TAL Education Group (NYSE:TAL) Reaches New 52-Week Low – Should You Sell?

Shares of TAL Education Group (NYSE:TAL) reached a new 52-week low during trading on Friday . The stock traded as low as $9.52 and last traded at $10.0290, with a volume of 435009 shares changing hands. The stock had previously closed at $10.07.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on TAL shares. Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.77.

TAL Education Group Trading Down 1.4%

The company has a 50-day moving average of $11.23 and a 200-day moving average of $11.24. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 10.67, a price-to-earnings-growth ratio of 0.89 and a beta of 0.10.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $1.35 earnings per share for the quarter. TAL Education Group had a return on equity of 14.87% and a net margin of 17.64%.The business had revenue of $802.39 million during the quarter. On average, research analysts expect that TAL Education Group will post 0.86 EPS for the current year.

Insider Buying and Selling at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $10.86, for a total value of $868,800.00. Following the transaction, the insider directly owned 45,144 shares of the company’s stock, valued at approximately $490,263.84. This represents a 63.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.81% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TAL. Quarry LP purchased a new position in shares of TAL Education Group in the third quarter worth about $42,000. DV Equities LLC purchased a new position in shares of TAL Education Group in the fourth quarter worth about $49,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of TAL Education Group in the first quarter worth about $50,000. Daiwa Securities Group Inc. raised its stake in shares of TAL Education Group by 194.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock worth $63,000 after purchasing an additional 3,800 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of TAL Education Group by 572.7% in the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after purchasing an additional 8,229 shares during the last quarter. 37.79% of the stock is currently owned by hedge funds and other institutional investors.

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.