TAL Education Group (NYSE:TAL – Get Free Report) was the recipient of some unusual options trading on Wednesday. Traders purchased 65,134 put options on the company. This is an increase of approximately 1,339% compared to the average daily volume of 4,527 put options.
TAL Education Group Trading Up 2.8 %
Shares of NYSE TAL opened at $10.50 on Friday. The company has a market cap of $6.35 billion, a price-to-earnings ratio of 131.20 and a beta of 0.04. TAL Education Group has a 12-month low of $7.34 and a 12-month high of $15.52. The stock’s 50 day simple moving average is $9.29 and its 200 day simple moving average is $10.53.
TAL Education Group (NYSE:TAL – Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.08. The business had revenue of $414.19 million for the quarter, compared to the consensus estimate of $392.39 million. TAL Education Group had a return on equity of 1.46% and a net margin of 3.24%. During the same quarter last year, the business posted ($0.07) EPS. As a group, equities analysts forecast that TAL Education Group will post 0.1 earnings per share for the current fiscal year.
Institutional Trading of TAL Education Group
Analysts Set New Price Targets
TAL has been the subject of a number of recent research reports. StockNews.com lowered TAL Education Group from a “hold” rating to a “sell” rating in a research note on Monday, October 14th. Citigroup lowered their price objective on TAL Education Group from $21.30 to $13.40 and set a “buy” rating for the company in a research note on Monday, August 5th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $13.73.
Read Our Latest Stock Analysis on TAL
TAL Education Group Company Profile
TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.
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