TAL Stock: TAL Education Group Stock Rating Lowered by ValuEngine

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TAL Education Group (NYSE:TAL) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Several other equities research analysts also recently commented on the company. Morgan Stanley began coverage on TAL Education Group in a report on Friday, August 25th. They issued an “overweight” rating and a $37.00 target price on the stock. Bank of America reissued a “buy” rating and issued a $40.30 target price (up from $29.10) on shares of TAL Education Group in a report on Monday, September 25th. Macquarie downgraded TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. Zacks Investment Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a report on Thursday, October 26th. Finally, Jefferies Group boosted their target price on TAL Education Group to $35.00 and gave the stock a “buy” rating in a report on Monday, August 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $31.16.

TAL Education Group (TAL) traded up $0.11 during midday trading on Friday, hitting $27.99. The company had a trading volume of 2,614,341 shares, compared to its average volume of 3,989,956. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.32. TAL Education Group has a one year low of $11.02 and a one year high of $36.16. The company has a market capitalization of $13,980.00, a price-to-earnings ratio of 118.00, a PEG ratio of 1.32 and a beta of 0.20.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, October 26th. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The firm had revenue of $455.80 million for the quarter, compared to the consensus estimate of $441.18 million. The business’s revenue was up 68.1% compared to the same quarter last year. research analysts predict that TAL Education Group will post 0.37 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the business. Baillie Gifford & Co. raised its stake in shares of TAL Education Group by 530.5% in the third quarter. Baillie Gifford & Co. now owns 23,724,100 shares of the company’s stock worth $799,739,000 after purchasing an additional 19,961,398 shares during the last quarter. Greenwoods Asset Management Ltd raised its stake in shares of TAL Education Group by 474.7% in the third quarter. Greenwoods Asset Management Ltd now owns 6,626,686 shares of the company’s stock worth $223,386,000 after purchasing an additional 5,473,555 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of TAL Education Group by 501.8% in the third quarter. Principal Financial Group Inc. now owns 4,816,308 shares of the company’s stock worth $162,358,000 after purchasing an additional 4,015,962 shares during the last quarter. Thornburg Investment Management Inc. raised its stake in shares of TAL Education Group by 1,386.4% in the third quarter. Thornburg Investment Management Inc. now owns 3,353,831 shares of the company’s stock worth $113,058,000 after purchasing an additional 3,128,201 shares during the last quarter. Finally, TB Alternative Assets Ltd. raised its stake in shares of TAL Education Group by 444.4% in the third quarter. TB Alternative Assets Ltd. now owns 2,836,432 shares of the company’s stock worth $95,616,000 after purchasing an additional 2,315,385 shares during the last quarter. 51.25% of the stock is currently owned by institutional investors and hedge funds.

About TAL Education Group

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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