TAL Education Group (NYSE:TAL) Given Average Recommendation of “Moderate Buy” by Brokerages

TAL Education Group (NYSE:TALGet Free Report) has received a consensus rating of “Moderate Buy” from the four ratings firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $14.80.

TAL has been the subject of several research reports. New Street Research set a $13.60 price objective on shares of TAL Education Group in a research note on Friday, July 31st. Jefferies Financial Group initiated coverage on TAL Education Group in a research note on Friday, July 31st. They issued a “hold” rating for the company. Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wall Street Zen downgraded TAL Education Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Weiss Ratings upgraded TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday.

Get Our Latest Analysis on TAL Education Group

Insiders Place Their Bets

In other TAL Education Group news, insider Alex Peng sold 30,000 shares of the company’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 completion of the transaction, the insider directly owned 15,144 shares in the company, valued at approximately $185,968.32. This represents a 66.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.81% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TAL. Cassaday & Co Wealth Management LLC acquired a new stake in shares of TAL Education Group in the first quarter valued at about $50,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in TAL Education Group in the first quarter valued at approximately $109,000. Impact Investors Inc bought a new stake in TAL Education Group in the first quarter valued at approximately $135,000. Private Advisor Group LLC bought a new stake in TAL Education Group in the first quarter valued at approximately $137,000. Finally, PNC Financial Services Group Inc. increased its position in TAL Education Group by 9.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 16,693 shares of the company’s stock valued at $182,000 after purchasing an additional 1,508 shares during the period. 37.79% of the stock is owned by institutional investors.

TAL Education Group Stock Performance

Shares of TAL stock opened at $11.83 on Friday. TAL Education Group has a fifty-two week low of $8.88 and a fifty-two week high of $13.37. The stock’s fifty day moving average price is $11.52 and its two-hundred day moving average price is $10.89. The company has a market cap of $6.55 billion, a PE ratio of 7.35, a P/E/G ratio of 0.81 and a beta of 0.14.

TAL Education Group (NYSE:TALGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.46. The business had revenue of $758.38 million for the quarter, compared to analyst estimates of $719.40 million. TAL Education Group had a return on equity of 24.55% and a net margin of 28.43%. On average, equities analysts predict that TAL Education Group will post 1.06 EPS for the current fiscal year.

TAL Education Group Company Profile

(Get Free Report)

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.

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