TAL Education Group (NYSE:TAL) Receives Average Recommendation of “Buy” from Brokerages

Shares of TAL Education Group (NYSE:TAL) have received an average recommendation of “Buy” from the four research firms that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy recommendation. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $12.37.

TAL has been the topic of several research reports. StockNews.com raised TAL Education Group from a “sell” rating to a “hold” rating in a research report on Friday. TheStreet raised TAL Education Group from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. Finally, JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $10.00 to $15.00 in a research report on Thursday, January 25th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC increased its position in shares of TAL Education Group by 50.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after acquiring an additional 1,191 shares during the last quarter. Aviva PLC increased its position in shares of TAL Education Group by 0.6% during the third quarter. Aviva PLC now owns 284,351 shares of the company’s stock worth $2,590,000 after acquiring an additional 1,600 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of TAL Education Group by 16.9% during the third quarter. Daiwa Securities Group Inc. now owns 20,100 shares of the company’s stock worth $183,000 after acquiring an additional 2,900 shares during the last quarter. Advisor Partners II LLC increased its position in shares of TAL Education Group by 42.4% during the third quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock worth $132,000 after acquiring an additional 4,322 shares during the last quarter. Finally, IPG Investment Advisors LLC purchased a new stake in shares of TAL Education Group during the fourth quarter worth about $126,000. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Trading Up 0.4 %

Shares of TAL opened at $13.40 on Monday. The firm has a market capitalization of $8.54 billion, a P/E ratio of -121.82 and a beta of 0.15. The stock’s fifty day simple moving average is $12.41 and its 200 day simple moving average is $11.57. TAL Education Group has a twelve month low of $5.09 and a twelve month high of $15.52.

TAL Education Group (NYSE:TAL) last issued its earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $373.51 million during the quarter, compared to analysts’ expectations of $330.96 million. TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. Sell-side analysts predict that TAL Education Group will post -0.06 earnings per share for the current year.

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.