TAL Education Group (TAL) Receives Consensus Rating of “Buy” from Analysts

TAL Education Group (NYSE:TAL) has been assigned a consensus recommendation of “Buy” from the eleven research firms that are presently covering the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $118.00.

Several analysts recently commented on TAL shares. Zacks Investment Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $105.00 target price on the stock in a report on Friday, March 3rd. Jefferies Group LLC raised TAL Education Group from a “hold” rating to a “buy” rating in a research note on Thursday, January 26th. Goldman Sachs Group Inc lowered TAL Education Group from a “buy” rating to a “neutral” rating and set a $133.00 price target on the stock. in a research note on Tuesday. Benchmark Co. boosted their price target on TAL Education Group to $137.00 and gave the company a “buy” rating in a research note on Thursday, April 27th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and issued a $123.00 price target on shares of TAL Education Group in a research note on Tuesday, March 28th.

Shares of TAL Education Group (NYSE:TAL) traded up 1.63% during mid-day trading on Friday, reaching $123.75. 1,098,578 shares of the company’s stock traded hands. The company has a 50 day moving average of $114.16 and a 200 day moving average of $89.40. TAL Education Group has a 12 month low of $52.03 and a 12 month high of $132.29. The company has a market cap of $10.11 billion, a price-to-earnings ratio of 95.19 and a beta of 0.34.

TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, April 27th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.09. TAL Education Group had a return on equity of 17.35% and a net margin of 11.41%. The business had revenue of $316.30 million for the quarter, compared to analysts’ expectations of $288.53 million. The firm’s revenue was up 80.7% compared to the same quarter last year. Analysts expect that TAL Education Group will post $2.07 earnings per share for the current fiscal year.

The firm also recently declared a special dividend, which will be paid on Thursday, May 25th. Shareholders of record on Thursday, May 11th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, May 9th.

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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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