Analysts forecast that TAL Education Group (NYSE:TAL) will post earnings of $0.16 per share for the current quarter, Zacks reports. Zero analysts have made estimates for TAL Education Group’s earnings. TAL Education Group reported earnings per share of $0.14 during the same quarter last year, which suggests a positive year over year growth rate of 14.3%. The business is scheduled to report its next earnings report on Thursday, July 25th.

On average, analysts expect that TAL Education Group will report full year earnings of $0.83 per share for the current year, with EPS estimates ranging from $0.76 to $0.88. For the next fiscal year, analysts anticipate that the business will report earnings of $1.17 per share, with EPS estimates ranging from $1.01 to $1.27. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover TAL Education Group.

TAL Education Group (NYSE:TAL) last released its quarterly earnings data on Thursday, April 25th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.06. The business had revenue of $726.60 million during the quarter, compared to analyst estimates of $685.64 million. TAL Education Group had a return on equity of 18.28% and a net margin of 14.33%. The company’s revenue was up 44.1% compared to the same quarter last year. During the same period last year, the company posted $0.14 EPS.

TAL has been the subject of a number of research analyst reports. ValuEngine upgraded TAL Education Group from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Zacks Investment Research lowered TAL Education Group from a “buy” rating to a “hold” rating in a report on Wednesday, March 13th. Morgan Stanley upgraded TAL Education Group from an “equal weight” rating to an “overweight” rating and set a $34.90 target price for the company in a report on Monday, March 25th. Macquarie lowered TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, April 12th. Finally, Jefferies Financial Group lowered TAL Education Group from a “buy” rating to a “hold” rating and reduced their target price for the company from $37.00 to $33.00 in a report on Friday, April 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $40.32.

Shares of TAL traded down $0.18 during mid-day trading on Tuesday, reaching $36.24. The company’s stock had a trading volume of 145,892 shares, compared to its average volume of 2,713,702. The company has a fifty day moving average price of $35.67. The company has a market cap of $20.65 billion, a P/E ratio of 59.71 and a beta of 0.28. TAL Education Group has a 1 year low of $21.08 and a 1 year high of $41.60.

Institutional investors have recently bought and sold shares of the business. Nkcfo LLC acquired a new position in TAL Education Group during the first quarter worth $29,000. Commonwealth Bank of Australia increased its position in TAL Education Group by 66.7% during the fourth quarter. Commonwealth Bank of Australia now owns 1,000 shares of the company’s stock worth $26,000 after buying an additional 400 shares during the last quarter. Trustcore Financial Services LLC acquired a new position in TAL Education Group during the first quarter worth $42,000. Bremer Trust National Association acquired a new position in TAL Education Group during the fourth quarter worth $33,000. Finally, Quadrant Capital Group LLC increased its position in TAL Education Group by 39.9% during the first quarter. Quadrant Capital Group LLC now owns 4,630 shares of the company’s stock worth $166,000 after buying an additional 1,321 shares during the last quarter. 60.06% of the stock is currently owned by hedge funds and other institutional investors.

About TAL Education Group

TAL Education Group 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. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

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