TAL Education Group (NYSE:TAL) Stock Rating Upgraded by StockNews.com

TAL Education Group (NYSE:TAL) was upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.

TAL has been the subject of a number of other reports. HSBC began coverage on TAL Education Group in a research note on Wednesday, May 29th. They set a “buy” rating and a $16.00 price target for the company. Citigroup dropped their target price on TAL Education Group from $21.30 to $13.40 and set a “buy” rating on the stock in a research report on Monday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $13.30.

TAL Education Group Stock Up 1.8 %

Shares of NYSE:TAL traded up $0.15 during midday trading on Monday, reaching $8.62. 12,140,447 shares of the company traded hands, compared to its average volume of 6,698,110. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of -861.14 and a beta of 0.01. The firm’s fifty day moving average price is $10.67 and its two-hundred day moving average price is $11.82. TAL Education Group has a 12 month low of $6.24 and a 12 month high of $15.52.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, August 1st. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.08. The company 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 1.47% and a net margin of 3.24%. During the same quarter last year, the business posted ($0.07) EPS. Analysts forecast that TAL Education Group will post 0.06 earnings per share for the current year.

Institutional Trading of TAL Education Group

A number of hedge funds have recently bought and sold shares of TAL. EverSource Wealth Advisors LLC raised its stake in shares of TAL Education Group by 1,375.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,331 shares of the company’s stock valued at $28,000 after acquiring an additional 2,173 shares during the period. Blue Trust Inc. boosted its stake in 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 purchasing an additional 2,792 shares during the period. Tower Research Capital LLC TRC raised its position in shares of TAL Education Group by 50.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after buying an additional 1,191 shares in the last quarter. China Universal Asset Management Co. Ltd. bought a new stake in shares of TAL Education Group during the 1st quarter worth about $47,000. Finally, IPG Investment Advisors LLC bought a new stake in shares of TAL Education Group in the 4th quarter worth approximately $126,000. 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. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.