TAL Education Group (NYSE:TAL) Cut to Sell at StockNews.com

TAL Education Group (NYSE:TAL) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

TAL Education Group Price Performance

TAL Education Group stock opened at $9.60 on Tuesday. The stock has a market capitalization of $5.81 billion, a PE ratio of 87.27 and a beta of -0.01. The business has a 50 day simple moving average of $10.04 and a 200-day simple moving average of $9.84. TAL Education Group has a 12 month low of $7.34 and a 12 month high of $15.52.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $619.36 million during the quarter, compared to analyst estimates of $609.51 million. TAL Education Group had a net margin of 3.94% and a return on equity of 1.97%. During the same quarter in the previous year, the firm earned $0.06 EPS. On average, equities research analysts anticipate that TAL Education Group will post 0.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in TAL Education Group by 2,309.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,758,735 shares of the company’s stock worth $174,743,000 after buying an additional 14,146,152 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of TAL Education Group by 108.8% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,790,900 shares of the company’s stock worth $104,084,000 after acquiring an additional 4,581,100 shares during the last quarter. FMR LLC increased its position in shares of TAL Education Group by 82,138.4% during the third quarter. FMR LLC now owns 7,224,647 shares of the company’s stock worth $85,540,000 after purchasing an additional 7,215,862 shares in the last quarter. TT International Asset Management LTD increased its position in shares of TAL Education Group by 12.9% during the fourth quarter. TT International Asset Management LTD now owns 4,896,911 shares of the company’s stock worth $49,067,000 after purchasing an additional 559,110 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in TAL Education Group by 20.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,187,028 shares of the company’s stock valued at $44,676,000 after purchasing an additional 709,845 shares during the last quarter. 37.79% of the stock is owned by hedge funds and other institutional investors.

TAL Education Group Company Profile

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.