TAL Education Group (NYSE:TAL) Raised to “Buy” at Wall Street Zen

TAL Education Group (NYSE:TAL) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other equities research analysts have also commented on TAL. Weiss Ratings upgraded TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Zacks Research downgraded TAL Education Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, TAL Education Group has a consensus rating of “Hold” and an average target price of $16.00.

TAL Education Group Trading Down 0.2%

Shares of TAL opened at $9.79 on Friday. The stock has a market capitalization of $5.43 billion, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 0.84 and a beta of 0.08. The firm’s fifty day simple moving average is $10.07 and its two-hundred day simple moving average is $10.85. TAL Education Group has a 12 month low of $8.88 and a 12 month high of $13.37.

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

Insider Transactions at TAL Education Group

In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the firm’s stock in a transaction 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 directly owned 45,144 shares in the company, valued at approximately $490,263.84. This trade represents a 63.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.81% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TAL Education Group

Several institutional investors have recently made changes to their positions in TAL. AQR Capital Management LLC acquired a new stake in shares of TAL Education Group in the 1st quarter valued at about $258,000. State Street Corp raised its stake in TAL Education Group by 2.2% during the 2nd 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. bought a new position in TAL Education Group in the second quarter worth approximately $284,000. Quantinno Capital Management LP boosted its holdings in TAL Education Group by 43.1% in the second quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock worth $365,000 after acquiring an additional 10,775 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in TAL Education Group by 0.9% in the second 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. 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.