Shares of TAL Education (NYSE:TAL) have been assigned an average rating of “Buy” from the twelve ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $31.12.
A number of equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of TAL Education from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Deutsche Bank assumed coverage on shares of TAL Education in a research report on Thursday, January 4th. They issued a “buy” rating and a $35.00 price objective on the stock.
NYSE:TAL traded down $0.59 during trading hours on Wednesday, reaching $35.73. The company’s stock had a trading volume of 919,993 shares, compared to its average volume of 5,526,666. The stock has a market cap of $17,755.47, a PE ratio of 128.19 and a beta of 0.34. TAL Education has a 1 year low of $17.36 and a 1 year high of $41.75. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.25.
TAL Education (NYSE:TAL) last issued its earnings results on Thursday, January 25th. The company reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. The company had revenue of $433.27 million for the quarter. TAL Education had a net margin of 10.55% and a return on equity of 19.59%. sell-side analysts anticipate that TAL Education will post 0.31 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in shares of TAL Education by 531.0% in the third quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock valued at $166,000 after acquiring an additional 4,131 shares during the period. Private Advisor Group LLC bought a new stake in shares of TAL Education during the 4th quarter valued at about $247,000. BB&T Securities LLC bought a new stake in shares of TAL Education during the 3rd quarter valued at about $267,000. Mackenzie Financial Corp bought a new stake in shares of TAL Education during the 3rd quarter valued at about $272,000. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of TAL Education during the 4th quarter valued at about $290,000. Hedge funds and other institutional investors own 55.94% 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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