Traders Sell Shares of 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 stocks tracked, TAL Education Group had the 0th highest net out-flow for the day. TAL Education Group traded up $0.03 for the day and closed at $29.43

A number of analysts have weighed in on TAL shares. Bank of America reaffirmed a “buy” rating and set a $40.30 price objective (up from $29.10) on shares of TAL Education Group in a research report on Monday, September 25th. Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Zacks Investment Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a research report on Thursday, October 26th. Finally, ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $31.16.

The stock has a market cap of $14,380.00, a price-to-earnings ratio of 119.48, a P/E/G ratio of 1.37 and a beta of 0.17. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The firm had revenue of $455.80 million for the quarter, compared to analyst estimates of $441.18 million. TAL Education Group had a return on equity of 18.17% and a net margin of 9.90%. The firm’s revenue was up 68.1% compared to the same quarter last year. sell-side analysts predict that TAL Education Group will post 0.37 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the stock. Baillie Gifford & Co. increased its position in TAL Education Group by 530.5% during the third quarter. Baillie Gifford & Co. now owns 23,724,100 shares of the company’s stock worth $799,739,000 after buying an additional 19,961,398 shares in the last quarter. Greenwoods Asset Management Ltd grew its position in shares of TAL Education Group by 474.7% in the third quarter. Greenwoods Asset Management Ltd now owns 6,626,686 shares of the company’s stock valued at $223,386,000 after purchasing an additional 5,473,555 shares during the period. Principal Financial Group Inc. grew its position in shares of TAL Education Group by 501.8% in the third quarter. Principal Financial Group Inc. now owns 4,816,308 shares of the company’s stock valued at $162,358,000 after purchasing an additional 4,015,962 shares during the period. Thornburg Investment Management Inc. grew its position in shares of TAL Education Group by 1,386.4% in the third quarter. Thornburg Investment Management Inc. now owns 3,353,831 shares of the company’s stock valued at $113,058,000 after purchasing an additional 3,128,201 shares during the period. Finally, Gilder Gagnon Howe & Co. LLC grew its position in shares of TAL Education Group by 1,096.6% in the third quarter. Gilder Gagnon Howe & Co. LLC now owns 2,530,746 shares of the company’s stock valued at $85,311,000 after purchasing an additional 2,319,259 shares during the period. 51.22% of the stock is owned by hedge funds and other institutional investors.

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TAL Education Group Company Profile

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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