In recent trading session, TAL Education Group (NYSE:TAL) saw 908,460 shares changing hands with its beta currently measuring 0.25. Company’s recent per share price level of $73.93 trading at -$2.4 or -3.25% at recent trade assigns it a market valuation of $44.38 Billion. That current trading price of TAL’s stock is at a discount of -3.84% from its 52-week high price of $76.77 and is indicating a premium of 58.37% from its 52-week low price of $30.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.48 Million shares which gives us an average trading volume of 3.63 Million if we extend that period to 3-months.
For TAL Education Group (TAL), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2. Splitting up the data highlights that, out of 28 analysts covering the stock, 2 rated the stock as a Sell while none recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 23 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.03 in the current quarter.
TAL Education Group (NYSE:TAL) trade information
In the face of being in the red today for losing -2.87%, in the last five days TAL remained trading in the green while hitting it’s week-highest on Monday, Jul 06 when the stock touched $76.77- price level, adding 3.01% to its value on the day. TAL Education Group’s shares saw a change of 54.48% in year-to-date performance and have moved 2.1% in past 5-day. TAL Education Group (NYSE:TAL) showed a performance of 13.61% in past 30-days. Number of shares sold short was 8.54 Million shares which calculate 2.35 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $66.78 to the stock, which implies targetted prices is already lagging behind -9.67% to its current value. Analysts have been projecting $43.9 as a low price target for the stock while placing it at a high target of $90.7. It follows that stock’s current price would jump +22.68% in reaching the projected high whereas dropping to the targeted low would mean a loss of -40.62% for stock’s current value.
TAL Education Group (TAL) estimates and forecasts
Statistics highlight that TAL Education Group is scoring comparatively higher than the scores of other players of the relevant industry. The company added +47.84% of value to its shares in past 6 months, showing an annual growth rate of 8600% while that of industry is -12.9. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 400% in the current quarter and calculating 1250% increase in the next quarter. This year revenue growth is estimated to rise 40.5% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $887.84 Million for the same. And 10 analysts are in estimates of company making revenue of $1.27 Billion in the next quarter that will end in August 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -27.4% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -130.3% while estimates for its earnings growth in next 5 years are of 29.1%
TAL Education Group (NYSE:TAL)’s Major holders
Insiders are in possession of 0.2% of company’s total shares while institution are holding 108.29% percent of that, with stock having share float percentage of 108.51%. Investors also watch the number of corporate investors in a company very closely, which is 574 institutions for TAL Education Group that are currently holding shares of the company. Ubs Asset Management Americas Inc is the top institutional holder at TAL for having 50.47 Million shares of worth $2.69 Billion. And as of March 30, 2020, it was holding 15.16% of the company’s outstanding shares.
The second largest institutional holder is Baillie Gifford and Company, which was holding about 46.95 Million shares on March 30, 2020. The number of shares represents firm’s hold over 14.1% of outstanding shares, having a total worth of $2.5 Billion.
On the other hand, Vanguard International Growth Fund and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of February 28, 2020, the former fund manager was holding 18485132 shares of worth $1.01 Billion or 5.55% of the total outstanding shares. The later fund manager was in possession of 5.94 Million shares on April 29, 2020, making its stake of worth around $321.82 Million in the company or a holder of 1.78% of company’s stock.