TAL Education Group (NYSE:TAL) is scheduled to be releasing its earnings data before the market opens on Thursday, January 25th. Analysts expect TAL Education Group to post earnings of $0.06 per share for the quarter.
TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). TAL Education Group had a return on equity of 18.17% and a net margin of 9.90%. The company had revenue of $455.80 million for the quarter, compared to the consensus estimate of $441.18 million. TAL Education Group’s quarterly revenue was up 68.1% compared to the same quarter last year. On average, analysts expect TAL Education Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of TAL Education Group (NYSE TAL) opened at $29.72 on Thursday. 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 has a 52 week low of $12.34 and a 52 week high of $36.16. The firm has a market capitalization of $14,840.00, a P/E ratio of 118.88, a price-to-earnings-growth ratio of 1.53 and a beta of 0.19.
Several brokerages have weighed in on TAL. Bank of America reissued a “buy” rating and set a $40.30 price objective (up from $29.10) on shares of TAL Education Group in a research note on Monday, September 25th. Zacks Investment Research cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. Deutsche Bank began coverage on TAL Education Group in a research note on Thursday, January 4th. They set a “buy” rating and a $35.00 price objective on the stock. ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Finally, Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Friday, October 27th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. TAL Education Group has an average rating of “Hold” and an average price target of $31.55.
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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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