TAL Education Group (NYSE:TAL) Rating Lowered to Sell at StockNews.com

TAL Education Group (NYSE:TAL) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Monday.

Separately, Citigroup lowered their price objective on TAL Education Group from $21.30 to $13.40 and set a “buy” rating for the company in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.30.

TAL Education Group Trading Down 7.1 %

Shares of NYSE TAL opened at $10.11 on Monday. The stock has a market capitalization of $6.11 billion, a PE ratio of -1,011.00 and a beta of 0.04. The stock’s fifty day simple moving average is $9.11 and its two-hundred day simple moving average is $10.56. TAL Education Group has a 12-month low of $7.34 and a 12-month high of $15.52.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.08. The firm had revenue of $414.19 million during the quarter, compared to analysts’ expectations of $392.39 million. TAL Education Group had a return on equity of 1.46% and a net margin of 3.24%. During the same quarter last year, the firm earned ($0.07) EPS. On average, equities analysts predict that TAL Education Group will post 0.1 earnings per share for the current fiscal year.

Institutional Trading of TAL Education Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tobam raised its stake in shares of TAL Education Group by 10.4% during the 3rd quarter. Tobam now owns 19,418 shares of the company’s stock valued at $230,000 after buying an additional 1,832 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of TAL Education Group by 1,375.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,331 shares of the company’s stock valued at $28,000 after buying an additional 2,173 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of TAL Education Group by 2.4% during the 1st quarter. California State Teachers Retirement System now owns 98,417 shares of the company’s stock valued at $1,117,000 after buying an additional 2,315 shares during the last quarter. Public Sector Pension Investment Board raised its stake in shares of TAL Education Group by 1.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 149,682 shares of the company’s stock valued at $1,597,000 after buying an additional 2,400 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in shares of TAL Education Group by 569.8% during the 2nd quarter. Blue Trust Inc. now owns 3,282 shares of the company’s stock valued at $37,000 after buying an additional 2,792 shares during the last quarter. Institutional investors and hedge funds own 37.79% of the company’s stock.

About TAL Education Group

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.