TAL Education Group (NYSE:TAL) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

TAL Education Group (NYSE:TAL) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.12 and traded as high as $11.18. TAL Education Group shares last traded at $10.7650, with a volume of 3,036,656 shares.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. JPMorgan Chase & Co. raised shares of 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. Zacks Research cut TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wall Street Zen cut TAL Education Group from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.81.

TAL Education Group Price Performance

The company has a market capitalization of $6.56 billion, a price-to-earnings ratio of 37.12, a PEG ratio of 0.69 and a beta of 0.06. The stock has a 50 day simple moving average of $11.15 and a two-hundred day simple moving average of $11.12.

TAL Education Group (NYSE:TAL) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.05. TAL Education Group had a return on equity of 4.71% and a net margin of 6.45%.The business had revenue of $861.35 million for the quarter, compared to the consensus estimate of $819.03 million. Equities research analysts predict that TAL Education Group will post 0.2 EPS for the current year.

Institutional Trading of TAL Education Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP purchased a new stake in shares of TAL Education Group during the 3rd quarter worth approximately $42,000. Hantz Financial Services Inc. raised its stake in TAL Education Group by 572.7% during the 3rd 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 lifted its position in TAL Education Group by 386.0% in the third quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock valued at $124,000 after acquiring an additional 8,800 shares during the last quarter. Prelude Capital Management LLC purchased a new stake in TAL Education Group in the third quarter valued at $142,000. Finally, PNC Financial Services Group Inc. boosted its stake in TAL Education Group by 19.4% in the second quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock valued at $143,000 after acquiring an additional 2,268 shares in the last quarter. Institutional investors and hedge funds own 37.79% of the company’s stock.

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.