 0.86 EPS for the current fiscal year.

Institutional Investors Weigh In On TAL Education Group

A number of institutional investors have recently added to or reduced their stakes in TAL. Public Sector Pension Investment Board increased its position in shares of TAL Education Group by 1.0% in the 4th quarter. Public Sector Pension Investment Board now owns 147,182 shares of the company’s stock valued at $1,606,000 after acquiring an additional 1,400 shares during the period. PNC Financial Services Group Inc. lifted its position in TAL Education Group by 9.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 16,693 shares of the company’s stock worth $182,000 after acquiring an additional 1,508 shares during the period. Greenleaf Trust grew its stake in TAL Education Group by 5.1% during the 4th quarter. Greenleaf Trust now owns 32,625 shares of the company’s stock valued at $356,000 after purchasing an additional 1,597 shares during the last quarter. Mariner LLC increased its holdings in shares of TAL Education Group by 11.3% in the fourth quarter. Mariner LLC now owns 15,964 shares of the company’s stock valued at $175,000 after purchasing an additional 1,623 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of TAL Education Group by 12.2% in the third quarter. Envestnet Asset Management Inc. now owns 17,614 shares of the company’s stock worth $197,000 after purchasing an additional 1,913 shares during the last quarter. 37.79% of the stock is owned by institutional investors and hedge funds.

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.