TAL Education (TAL) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of TAL Education (NYSE:TAL) from a sell rating to a hold rating in a research note published on Thursday morning.

According to Zacks, “TAL Education Group provides K-12 after-school tutoring service in China. It offers tutoring services to K-12 students covering academic subjects, including mathematics, English, Chinese, physics, chemistry and biology. The Company delivers its tutoring services through small classes, personalized premium services i.e. one-on-one tutoring and online course offerings. Its extensive network consists of learning centers and service centers in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin and Wuhan, as well as the Company’s online platform. TAL Education Group is headquartered in Beijing, the People’s Republic of China. “

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Separately, Deutsche Bank initiated coverage on shares of TAL Education in a research note on Thursday, January 4th. They set a buy rating and a $35.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of $31.55.

NYSE TAL opened at $34.92 on Thursday. TAL Education has a 12 month low of $16.75 and a 12 month high of $41.75. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.25. The company has a market cap of $17,242.16, a P/E ratio of 158.73 and a beta of 0.34.

TAL Education (NYSE:TAL) last posted its quarterly earnings data on Thursday, January 25th. The company reported $0.07 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.07. TAL Education had a net margin of 10.55% and a return on equity of 19.59%. The business had revenue of $433.27 million for the quarter. sell-side analysts predict that TAL Education will post 0.33 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of TAL. Bamco Inc. NY boosted its holdings in TAL Education by 406.3% during the third quarter. Bamco Inc. NY now owns 2,649,724 shares of the company’s stock worth $89,322,000 after buying an additional 2,126,332 shares in the last quarter. Davis Selected Advisers boosted its holdings in TAL Education by 494.9% during the third quarter. Davis Selected Advisers now owns 2,537,827 shares of the company’s stock worth $85,550,000 after buying an additional 2,111,241 shares in the last quarter. Yiheng Capital LLC boosted its holdings in TAL Education by 500.0% during the third quarter. Yiheng Capital LLC now owns 2,338,590 shares of the company’s stock worth $78,834,000 after buying an additional 1,948,825 shares in the last quarter. Barings LLC bought a new stake in TAL Education during the fourth quarter worth approximately $28,995,000. Finally, Bank of New York Mellon Corp boosted its holdings in TAL Education by 924.8% during the third quarter. Bank of New York Mellon Corp now owns 1,011,645 shares of the company’s stock worth $34,101,000 after buying an additional 912,925 shares in the last quarter. Hedge funds and other institutional investors own 55.93% of the company’s stock.

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TAL Education Company Profile

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

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Analyst Recommendations for TAL Education (NYSE:TAL)

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