TAL Education Group ADR (NYSE: TAL) is 29.24% higher on its value in year-to-date trading and has touched a low of $7.34 and a high of $15.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TAL stock was last observed hovering at around $12.03 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $12.95, the stock is 28.89% and 29.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.82 million and changing 7.65% at the moment leaves the stock 24.14% off its SMA200. TAL registered 8.46% gain for a year compared to 6-month loss of 20.58%. The firm has a 50-day simple moving average (SMA 50) of $10.037 and a 200-day simple moving average (SMA200) of $10.43165.
The stock witnessed a 31.07% gain in the last 1 month and extending the period to 3 months gives it a 23.33%, and is 39.85% up 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 7.17% over the week and 4.68% over the month.
TAL Education Group ADR (TAL) has around 15000 employees, a market worth around $5.93B and $2.07B in sales. Current P/E ratio is 66.72 and Fwd P/E is 29.22. Profit margin for the company is 5.77%. Distance from 52-week low is 76.31% and -16.56% from its 52-week high. The company has generated returns on investments over the last 12 months (2.97%).
with sales reaching $642.37M over the same period.The EPS is expected to grow by 2297.31% this year, but quarterly earnings will post 52.53% year-over-year. Quarterly sales are estimated to grow 49.54% in year-over-year returns.
TAL Education Group ADR (TAL) Top Institutional Holders
The shares outstanding are 458.10M, and float is at 444.32M with Short Float at 9.04%.
The top institutional shareholder in the company is MORGAN STANLEY with over 22.19 million shares valued at $236.77 million. The investor’s holdings represent 3.6773% of the TAL Shares outstanding. As of 2024-06-30, the second largest holder is KRANE FUNDS ADVISORS LLC with 19.33 million shares valued at $206.29 million to account for 3.204 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 19.19 million shares representing 3.1809% and valued at over $204.81 million, while VANGUARD GROUP INC holds 2.6367 of the shares totaling 15.91 million with a market value of $169.77 million.
TAL Education Group ADR (TAL) Insider Activity
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Still, SEC filings show that on Oct 28 ’24, ZHANG KAIFU (Director) Proposed Sale 4,803 shares at an average price of $10.98 for $52737.0. The insider now directly holds shares of TAL Education Group ADR (TAL).
