TAL Education Group ADR (NYSE: TAL) is -8.58% lower on its value in year-to-date trading and has touched a low of $7.34 and a high of $15.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TAL stock was last observed hovering at around $8.93 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $9.16, the stock is -16.12% and -26.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.79 million and changing 2.58% at the moment leaves the stock -14.31% off its SMA200. TAL registered -24.86% loss for a year compared to 6-month gain of -19.58%. The firm has a 50-day simple moving average (SMA 50) of $12.526 and a 200-day simple moving average (SMA200) of $10.6895.
The stock witnessed a -32.05% loss in the last 1 month and extending the period to 3 months gives it a -21.64%, and is -6.53% 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 6.46% over the week and 6.37% over the month.
TAL Education Group ADR (TAL) has around 15000 employees, a market worth around $4.20B and $2.25B in sales. Current P/E ratio is 66.67 and Fwd P/E is 15.90. Profit margin for the company is 3.76%. Distance from 52-week low is 24.71% and -40.13% from its 52-week high. The company has generated returns on investments over the last 12 months (2.11%).
The EPS is expected to grow by 165.27% this year.
TAL Education Group ADR (TAL) Top Institutional Holders
384.0 institutions hold shares in TAL Education Group ADR (TAL), with institutional investors hold 64.01% of the company’s shares. The shares outstanding are 458.10M, and float is at 443.43M with Short Float at 6.71%. Institutions hold 64.00% of the Float.
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 3.6692% 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 3.1969 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 19.19 million shares representing 3.1739% and valued at over $204.81 million, while VANGUARD GROUP INC holds 2.6309 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).
