TAL Education Group (TAL) Scheduled to Post Earnings on Thursday
TAL Education Group (NYSE:TAL) is scheduled to release its earnings data before the market opens on Thursday, July 27th. Analysts expect TAL Education Group to post earnings of $0.30 per share for the quarter.
TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, April 27th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.09. TAL Education Group had a net margin of 11.00% and a return on equity of 18.23%. The business had revenue of $316.30 million for the quarter, compared to analyst estimates of $288.53 million. The firm’s revenue for the quarter was up 80.7% on a year-over-year basis. On average, analysts expect TAL Education Group to post $2.08 EPS for the current fiscal year and $3.17 EPS for the next fiscal year.
TAL Education Group (NYSE TAL) opened at 147.88 on Thursday. The stock’s 50 day moving average is $125.69 and its 200-day moving average is $105.30. The firm has a market capitalization of $12.34 billion, a price-to-earnings ratio of 112.03 and a beta of 0.21. TAL Education Group has a 52 week low of $57.63 and a 52 week high of $149.93.
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Several analysts recently weighed in on the stock. Jefferies Group LLC reiterated a “buy” rating on shares of TAL Education Group in a research report on Tuesday, April 18th. Citigroup Inc. began coverage on shares of TAL Education Group in a research note on Tuesday. They set a “neutral” rating and a $150.00 target price on the stock. Benchmark Co. began coverage on shares of TAL Education Group in a research note on Tuesday, April 18th. They set a “buy” rating and a $135.00 target price on the stock. Zacks Investment Research cut shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 29th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and set a $123.00 target price on shares of TAL Education Group in a research note on Tuesday, March 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $120.50.
About TAL Education Group
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 (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.
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