TAL Education Group (NYSE:TAL – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03, RTT News reports. The firm had revenue of $619.36 million during the quarter, compared to the consensus estimate of $609.51 million. TAL Education Group had a return on equity of 1.46% and a net margin of 3.24%. During the same quarter last year, the company posted $0.06 EPS.
TAL Education Group Price Performance
TAL Education Group stock traded up $0.48 during trading hours on Friday, reaching $10.98. The company had a trading volume of 7,824,906 shares, compared to its average volume of 7,079,275. The company has a 50-day moving average price of $9.36 and a 200 day moving average price of $10.52. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 137.27 and a beta of 0.04. TAL Education Group has a 12-month low of $7.34 and a 12-month high of $15.52.
Analyst Ratings Changes
A number of analysts have recently issued reports on TAL shares. StockNews.com downgraded TAL Education Group from a “hold” rating to a “sell” rating in a research report on Monday, October 14th. Citigroup dropped their price target on TAL Education Group from $21.30 to $13.40 and set a “buy” rating for the company in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, TAL Education Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.73.
About TAL Education Group
TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.
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