TAL Education Group (NYSE:TAL) Trading Down 4.6%

TAL Education Group (NYSE:TAL)’s stock price fell 4.6% during mid-day trading on Friday . The stock traded as low as $11.45 and last traded at $11.65. 833,279 shares were traded during trading, a decline of 88% from the average session volume of 6,829,823 shares. The stock had previously closed at $12.21.

Analysts Set New Price Targets

Several brokerages recently issued reports on TAL. StockNews.com lowered TAL Education Group from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. TheStreet upgraded TAL Education Group from a “d+” rating to a “c-” rating in a report on Wednesday, February 14th. Finally, JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $10.00 to $15.00 in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.37.

TAL Education Group Price Performance

The company has a fifty day simple moving average of $12.69 and a two-hundred day simple moving average of $11.37. The company has a market capitalization of $7.46 billion, a P/E ratio of -106.36 and a beta of 0.15.

TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). TAL Education Group had a negative net margin of 5.30% and a negative return on equity of 1.93%. The company had revenue of $373.51 million for the quarter, compared to the consensus estimate of $330.96 million. Equities analysts anticipate that TAL Education Group will post -0.06 earnings per share for the current year.

Hedge Funds Weigh In On TAL Education Group

Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its position in shares of TAL Education Group by 50.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock valued at $45,000 after purchasing an additional 1,191 shares during the last quarter. IPG Investment Advisors LLC acquired a new stake in shares of TAL Education Group in the fourth quarter valued at about $126,000. Advisor Partners II LLC acquired a new stake in shares of TAL Education Group in the fourth quarter valued at about $71,000. CIBC Asset Management Inc acquired a new stake in shares of TAL Education Group in the fourth quarter valued at about $133,000. Finally, AQR Capital Management LLC acquired a new stake in shares of TAL Education Group in the third quarter valued at about $100,000. 37.79% of the stock is currently owned by institutional investors.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.