Economy

Penserra Capital Management LLC Purchases 76806 Shares of TAL Education Group (TAL)

While the stock price moved along with the volume change, shares are touching $7.58. The stock of TAL Education Group (ADR) (NYSE:TAL) earned "Outperform" rating by Credit Agricole on Friday, April 29. Through www.xueersi.com, the Company offers online courses on mathematics, English, Chinese, physics, chemistry, biology and other subjects. Its extensive network consists of learning centers and service centers in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin and Wuhan, as well as the Company's online platform.

TAL Education Group (TAL) opened at 28.01 on Monday.

Other research analysts also recently issued reports about the company. Presently, Tal Education Group (TAL) has a 14-day Commodity Channel Index (CCI) of -139.31. They set a neutral rating and a $25.00 target price on the stock. Jefferies Group LLC reissued a "buy" rating and set a $29.33 price target on shares of TAL Education Group in a report on Monday, July 31st. Benchmark maintained the shares of TAL in report on Friday, April 28 with "Buy" rating. They set an overweight rating and a $37.00 target price on the stock. TAL Education Group's beta is 0.27 whilst the stock has an average true range (ATR) of 1.81. The stock has relative volume of 2.94. The company now has an average rating of "Buy" and an average target price of $31.16.

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 stock exchanged hands with 12,589,788 numbers of shares compared to its average daily volume of 4.33M shares. The stock was trading at a distance of -22.54% from its 52-week highs and stands 155.24% away from its 52-week lows.

TAL Education Group (NYSE:XRS) last released its quarterly earnings data on Thursday, October 27th. The analysts estimated EPS for the higher end at 0.05 and lower end at 0.05 while the year ago reported earnings per share was 0. Benchmark maintained TAL Education Group (ADR) (NYSE:TAL) rating on Wednesday, April 19. The company's quarterly revenue was up 68.1% on a year-over-year basis. A month ago, they told us to expect earnings of US$0.11 per share while three months ago their EPS consensus estimate was US$0.11. Equities research analysts anticipate that TAL Education Group will post $0.34 EPS for the current year. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and worldwide trademark and copyright law. The original version of this report can be accessed at https://baseballnewssource.com/markets/zacks-investment-research-upgrades-tal-education-group-tal-to-strong-buy/1737268.html.

The ratios of the return on assets (ROA) and the return on owner's equity (ROE) are the most used profitability ratios in the analysis while ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. For the week, the stock is performing -19.77%. Xact Kapitalforvaltning AB bought a new position in TAL Education Group in the 2nd quarter worth approximately $734,000. During the same period past year, the firm earned $0.78 earnings per share. OLD National Bancorp IN purchased a new stake in TAL Education Group during the 3rd quarter valued at about $206,000. Finally, BARING ASSET MANAGEMENT Ltd lifted its position in shares of TAL Education Group by 411.0% during the third quarter. Over the past month the firm's stock is 2.76%, 7.72% for the last quarter, -8.97% for the past six-months and 24.36% for the previous year. The company has the market capitalization of $13.85B while its P/B ratio was 20.30.



Like this

Latest


31 October 2017
Angelique Kerber to face Russian Pavlyuchenkova — WTA Elite Trophy
Her season started going downhill from the second part of the year onwards, reaching just one quarterfinal in the past few months.

31 October 2017
Cardi B & Migos' Offset Get Engaged
I could always ask him, 'Do you think this is OK to do? See video of Cardi's engagement here, and check out her bling below. The duo have already been through their fair share of relationship ups and downs, including seemingly splitting in October.

31 October 2017
Florida man tells police mutilated body is blow-up doll
He said "there was a life-size blow-up doll in the closet, and that the doll is made of flesh", according to the police report. Police said Jerome Wright also repeatedly said that "if you find something in my room its from the internet".

31 October 2017
Brokers Add To Their Ratings On Las Vegas Sands Corp. (NYSE:LVS)
Company's EPS for the past five years is valued at 6.1%, leading it to an EPS value of 2.8% for the next five years. Therefore 24% are positive. (NYSE: LVS ) has "Neutral" rating given on Thursday, August 11 by Buckingham Research.

31 October 2017
Warriors' Steve Kerr: White House visit 'would have been awkward, for sure'
I'm not going anywhere". "I would expect him to be our coach for a long time", Joe Lacob told The Athletic . I love living here, I love the Warriors , I love working with Bob and Joe.

31 October 2017
First Solar, Inc. (FSLR) Position Boosted by The Manufacturers Life Insurance Company
The solar cell manufacturer reported $1.95 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.84 by $1.11. Following the sale, the chief operating officer now owns 23,646 shares in the company, valued at approximately $1,175,915.58.

31 October 2017
Financial Watchlist of Morgan Stanley (NYSE:MS)
Creative Planning decreased its stake in Morgan Stanley (MS ) by 17.86% based on its latest 2017Q2 regulatory filing with the SEC. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website .

31 October 2017
Segment Wealth Management LLC Purchases 1420 Shares of PayPal Holdings, Inc. (PYPL)
ILLEGAL ACTIVITY WARNING: This article was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

31 October 2017
Liberty Global PLC (LBTYB) Set to Announce Earnings on Wednesday
New Mountain Vantage Advisers Llc increased Liberty Global Plc (LBTYA) stake by 6.89% reported in 2017Q2 SEC filing. The Lower end of the earnings estimate is $-0.12, while the higher end of the earnings estimate is $1.45.

31 October 2017
Sells 1516 Shares of IAC/InterActiveCorp (NASDAQ:IAC)
Currently, 171.74 million total shares are owned by the public and among those 149.13 million shares have been available to trade. Moreover, Steadfast Capital Mngmt Ltd Partnership has 4.56% invested in IAC InterActiveCorp (NASDAQ:IAC) for 2.41M shares.



Recommended