TAL Education Group (NYSE:TAL) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Saturday.

TAL has been the subject of a number of other reports. JPMorgan Chase & Co. raised their price objective on shares of TAL Education Group from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, July 27th. Morgan Stanley downgraded shares of TAL Education Group from an “overweight” rating to an “equal weight” rating in a report on Friday, June 29th. Zacks Investment Research downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Thursday, July 12th. Finally, Benchmark raised their price objective on shares of TAL Education Group from $37.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, April 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $42.61.

NYSE:TAL opened at $31.12 on Friday. The stock has a market cap of $16.91 billion, a PE ratio of 91.53 and a beta of 0.18. TAL Education Group has a 52 week low of $25.60 and a 52 week high of $47.63. 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 (NYSE:TAL) last released its quarterly earnings data on Thursday, July 26th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The company had revenue of $550.60 million during the quarter, compared to the consensus estimate of $511.45 million. TAL Education Group had a net margin of 12.16% and a return on equity of 17.68%. The firm’s revenue for the quarter was up 71.0% compared to the same quarter last year. During the same period last year, the firm earned $0.43 EPS. equities research analysts expect that TAL Education Group will post 0.52 EPS for the current year.

A number of hedge funds have recently made changes to their positions in the stock. Global X Management Co LLC lifted its holdings in TAL Education Group by 11.8% during the 2nd quarter. Global X Management Co LLC now owns 510,404 shares of the company’s stock valued at $18,783,000 after purchasing an additional 53,857 shares during the last quarter. Yiheng Capital LLC lifted its holdings in TAL Education Group by 13.9% during the 2nd quarter. Yiheng Capital LLC now owns 2,870,304 shares of the company’s stock valued at $105,627,000 after purchasing an additional 350,000 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in TAL Education Group by 933.9% during the 2nd quarter. Advisors Asset Management Inc. now owns 70,432 shares of the company’s stock valued at $235,000 after purchasing an additional 63,620 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. lifted its holdings in TAL Education Group by 73.1% during the 2nd quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 9,000 shares of the company’s stock valued at $331,000 after purchasing an additional 3,800 shares during the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its holdings in TAL Education Group by 40.7% during the 2nd quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 1,383,400 shares of the company’s stock valued at $50,909,000 after purchasing an additional 400,000 shares during the last quarter. 58.60% of the stock is owned by hedge funds and other institutional investors.

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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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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