TAL Education Group (NYSE:TAL) Upgraded to “Strong-Buy” at Zacks Research

TAL Education Group (NYSE:TAL) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $13.77.

TAL Education Group Trading Up 2.9%

TAL stock opened at $11.16 on Wednesday. The firm has a market cap of $6.80 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.93 and a beta of 0.15. The stock’s 50 day simple moving average is $11.17 and its 200 day simple moving average is $11.33. TAL Education Group has a 12-month low of $8.63 and a 12-month high of $13.37.

Insider Buying and Selling

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $10.86, for a total transaction of $868,800.00. Following the completion of the transaction, the insider directly owned 45,144 shares in the company, valued at $490,263.84. This represents a 63.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.81% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in TAL Education Group during the 3rd quarter worth $42,000. DV Equities LLC bought a new position in shares of TAL Education Group in the fourth quarter worth $49,000. Daiwa Securities Group Inc. grew its stake in shares of TAL Education Group by 194.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock worth $63,000 after purchasing an additional 3,800 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of TAL Education Group in the first quarter worth $109,000. Finally, Hantz Financial Services Inc. grew its stake in shares of TAL Education Group by 572.7% in the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after purchasing an additional 8,229 shares in the last quarter. 37.79% of the stock is currently owned by institutional investors.

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.