TAL Education Group (NYSE:TAL) Stock Rating Upgraded by Zacks Research

TAL Education Group (NYSE:TAL) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

A number of other research firms have also recently weighed in on TAL. Wall Street Zen cut shares of TAL Education Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Jefferies Financial Group started coverage on TAL Education Group in a report on Friday, July 31st. They set a “hold” rating on the stock. Weiss Ratings upgraded TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Finally, New Street Research set a $13.60 target price on TAL Education Group in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.80.

TAL Education Group Trading Down 0.7%

TAL opened at $12.38 on Thursday. The company’s 50 day moving average is $10.17 and its 200-day moving average is $10.79. TAL Education Group has a 1-year low of $8.88 and a 1-year high of $13.37. The company has a market cap of $6.86 billion, a P/E ratio of 7.69, a PEG ratio of 1.06 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.46. The business had revenue of $758.38 million during the quarter, compared to analysts’ expectations of $719.40 million. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. On average, equities analysts forecast that TAL Education Group will post 0.86 EPS for the current year.

Insider Transactions at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $12.28, for a total value of $368,400.00. Following the transaction, the insider owned 15,144 shares in the company, valued at approximately $185,968.32. The trade was a 66.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.81% of the company’s stock.

Hedge Funds Weigh In On TAL Education Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new stake in TAL Education Group during the 1st quarter worth about $258,000. State Street Corp lifted its stake in shares of TAL Education Group by 2.2% in the 2nd quarter. State Street Corp now owns 7,536,671 shares of the company’s stock valued at $77,025,000 after purchasing an additional 165,662 shares during the period. AXA S.A. bought a new stake in shares of TAL Education Group during the 2nd quarter valued at about $284,000. Quantinno Capital Management LP boosted its position in shares of TAL Education Group by 43.1% during the 2nd quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock valued at $365,000 after purchasing an additional 10,775 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in TAL Education Group by 0.9% during the second quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock worth $2,733,000 after purchasing an additional 2,275 shares during the period. Institutional investors and hedge funds own 37.79% of the company’s stock.

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.