TAL Education Group (NYSE:TAL) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

TAL Education Group (NYSE:TAL)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.04 and traded as high as $11.25. TAL Education Group shares last traded at $11.0140, with a volume of 1,715,849 shares changing hands.

Wall Street Analyst Weigh In

TAL has been the topic of several recent research reports. Zacks Research downgraded shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price objective for the company in a report on Thursday, October 30th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.91.

TAL Education Group Stock Performance

The stock has a market capitalization of $6.71 billion, a P/E ratio of 37.98, a PEG ratio of 0.70 and a beta of 0.06. The business has a fifty day simple moving average of $11.29 and a 200-day simple moving average of $11.04.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.05. The firm had revenue of $861.35 million for the quarter, compared to analyst estimates of $819.03 million. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. On average, sell-side analysts anticipate that TAL Education Group will post 0.2 earnings per share for the current year.

Institutional Investors Weigh In On TAL Education Group

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

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.