TAL Education Group (NYSE:TAL) Raised to Buy at Wall Street Zen

TAL Education Group (NYSE:TAL) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Several other brokerages have also commented on TAL. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a research report on Monday. Finally, JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target on the stock in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.91.

TAL Education Group Stock Down 1.9%

NYSE:TAL opened at $10.82 on Friday. The firm’s fifty day simple moving average is $11.46 and its 200 day simple moving average is $10.99. The stock has a market cap of $6.59 billion, a P/E ratio of 37.29, a price-to-earnings-growth ratio of 0.68 and a beta of 0.06. TAL Education Group has a twelve month low of $8.50 and a twelve month high of $15.30.

TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, October 30th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.16 by $0.05. The firm had revenue of $861.35 million during the quarter, compared to analysts’ expectations of $819.03 million. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. On average, analysts expect that TAL Education Group will post 0.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Krane Funds Advisors LLC raised its stake in TAL Education Group by 25.5% during the third quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock valued at $253,455,000 after buying an additional 4,684,426 shares during the last quarter. Aspex Management HK Ltd raised its position in shares of TAL Education Group by 52.0% in the 2nd quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock worth $220,614,000 after purchasing an additional 7,388,698 shares during the last quarter. Vanguard Group Inc. raised its position in shares of TAL Education Group by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 17,394,195 shares of the company’s stock worth $194,815,000 after purchasing an additional 71,937 shares during the last quarter. Bank of America Corp DE boosted its stake in TAL Education Group by 14.3% in the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock worth $143,701,000 after purchasing an additional 1,759,945 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in TAL Education Group by 2,125.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,628,646 shares of the company’s stock valued at $166,824,000 after purchasing an additional 12,061,305 shares during the last quarter. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.