TAL Education Group (NYSE:TAL) Sets New 12-Month Low – Here’s What Happened

TAL Education Group (NYSE:TAL) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $9.07 and last traded at $9.2050, with a volume of 4341015 shares changing hands. The stock had previously closed at $9.32.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TAL. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. Weiss Ratings upgraded shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Finally, Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.77.

TAL Education Group Stock Down 1.2%

The firm has a fifty day simple moving average of $10.66 and a 200-day simple moving average of $11.01. The company has a market cap of $5.61 billion, a PE ratio of 9.90, a price-to-earnings-growth ratio of 0.80 and a beta of 0.04.

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

Insiders Place Their Bets

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

Hedge Funds Weigh In On TAL Education Group

A number of institutional investors have recently modified their holdings of the business. AQR Capital Management LLC purchased a new position in TAL Education Group during the 1st quarter worth $258,000. State Street Corp boosted its stake in shares of TAL Education Group by 2.2% during the second quarter. State Street Corp now owns 7,536,671 shares of the company’s stock worth $77,025,000 after buying an additional 165,662 shares during the period. AXA S.A. purchased a new position in shares of TAL Education Group during the second quarter worth about $284,000. Quantinno Capital Management LP grew its holdings in shares of TAL Education Group by 43.1% during the second quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock worth $365,000 after buying an additional 10,775 shares during the last quarter. Finally, California State Teachers Retirement System increased its position in TAL Education Group by 0.9% in the 2nd quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock valued at $2,733,000 after acquiring an additional 2,275 shares during the period. 37.79% of the stock is owned by institutional investors and hedge funds.

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.