TAL Education Group (TAL) Downgraded to “Strong Sell” at ValuEngine

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TAL Education Group (NYSE:TAL) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued on Friday.

A number of other brokerages have also recently weighed in on TAL. JPMorgan Chase & Co. increased their price target on shares of TAL Education Group from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 29th. Zacks Investment Research cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 12th. Finally, Morgan Stanley cut shares of TAL Education Group from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $45.26.

Shares of NYSE:TAL opened at $26.89 on Friday. The firm has a market cap of $14.47 billion, a P/E ratio of 79.09 and a beta of 0.09. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.13. TAL Education Group has a 1-year low of $25.60 and a 1-year high of $47.63.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, July 26th. The company reported $0.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.03. The firm had revenue of $550.60 million during the quarter, compared to analysts’ expectations of $511.45 million. TAL Education Group had a net margin of 12.16% and a return on equity of 17.68%. TAL Education Group’s quarterly revenue was up 71.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 EPS. research analysts expect that TAL Education Group will post 0.52 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its position in TAL Education Group by 107.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock worth $169,000 after buying an additional 2,368 shares during the last quarter. Verition Fund Management LLC purchased a new position in TAL Education Group during the 1st quarter worth $217,000. Dupont Capital Management Corp purchased a new position in TAL Education Group during the 1st quarter worth $225,000. Natixis purchased a new position in TAL Education Group during the 2nd quarter worth $224,000. Finally, Cigna Investments Inc. New purchased a new position in TAL Education Group during the 1st quarter worth $228,000. Institutional investors own 60.29% of the company’s stock.

About TAL Education Group

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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