Stock Traders Buy High Volume of Put Options on TAL Education Group (NYSE:TAL)

TAL Education Group (NYSE:TAL) saw unusually large options trading on Tuesday. Traders bought 11,648 put options on the company. This is an increase of approximately 119% compared to the average daily volume of 5,321 put options.

Analysts Set New Price Targets

A number of research firms have recently commented on TAL. StockNews.com cut TAL Education Group from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $10.00 to $15.00 in a report on Thursday, January 25th. Finally, TheStreet upgraded TAL Education Group from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, TAL Education Group has an average rating of “Moderate Buy” and a consensus target price of $12.37.

TAL Education Group Stock Up 2.7 %

Shares of TAL stock opened at $11.63 on Thursday. The firm has a market capitalization of $7.42 billion, a P/E ratio of -105.73 and a beta of 0.15. TAL Education Group has a twelve month low of $5.09 and a twelve month high of $15.52. The stock’s fifty day simple moving average is $12.67 and its 200 day simple moving average is $11.43.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, January 25th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). TAL Education Group had a negative net margin of 5.30% and a negative return on equity of 1.93%. The company had revenue of $373.51 million during the quarter, compared to the consensus estimate of $330.96 million. As a group, equities research analysts expect that TAL Education Group will post -0.06 EPS for the current fiscal year.

Institutional Investors Weigh In On TAL Education Group

Institutional investors have recently made changes to their positions in the stock. Yousif Capital Management LLC bought a new stake in shares of TAL Education Group in the 1st quarter valued at about $39,000. Tower Research Capital LLC TRC grew its position in shares of TAL Education Group by 50.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock valued at $45,000 after buying an additional 1,191 shares during the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in shares of TAL Education Group in the 2nd quarter valued at about $55,000. Engineers Gate Manager LP bought a new stake in shares of TAL Education Group in the 3rd quarter valued at about $66,000. Finally, Advisor Partners II LLC bought a new stake in shares of TAL Education Group in the 4th quarter valued at about $71,000. Institutional investors 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.