TAL Education Group (NYSE:TAL) Shares Down 5.8% – Should You Sell?

TAL Education Group (NYSE:TAL) shares dropped 5.8% during trading on Monday . The company traded as low as $11.71 and last traded at $11.7750. Approximately 1,114,919 shares changed hands during trading, a decline of 71% from the average daily volume of 3,891,958 shares. The stock had previously closed at $12.50.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on TAL shares. New Street Research set a $13.60 price target on TAL Education Group in a research note on Friday. Zacks Research cut TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Wall Street Zen downgraded TAL Education Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings raised TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. Finally, Jefferies Financial Group started coverage on TAL Education Group in a research report on Friday. They set a “hold” rating for the company. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $14.80.

TAL Education Group Stock Performance

The firm has a market capitalization of $6.64 billion, a price-to-earnings ratio of 7.45, a price-to-earnings-growth ratio of 1.03 and a beta of 0.13. The company has a 50-day moving average of $10.02 and a 200-day moving average of $10.77.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.46. The company had revenue of $758.38 million during the quarter, compared to the consensus estimate of $719.40 million. TAL Education Group had a net margin of 28.43% and a return on equity of 24.55%. As a group, analysts anticipate that TAL Education Group will post 0.86 EPS for the current fiscal year.

Insider Buying and Selling at TAL Education Group

In other news, insider Alex Zhuangzhuang Peng sold 30,000 shares of TAL Education Group stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $12.28, for a total value of $368,400.00. Following the sale, the insider directly owned 15,144 shares in the company, valued at $185,968.32. This trade represents a 66.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.81% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TAL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of TAL Education Group in the 4th quarter valued at about $213,329,000. Vanguard Group Inc. raised its stake in shares of TAL Education Group by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 17,671,668 shares of the company’s stock worth $192,798,000 after purchasing an additional 277,473 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of TAL Education Group by 14.3% in the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock valued at $143,701,000 after buying an additional 1,759,945 shares during the last quarter. Tiger Pacific Capital LP grew its stake in shares of TAL Education Group by 6.2% in the second quarter. Tiger Pacific Capital LP now owns 9,233,398 shares of the company’s stock valued at $94,365,000 after buying an additional 541,919 shares in the last quarter. Finally, State Street Corp raised its position in TAL Education Group by 3.5% during the fourth quarter. State Street Corp now owns 7,818,834 shares of the company’s stock worth $85,303,000 after acquiring an additional 265,138 shares in the last quarter. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Company Profile

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.