TAL Education Group (NYSE:TAL) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “TAL Education Group provides K-12 after-school tutoring service in China. It offers tutoring services to K-12 students covering academic subjects, including mathematics, English, Chinese, physics, chemistry and biology. The Company delivers its tutoring services through small classes, personalized premium services i.e. one-on-one tutoring and online course offerings. Its extensive network consists of learning centers and service centers in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin and Wuhan, as well as the Company’s online platform. TAL Education Group is headquartered in Beijing, the People’s Republic of China. “

Several other equities analysts also recently commented on TAL. Citigroup raised shares of TAL Education Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 9th. Macquarie set a $32.00 target price on shares of TAL Education Group and gave the stock a “buy” rating in a report on Tuesday, January 15th. TheStreet raised shares of TAL Education Group from a “c+” rating to a “b-” rating in a report on Friday, January 25th. Finally, ValuEngine raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a report on Tuesday, February 5th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. TAL Education Group presently has a consensus rating of “Buy” and a consensus target price of $41.20.

TAL stock opened at $32.99 on Wednesday. TAL Education Group has a one year low of $21.08 and a one year high of $47.63. The firm has a market capitalization of $19.09 billion, a PE ratio of 97.03 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, January 24th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.05 by $0.16. TAL Education Group had a net margin of 14.40% and a return on equity of 18.88%. The firm had revenue of $585.99 million for the quarter, compared to the consensus estimate of $573.90 million. During the same quarter in the previous year, the firm earned $0.09 earnings per share. The company’s quarterly revenue was up 35.2% compared to the same quarter last year. As a group, research analysts expect that TAL Education Group will post 0.55 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in TAL Education Group by 29.5% during the third quarter. Morgan Stanley now owns 42,394,504 shares of the company’s stock valued at $1,089,963,000 after purchasing an additional 9,662,071 shares in the last quarter. BlackRock Inc. raised its stake in TAL Education Group by 4.0% during the fourth quarter. BlackRock Inc. now owns 16,238,836 shares of the company’s stock valued at $433,253,000 after purchasing an additional 629,229 shares in the last quarter. Vanguard Group Inc. raised its stake in TAL Education Group by 13.2% during the third quarter. Vanguard Group Inc. now owns 11,124,901 shares of the company’s stock valued at $286,021,000 after purchasing an additional 1,298,107 shares in the last quarter. Vanguard Group Inc raised its stake in TAL Education Group by 13.2% during the third quarter. Vanguard Group Inc now owns 11,124,901 shares of the company’s stock valued at $286,021,000 after purchasing an additional 1,298,107 shares in the last quarter. Finally, Hillhouse Capital Advisors Ltd. purchased a new stake in TAL Education Group during the fourth quarter valued at $199,452,000. 58.24% of the stock is currently owned by hedge funds and other institutional investors.

About TAL Education Group

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

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