TAL Education Group (NYSE:TAL) Rating Lowered to Hold at Wall Street Zen

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

TAL has been the topic of several other research reports. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Weiss Ratings raised TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $13.77.

TAL Education Group Price Performance

Shares of TAL opened at $9.20 on Friday. The firm’s 50 day moving average is $10.53 and its 200-day moving average is $10.97. TAL Education Group has a 12-month low of $9.04 and a 12-month high of $13.37. The stock has a market capitalization of $5.60 billion, a P/E ratio of 9.89, a P/E/G ratio of 0.78 and a beta of 0.04.

TAL Education Group (NYSE:TAL) last released its earnings results on Tuesday, April 14th. The company reported $1.35 EPS for the quarter. The business had revenue of $802.39 million during the quarter. TAL Education Group had a net margin of 17.64% and a return on equity of 14.87%. As a group, equities research analysts forecast that TAL Education Group will post 0.86 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $10.86, for a total value of $868,800.00. Following the completion of the sale, the insider owned 45,144 shares in the company, valued at approximately $490,263.84. This represents a 63.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.81% of the company’s stock.

Institutional Trading of TAL Education Group

A number of hedge funds have recently modified their holdings of the business. Quarry LP acquired a new stake in shares of TAL Education Group in the third quarter worth $42,000. Cassaday & Co Wealth Management LLC acquired a new position in TAL Education Group during the first quarter valued at $50,000. DV Equities LLC acquired a new position in TAL Education Group during the fourth quarter valued at $49,000. Daiwa Securities Group Inc. raised its position in TAL Education Group by 194.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock valued at $63,000 after buying an additional 3,800 shares during the period. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in TAL Education Group in the 1st quarter worth about $109,000. Hedge funds and other 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.