TAL Education Group (NYSE:TAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of TAL Education Group (NYSE:TAL) have earned an average recommendation of “Moderate Buy” from the four ratings firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $14.80.

Several equities analysts have weighed in on the company. Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. New Street Research set a $13.60 price target on shares of TAL Education Group in a research report on Friday, July 31st. Jefferies Financial Group assumed coverage on shares of TAL Education Group in a research report on Friday, July 31st. They issued a “hold” rating for the company. Finally, Weiss Ratings upgraded shares of TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, September 16th.

TAL Education Group Price Performance

TAL opened at $11.99 on Friday. TAL Education Group has a fifty-two week low of $8.88 and a fifty-two week high of $13.37. The firm has a market capitalization of $6.64 billion, a PE ratio of 7.45, a P/E/G ratio of 0.84 and a beta of 0.14. The company’s 50-day moving average is $11.69 and its 200 day moving average is $10.94.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.46. The business had revenue of $758.38 million during the quarter, compared to the consensus estimate of $719.40 million. TAL Education Group had a return on equity of 24.55% and a net margin of 28.43%. As a group, analysts expect that TAL Education Group will post 1.06 EPS for the current year.

Insider Buying and Selling

In other TAL Education Group news, insider Alex Peng sold 30,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $12.28, for a total value of $368,400.00. Following the completion of the transaction, the insider owned 15,144 shares in the company, valued at $185,968.32. This represents a 66.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.81% of the company’s stock.

Institutional Trading of TAL Education Group

A number of large investors have recently added to or reduced their stakes in TAL. Cassaday & Co Wealth Management LLC bought a new stake in shares of TAL Education Group in the 1st quarter worth approximately $50,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in TAL Education Group during the first quarter valued at $109,000. Impact Investors Inc purchased a new stake in TAL Education Group in the first quarter worth $135,000. Private Advisor Group LLC bought a new stake in shares of TAL Education Group in the first quarter valued at $137,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of TAL Education Group by 9.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 16,693 shares of the company’s stock valued at $182,000 after buying an additional 1,508 shares during the period. Hedge funds and other institutional investors own 37.79% of the company’s stock.

About TAL Education Group

TAL Education Group (NYSE: TAL) is a Chinese education and technology company that provides learning services, educational content and related products. Its offerings are designed primarily for students and families and include tutoring, academic enrichment, learning applications, educational materials and intelligent learning devices.

Founded in 2003 and headquartered in Beijing, TAL historically built a nationwide network of education centers and online learning platforms serving students in China.