TAL Education Group (NYSE:TAL) Downgraded by Zacks Research to “Hold”

TAL Education Group (NYSE:TAL) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price objective for the company in a report on Thursday, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a report on Monday. Finally, Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.91.

TAL Education Group Stock Performance

NYSE TAL opened at $10.98 on Monday. The company has a market capitalization of $6.69 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 0.68 and a beta of 0.06. TAL Education Group has a 52-week low of $8.50 and a 52-week high of $15.30. The company has a 50-day simple moving average of $11.43 and a 200 day simple moving average of $11.01.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, October 30th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.05. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. The firm had revenue of $861.35 million for the quarter, compared to analysts’ expectations of $819.03 million. As a group, analysts forecast that TAL Education Group will post 0.2 EPS for the current fiscal year.

Institutional Trading of TAL Education Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of TAL Education Group by 2,125.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,628,646 shares of the company’s stock valued at $166,824,000 after purchasing an additional 12,061,305 shares in the last quarter. Aspex Management HK Ltd grew its position in TAL Education Group by 52.0% during the second quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock worth $220,614,000 after buying an additional 7,388,698 shares in the last quarter. Serenity Capital Management PTE. LTD. increased its stake in TAL Education Group by 16,237.0% in the 3rd quarter. Serenity Capital Management PTE. LTD. now owns 4,730,377 shares of the company’s stock worth $52,980,000 after acquiring an additional 4,701,422 shares during the last quarter. Krane Funds Advisors LLC raised its holdings in shares of TAL Education Group by 25.5% in the 3rd quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock valued at $253,455,000 after acquiring an additional 4,684,426 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of TAL Education Group by 3,989.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 4,574,002 shares of the company’s stock valued at $51,229,000 after acquiring an additional 4,462,149 shares during the last quarter. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

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.