TAL Education Group (TAL) Stock Rating Lowered by ValuEngine

TAL Education Group (NYSE:TAL) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.

Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of TAL Education Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Jefferies Group upped their price objective on shares of TAL Education Group to $35.00 and gave the stock a “buy” rating in a report on Monday, August 28th. Macquarie cut shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. Bank of America restated a “buy” rating and issued a $40.30 price objective (up previously from $29.10) on shares of TAL Education Group in a report on Monday, September 25th. Finally, Morgan Stanley began coverage on shares of TAL Education Group in a report on Friday, August 25th. They issued an “overweight” rating and a $37.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $31.16.

Shares of TAL Education Group (TAL) traded up $0.11 on Friday, reaching $27.99. 2,614,341 shares of the company’s stock were exchanged, compared to its average volume of 4,430,957. The stock has a market capitalization of $13,629.47, a PE ratio of 116.17, a PEG ratio of 1.30 and a beta of 0.19. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32. TAL Education Group has a twelve month low of $11.02 and a twelve month high of $36.16.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.02). The business had revenue of $455.80 million during the quarter, compared to analysts’ expectations of $441.18 million. TAL Education Group had a return on equity of 18.17% and a net margin of 9.90%. The business’s revenue was up 68.1% compared to the same quarter last year. sell-side analysts forecast that TAL Education Group will post 0.37 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of TAL. Capstone Asset Management Co. purchased a new stake in shares of TAL Education Group during the second quarter valued at approximately $462,000. Creative Planning purchased a new stake in shares of TAL Education Group during the second quarter valued at approximately $257,000. US Bancorp DE purchased a new stake in shares of TAL Education Group during the second quarter valued at approximately $584,000. APG Asset Management N.V. purchased a new stake in shares of TAL Education Group during the second quarter valued at approximately $1,870,000. Finally, Great West Life Assurance Co. Can purchased a new stake in shares of TAL Education Group during the second quarter valued at approximately $2,565,000. Hedge funds and other institutional investors own 51.25% of the company’s stock.

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TAL Education Group Company Profile

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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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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