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

Shares of TAL Education Group (NYSE:TAL) hit a new 52-week low on Tuesday . The company traded as low as $8.93 and last traded at $9.5050, with a volume of 6201905 shares. The stock had previously closed at $9.19.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of TAL Education Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Finally, Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. One equities research 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 company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $13.77.

TAL Education Group Trading Down 2.7%

The business has a 50-day moving average of $10.43 and a 200 day moving average of $10.94. The firm has a market capitalization of $5.59 billion, a PE ratio of 9.88, a price-to-earnings-growth ratio of 0.81 and a beta of 0.04.

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

Insider Buying and Selling

In other TAL Education Group news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $10.86, for a total value of $868,800.00. Following the transaction, the insider directly owned 45,144 shares in the company, valued at $490,263.84. The trade was 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 Investors Weigh In On TAL Education Group

Several large investors have recently modified their holdings of TAL. AQR Capital Management LLC bought a new stake in shares of TAL Education Group in the 1st quarter worth approximately $258,000. State Street Corp grew its holdings in TAL Education Group by 2.2% during the second quarter. State Street Corp now owns 7,536,671 shares of the company’s stock valued at $77,025,000 after purchasing an additional 165,662 shares during the period. AXA S.A. purchased a new stake in TAL Education Group in the second quarter worth $284,000. Quantinno Capital Management LP increased its position in TAL Education Group by 43.1% in 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 during the last quarter. Finally, California State Teachers Retirement System raised its stake in shares of TAL Education Group by 0.9% in the second quarter. California State Teachers Retirement System now owns 267,434 shares of the company’s stock valued at $2,733,000 after buying an additional 2,275 shares during the period. Hedge funds and other institutional investors own 37.79% of the company’s stock.

About TAL Education Group

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.