Brokerages Expect TAL Education Group (TAL) Will Post Earnings of $0.14 Per Share

Wall Street analysts expect TAL Education Group (NYSE:TAL) to post earnings of $0.14 per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for TAL Education Group’s earnings. TAL Education Group also posted earnings per share of $0.14 during the same quarter last year. The business is expected to issue its next quarterly earnings results on Thursday, April 25th.

On average, analysts expect that TAL Education Group will report full-year earnings of $0.59 per share for the current financial year, with EPS estimates ranging from $0.56 to $0.63. For the next fiscal year, analysts expect that the business will post earnings of $0.86 per share, with EPS estimates ranging from $0.77 to $0.95. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow TAL Education Group.

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TAL Education Group (NYSE:TAL) last announced its quarterly earnings results on Thursday, January 24th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.05 by $0.16. The firm had revenue of $585.99 million for the quarter, compared to analyst estimates of $573.90 million. TAL Education Group had a return on equity of 18.88% and a net margin of 14.40%. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.09 earnings per share.

TAL has been the topic of several research reports. TheStreet lowered TAL Education Group from a “b-” rating to a “c+” rating in a research note on Tuesday, October 9th. Macquarie upgraded TAL Education Group from a “neutral” rating to an “outperform” rating in a research note on Monday, October 15th. ValuEngine upgraded TAL Education Group from a “strong sell” rating to a “sell” rating in a research note on Friday, October 26th. Nomura cut their price target on TAL Education Group from $39.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, October 26th. Finally, Citigroup upgraded TAL Education Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $41.20.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wetherby Asset Management Inc. lifted its holdings in shares of TAL Education Group by 2.9% during the fourth quarter. Wetherby Asset Management Inc. now owns 18,242 shares of the company’s stock worth $487,000 after purchasing an additional 517 shares during the period. Csenge Advisory Group acquired a new stake in shares of TAL Education Group during the third quarter worth about $27,000. Lavaca Capital LLC acquired a new stake in shares of TAL Education Group during the fourth quarter worth about $58,000. TD Asset Management Inc. lifted its holdings in shares of TAL Education Group by 13.0% during the fourth quarter. TD Asset Management Inc. now owns 19,169 shares of the company’s stock worth $511,000 after purchasing an additional 2,200 shares during the period. Finally, Quadrant Capital Group LLC lifted its holdings in shares of TAL Education Group by 246.9% during the fourth quarter. Quadrant Capital Group LLC now owns 3,309 shares of the company’s stock worth $86,000 after purchasing an additional 2,355 shares during the period. Institutional investors own 54.80% of the company’s stock.

Shares of TAL Education Group stock traded up $0.03 during trading on Friday, hitting $31.06. 4,166,792 shares of the stock traded hands, compared to its average volume of 4,803,278. The firm has a market cap of $17.59 billion, a P/E ratio of 91.35 and a beta of -0.13. TAL Education Group has a 52-week low of $21.08 and a 52-week high of $47.63.

TAL Education Group Company Profile

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

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