TAL Education Group (NYSE:TAL) Shares Up 8.1% – What’s Next?

TAL Education Group (NYSE:TAL) shares traded up 8.1% on Monday . The stock traded as high as $11.79 and last traded at $12.0050. 1,040,214 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 2,577,782 shares. The stock had previously closed at $11.11.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TAL shares. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target on the stock in a research note on Thursday, October 30th. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. Finally, Zacks Research lowered TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $13.91.

TAL Education Group Trading Up 10.4%

The company’s fifty day simple moving average is $11.23 and its 200 day simple moving average is $11.05. The stock has a market capitalization of $7.47 billion, a P/E ratio of 42.29, a P/E/G ratio of 0.69 and a beta of 0.06.

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

Institutional Trading of TAL Education Group

A number of large investors have recently modified their holdings of TAL. Prudential PLC boosted its holdings in shares of TAL Education Group by 6.0% in the 2nd quarter. Prudential PLC now owns 231,037 shares of the company’s stock worth $2,361,000 after purchasing an additional 13,081 shares in the last quarter. KBC Group NV raised its holdings in shares of TAL Education Group by 606.2% during the 2nd quarter. KBC Group NV now owns 143,623 shares of the company’s stock valued at $1,468,000 after buying an additional 123,286 shares in the last quarter. Aviva PLC raised its holdings in shares of TAL Education Group by 3.9% during the 2nd quarter. Aviva PLC now owns 298,838 shares of the company’s stock valued at $3,054,000 after buying an additional 11,307 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. lifted its position in TAL Education Group by 9.1% in the 2nd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,671,361 shares of the company’s stock worth $27,301,000 after buying an additional 222,544 shares during the last quarter. Finally, Beck Bode LLC lifted its position in TAL Education Group by 15.2% in the 2nd quarter. Beck Bode LLC now owns 524,560 shares of the company’s stock worth $5,361,000 after buying an additional 69,087 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.