TAL Education Group (NYSE:TAL) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of TAL Education Group (NYSE:TAL) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.01 and traded as high as $11.04. TAL Education Group shares last traded at $11.0250, with a volume of 2,309,716 shares changing hands.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research report on Thursday, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 22nd. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Finally, Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $13.91.

TAL Education Group Stock Performance

The stock has a market cap of $6.71 billion, a PE ratio of 38.02, a PEG ratio of 0.68 and a beta of 0.06. The company’s 50-day moving average price is $11.46 and its two-hundred day moving average price is $11.01.

TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, October 30th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.05. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. The company had revenue of $861.35 million during the quarter, compared to analyst estimates of $819.03 million. Equities research analysts forecast that TAL Education Group will post 0.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On TAL Education Group

Large investors have recently modified their holdings of the company. Quarry LP bought a new stake in TAL Education Group in the 3rd quarter worth approximately $42,000. Hantz Financial Services Inc. raised its stake in shares of TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after acquiring an additional 8,229 shares in the last quarter. Brooklyn Investment Group raised its stake in shares of TAL Education Group by 386.0% during the third quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock worth $124,000 after acquiring an additional 8,800 shares in the last quarter. Prelude Capital Management LLC bought a new stake in shares of TAL Education Group in the 3rd quarter worth approximately $142,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of TAL Education Group by 19.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock valued at $143,000 after purchasing an additional 2,268 shares in the last quarter. 37.79% of the stock is owned by hedge funds and other institutional investors.

About TAL Education Group

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.