Analysts expect TAL Education Group (NYSE:TAL) to report earnings of $0.07 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for TAL Education Group’s earnings. TAL Education Group reported earnings per share of $0.04 in the same quarter last year, which would suggest a positive year over year growth rate of 75%. The company is scheduled to report its next quarterly earnings report on Thursday, January 18th.

On average, analysts expect that TAL Education Group will report full-year earnings of $0.37 per share for the current fiscal year, with EPS estimates ranging from $0.36 to $0.38. For the next financial year, analysts forecast that the firm will post earnings of $0.64 per share, with EPS estimates ranging from $0.58 to $0.74. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for TAL Education Group.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). The firm had revenue of $455.80 million for the quarter, compared to analysts’ expectations of $441.18 million. TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. TAL Education Group’s quarterly revenue was up 68.1% compared to the same quarter last year.

TAL has been the subject of several recent research reports. Morgan Stanley started coverage on TAL Education Group in a research report on Friday, August 25th. They set an “overweight” rating and a $37.00 price objective for the company. Bank of America reaffirmed a “buy” rating and issued a $40.30 price target (up previously from $29.10) on shares of TAL Education Group in a research report on Monday, September 25th. Macquarie lowered TAL Education Group from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Zacks Investment Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price target for the company in a research report on Thursday, October 26th. Finally, Jefferies Group lifted their price target on TAL Education Group to $35.00 and gave the stock a “buy” rating in a research report on Monday, August 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. TAL Education Group currently has a consensus rating of “Buy” and a consensus price target of $31.16.

Several institutional investors and hedge funds have recently bought and sold shares of TAL. Penserra Capital Management LLC bought a new stake in TAL Education Group in the 2nd quarter worth about $122,000. Nippon Life Insurance Co. increased its holdings in TAL Education Group by 500.0% in the 3rd quarter. Nippon Life Insurance Co. now owns 3,708 shares of the company’s stock worth $125,000 after buying an additional 3,090 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in TAL Education Group in the 2nd quarter worth about $153,000. Tower Research Capital LLC TRC bought a new stake in TAL Education Group in the 2nd quarter worth about $154,000. Finally, Envestnet Asset Management Inc. increased its holdings in TAL Education Group by 531.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock worth $166,000 after buying an additional 4,131 shares in the last quarter. 51.25% of the stock is owned by hedge funds and other institutional investors.

TAL Education Group (NYSE TAL) opened at $27.99 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $13,683.25, a price-to-earnings ratio of 116.63, a price-to-earnings-growth ratio of 1.30 and a beta of 0.19. TAL Education Group has a 52-week low of $11.02 and a 52-week high of $36.16.

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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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