TAL Education Group (NYSE:TAL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Friday.

According to Zacks, “TAL Education Group provides K-12 after-school tutoring service in China. It offers tutoring services to K-12 students covering academic subjects, including mathematics, English, Chinese, physics, chemistry and biology. The Company delivers its tutoring services through small classes, personalized premium services i.e. one-on-one tutoring and online course offerings. Its extensive network consists of learning centers and service centers in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin and Wuhan, as well as the Company’s online platform. TAL Education Group is headquartered in Beijing, the People’s Republic of China. “

Several other equities research analysts have also recently issued reports on TAL. Bank of America reaffirmed a “buy” rating and issued a $40.30 target price (up from $29.10) on shares of TAL Education Group in a report on Monday, September 25th. Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Friday, October 27th. ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Finally, Deutsche Bank initiated coverage on TAL Education Group in a research note on Thursday. They set a “buy” rating and a $35.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. TAL Education Group presently has an average rating of “Hold” and an average price target of $31.55.

TAL Education Group (NYSE TAL) traded up $0.73 during trading hours on Friday, reaching $32.57. The company’s stock had a trading volume of 7,656,500 shares, compared to its average volume of 6,232,533. 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 $16,370.00, a PE ratio of 130.28, a PEG ratio of 1.57 and a beta of 0.19. TAL Education Group has a twelve month low of $12.34 and a twelve month high of $36.16.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.02). TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The business had revenue of $455.80 million for the quarter, compared to the consensus estimate of $441.18 million. TAL Education Group’s revenue was up 68.1% compared to the same quarter last year. research analysts forecast that TAL Education Group will post 0.35 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the business. Baillie Gifford & Co. increased its position in shares of TAL Education Group by 530.5% during the third quarter. Baillie Gifford & Co. now owns 23,724,100 shares of the company’s stock worth $799,739,000 after purchasing an additional 19,961,398 shares in the last quarter. Greenwoods Asset Management Ltd increased its position in shares of TAL Education Group by 474.7% in the 3rd quarter. Greenwoods Asset Management Ltd now owns 6,626,686 shares of the company’s stock valued at $223,386,000 after acquiring an additional 5,473,555 shares during the period. Principal Financial Group Inc. increased its position in shares of TAL Education Group by 501.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,816,308 shares of the company’s stock valued at $162,358,000 after acquiring an additional 4,015,962 shares during the period. Thornburg Investment Management Inc. increased its position in shares of TAL Education Group by 1,386.4% in the 3rd quarter. Thornburg Investment Management Inc. now owns 3,353,831 shares of the company’s stock valued at $113,058,000 after acquiring an additional 3,128,201 shares during the period. Finally, TB Alternative Assets Ltd. increased its position in shares of TAL Education Group by 444.4% in the 3rd quarter. TB Alternative Assets Ltd. now owns 2,836,432 shares of the company’s stock valued at $95,616,000 after acquiring an additional 2,315,385 shares during the period. Institutional investors own 51.22% 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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