TAL Education Group (NYSE:TAL) Upgraded at StockNews.com

StockNews.com upgraded shares of TAL Education Group (NYSE:TAL) from a sell rating to a hold rating in a research report report published on Friday.

TAL has been the subject of several other research reports. TheStreet raised shares of TAL Education Group from a d+ rating to a c- rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. raised shares of TAL Education Group from a neutral rating to an overweight rating and increased their price target for the company from $10.00 to $15.00 in a research report on Thursday, January 25th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, TAL Education Group currently has a consensus rating of Moderate Buy and a consensus target price of $12.37.

TAL Education Group Price Performance

Shares of NYSE:TAL opened at $13.41 on Friday. The company’s fifty day moving average price is $12.41 and its 200-day moving average price is $11.60. The firm has a market capitalization of $8.55 billion, a price-to-earnings ratio of -1,341.00 and a beta of 0.15. TAL Education Group has a one year low of $5.09 and a one year high of $15.52.

TAL Education Group (NYSE:TAL) last issued 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 return on equity of 0.10% and a negative net margin of 0.24%. 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 0.09 EPS for the current year.

Institutional Trading of TAL Education Group

A number of institutional investors have recently modified their holdings of the company. Krane Funds Advisors LLC raised its position in TAL Education Group by 14.0% during the 3rd quarter. Krane Funds Advisors LLC now owns 17,771,371 shares of the company’s stock worth $161,897,000 after buying an additional 2,177,640 shares during the last quarter. HCEP Management Ltd raised its position in TAL Education Group by 456.4% during the 4th quarter. HCEP Management Ltd now owns 5,000,000 shares of the company’s stock worth $63,150,000 after buying an additional 4,101,330 shares during the last quarter. UBS Group AG raised its position in TAL Education Group by 5.3% during the 4th quarter. UBS Group AG now owns 3,981,895 shares of the company’s stock worth $50,291,000 after buying an additional 200,331 shares during the last quarter. WT Asset Management Ltd raised its position in TAL Education Group by 108.7% during the 4th quarter. WT Asset Management Ltd now owns 3,501,979 shares of the company’s stock worth $44,230,000 after buying an additional 1,824,094 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd raised its position in TAL Education Group by 24.1% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 3,239,151 shares of the company’s stock worth $40,878,000 after buying an additional 629,151 shares during the last quarter. 37.79% of the stock is currently owned by institutional investors.

TAL Education Group Company Profile

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.