TAL Education Group (NYSE:TAL) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of TAL Education Group (NYSE:TAL) from a buy rating to a hold rating in a report published on Saturday.

A number of other research firms also recently weighed in on TAL. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research note on Thursday, October 30th. Zacks Research cut shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.91.

TAL Education Group Stock Performance

NYSE:TAL opened at $11.05 on Friday. The company has a market cap of $6.73 billion, a price-to-earnings ratio of 38.10, a P/E/G ratio of 0.68 and a beta of 0.06. The stock’s fifty day moving average price is $11.19 and its two-hundred day moving average price is $11.10. TAL Education Group has a 52-week low of $8.50 and a 52-week high of $15.30.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, October 30th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.05. The company had revenue of $861.35 million during the quarter, compared to the consensus estimate of $819.03 million. TAL Education Group had a return on equity of 4.71% and a net margin of 6.45%. On average, equities analysts predict that TAL Education Group will post 0.2 EPS for the current fiscal year.

Institutional Trading of TAL Education Group

A number of large investors have recently bought and sold shares of TAL. Quarry LP bought a new position in TAL Education Group in the third quarter valued at approximately $42,000. Hantz Financial Services Inc. raised its holdings in shares of TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after acquiring an additional 8,229 shares during the period. Brooklyn Investment Group lifted its position in TAL Education Group by 386.0% in the 3rd quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock valued at $124,000 after acquiring an additional 8,800 shares in the last quarter. Prelude Capital Management LLC acquired a new position in TAL Education Group in the 3rd quarter worth $142,000. Finally, PNC Financial Services Group Inc. increased its holdings in TAL Education Group by 19.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock worth $143,000 after purchasing an additional 2,268 shares in the last quarter. 37.79% of the stock is owned by institutional investors.

About TAL Education Group

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.