TAL Education Group (NYSE: TAL) is -8.95% lower on its value in year-to-date trading and has touched a low of $44.24 and a high of $83.68 in the current 52-week trading range. The TAL stock was last observed hovering at around $66.78 in the last trading session, with the day’s loss setting it -1.67% off its average median price target of $83.00 for the next 12 months. It is also 36.17% off the consensus price target high of $102.00 offered by 34 analysts, but current levels are 6.99% higher than the price target low of $70.00 for the same period.
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Currently trading at $65.11, the stock is -5.69% and -7.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.84 million and changing -2.50% at the moment leaves the stock -4.07% off its SMA200. TAL registered 26.01% gain for a year compared to 6-month loss of -14.77%. The firm has a 50-day simple moving average (SMA 50) of $70.36 and a 200-day simple moving average (SMA200) of $73.35.
The stock witnessed a -8.46% gain in the last 1 month and extending the period to 3 months gives it a -18.37%, and is -9.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.25% over the week and 3.34% over the month.
TAL Education Group (TAL) has around 45271 employees, a market worth around $39.22B and $3.65B in sales. Current P/E ratio is 13022.00 and Fwd P/E is 56.86. Profit margin for the company is 0.20%. Distance from 52-week low is 47.17% and -22.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.10%).
TAL Education Group (TAL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for TAL Education Group (TAL) is a “Buy”. 34 analysts offering their recommendations for the stock have an average rating of 1.90, where 4 rate it as a Hold and 6 think it is a “Overweight”. 24 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
TAL Education Group is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $1.03B over the same period.The EPS is expected to shrink by -130.30% this year, but quarterly earnings will post 33.00% year-over-year.
TAL Education Group (TAL) Top Institutional Holders
650 institutions hold shares in TAL Education Group (TAL), with 498.98k shares held by insiders accounting for 0.08% while institutional investors hold 100.56% of the company’s shares. The shares outstanding are 601.18M, and float is at 376.88M with Short Float at 3.20%. Institutions hold 100.48% of the Float.
The top institutional shareholder in the company is Ubs Asset Management Americas Inc with over 54.72 million shares valued at $4.16 billion. The investor’s holdings represent 16.44% of the TAL Shares outstanding. As of Sep 29, 2020, the second largest holder is Morgan Stanley with 48.27 million shares valued at $3.67 billion to account for 14.50% of the shares outstanding. The other top investors are Baillie Gifford and Company which holds 41.85 million shares representing 12.57% and valued at over $3.18 billion, while Blackrock Inc. holds 6.11% of the shares totaling 20.33 million with a market value of $1.55 billion.
TAL Education Group (TAL): Who are the competitors?
The company’s main competitors (and peers) include ATA Creativity Global (AACG) that is trading -16.05% down over the past 12 months. China Distance Education Holdings Limited (DL) is 20.60% up on the 1-year trading charts. Short interest in the company’s stock has fallen -1.91% from the last report on Nov 12, 2020 to stand at a total of 12.3 million short shares sold with a short interest ratio of 5.55.