TAL Education Group (NYSE:TAL) Reaches New 1-Year Low – What’s Next?

TAL Education Group (NYSE:TALGet Free Report)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $9.07 and last traded at $9.3050, with a volume of 2290732 shares trading hands. The stock had previously closed at $9.15.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TAL shares. Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of TAL Education Group in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $13.77.

Read Our Latest Stock Report on TAL Education Group

TAL Education Group Trading Up 1.7%

The company has a 50 day moving average of $10.82 and a 200-day moving average of $11.06. The firm has a market capitalization of $5.67 billion, a P/E ratio of 10.01, a P/E/G ratio of 0.78 and a beta of 0.04.

TAL Education Group (NYSE:TALGet Free Report) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $1.35 earnings per share for the quarter. TAL Education Group had a return on equity of 14.87% and a net margin of 17.64%.The firm had revenue of $802.39 million for the quarter. As a group, sell-side analysts forecast that TAL Education Group will post 0.86 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $10.86, for a total transaction of $868,800.00. Following the transaction, the insider directly owned 45,144 shares of the company’s stock, valued at approximately $490,263.84. This trade represents a 63.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.81% of the company’s stock.

Institutional Trading of TAL Education Group

Institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC bought a new position in shares of TAL Education Group during the first quarter worth approximately $258,000. State Street Corp boosted its stake in shares of TAL Education Group by 2.2% in the second quarter. State Street Corp now owns 7,536,671 shares of the company’s stock valued at $77,025,000 after buying an additional 165,662 shares during the period. AXA S.A. bought a new stake in shares of TAL Education Group in the second quarter valued at approximately $284,000. Quantinno Capital Management LP grew its position in TAL Education Group by 43.1% during the second quarter. Quantinno Capital Management LP now owns 35,750 shares of the company’s stock worth $365,000 after buying an additional 10,775 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in TAL Education Group by 0.9% during the second quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock worth $2,733,000 after buying an additional 2,275 shares in the last quarter. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

(Get Free Report)

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.

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