TAL Education Group Sets New 1-Year High at $23.88 (XRS)
TAL Education Group (NYSE:XRS) set a new 52-week high during trading on Thursday, AnalystRatingsNetwork.com reports. The stock traded as high as $23.88 and last traded at $22.51, with a volume of 643,961 shares. The stock had previously closed at $23.49.
A number of analysts have recently weighed in on XRS shares. Analysts at Jefferies Group raised their price target on shares of TAL Education Group to $26.00 in a research note to investors on Wednesday. Separately, analysts at Zacks downgraded shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 24th. They now have a $21.20 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. TAL Education Group presently has an average rating of “Buy” and a consensus price target of $19.80.
TAL Education Group has a one year low of $8.16 and a one year high of $23.83. The stock’s 50-day moving average is $20.35 and its 200-day moving average is $15.40. The company has a market cap of $1.763 billion and a P/E ratio of 41.87.
TAL Education Group (NYSE:XRS) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.03. The company had revenue of $92.00 million for the quarter, compared to the consensus estimate of $90.12 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 35.1% on a year-over-year basis. On average, analysts predict that TAL Education Group will post $0.68 earnings per share for the current fiscal year.
TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (NYSE:XRS).
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