Investors Sell TAL Education Group (TAL) on Strength (TAL)

Traders sold shares of TAL Education Group (NYSE:TAL) on strength during trading hours on Tuesday. $8.59 million flowed into the stock on the tick-up and $29.43 million flowed out of the stock on the tick-down, for a money net flow of $20.84 million out of the stock. Of all companies tracked, TAL Education Group had the 30th highest net out-flow for the day. TAL Education Group traded up $0.03 for the day and closed at $29.43

TAL has been the topic of several research analyst reports. Bank of America reiterated a “buy” rating and issued a $40.30 price objective (up from $29.10) on shares of TAL Education Group in a report on Monday, September 25th. Jefferies Group raised their target price on shares of TAL Education Group to $35.00 and gave the stock a “buy” rating in a research note on Monday, August 28th. Macquarie lowered shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Friday, October 27th. Zacks Investment Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research note on Thursday, October 26th. Finally, ValuEngine lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. TAL Education Group has a consensus rating of “Buy” and a consensus price target of $31.16.

The stock has a market cap of $14,380.00, a PE ratio of 117.72, a P/E/G ratio of 1.37 and a beta of 0.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.14 and a current ratio of 1.14.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, October 26th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). The firm had revenue of $455.80 million for the quarter, compared to analysts’ expectations of $441.18 million. TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The firm’s revenue was up 68.1% on a year-over-year basis. equities research analysts forecast that TAL Education Group will post 0.37 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Penserra Capital Management LLC purchased a new stake in TAL Education Group in the second quarter valued at approximately $122,000. Nippon Life Insurance Co. raised its position in TAL Education Group by 500.0% in the third quarter. Nippon Life Insurance Co. now owns 3,708 shares of the company’s stock valued at $125,000 after purchasing an additional 3,090 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in TAL Education Group in the second quarter valued at approximately $153,000. Tower Research Capital LLC TRC purchased a new stake in TAL Education Group in the second quarter valued at approximately $154,000. Finally, Envestnet Asset Management Inc. raised its position in TAL Education Group by 531.0% in the third quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock valued at $166,000 after purchasing an additional 4,131 shares during the period. 51.22% of the stock is currently owned by institutional investors.

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About TAL Education Group

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

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