In recent trading session, TAL Education Group ADR (NYSE:TAL) saw 1.1 million shares changing hands at last check today with its beta currently measuring 0.15. Company’s recent per share price level of $12.12 trading at $0.06 or 0.52% at last check today assigns it a market valuation of $5.95B. That most recent trading price of TAL’s stock is at a discount of -28.05% from its 52-week high price of $15.52 and is indicating a premium of 58.0% from its 52-week low price of $5.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.4 million shares which gives us an average trading volume of 7.54 million if we extend that period to 3-months.
TAL Education Group ADR (NYSE:TAL) trade information
Upright in the green today for gaining 0.52%, in the last five days TAL remained trading in the red while hitting it’s week-highest on Friday, 03/15/24 when the stock touched $12.12 price level, adding 3.27% to its value on the day. TAL Education Group ADR’s shares saw a change of -4.01% in year-to-date performance and have moved -3.32% in past 5-day. TAL Education Group ADR (NYSE:TAL) showed a performance of -11.12% in past 30-days. Number of shares sold short was 25.64 million shares which calculate 3.2 days to cover the short interests.
TAL Education Group ADR (TAL) estimates and forecasts
Statistics highlight that TAL Education Group ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 68.14% of value to its shares in past 6 months, showing an annual growth rate of 71.43% while that of industry is 19.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 200.00% in the current quarter and calculating 166.70% increase in the next quarter. This year revenue growth is estimated to rise 39.80% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $391.29 million for the same. And 3 analysts are in estimates of company making revenue of $373.69 million in the next quarter that will end on May 2024.
TAL Dividends
TAL Education Group ADR is more likely to be releasing its next quarterly report between April 25 and April 29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
TAL Education Group ADR (NYSE:TAL)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 52.20 percent of that, with stock having share float percentage of 52.20%. Investors also watch the number of corporate investors in a company very closely, which is 52.20% institutions for TAL Education Group ADR that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at TAL for having 19.35 million shares of worth $234.57 million. And as of Dec 30, 2023, it was holding 3.05% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 17.52 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 2.76% of outstanding shares, having a total worth of $212.48 million.
On the other hand, KraneShares CSI China Internet ETF and Vanguard International Stock Index-Emerging Markets Stk are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 15.89 million shares of worth $192.63 million or 2.51% of the total outstanding shares. The later fund manager was in possession of 6.0 million shares on Oct 30, 2023, making its stake of worth around $72.69 million in the company or a holder of 0.95% of company’s stock.
