TAL Education Group ADR (NYSE: TAL) Is Up 49.21% In A Month. Could There Be Any Hope That It Will Rise Soon?

During the last session, TAL Education Group ADR (NYSE:TAL)’s traded shares were 8.74 million, with the beta value of the company hitting 0.03. At the end of the trading day, the stock’s price was $11.34, reflecting an intraday gain of 2.62% or $0.29. The 52-week high for the TAL share is $15.52, that puts it down -36.86 from that peak though still a striking 35.27% gain since the share price plummeted to a 52-week low of $7.34. The company’s market capitalization is $5.18B, and the average intraday trading volume over the past 10 days was 17.58 million shares, and the average trade volume was 7.38 million shares over the past three months.

TAL Education Group ADR (TAL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.20. TAL has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.09.

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TAL Education Group ADR (NYSE:TAL) trade information

TAL Education Group ADR (TAL) registered a 2.62% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.62% in intraday trading to $11.34, hitting a weekly high. The stock’s 5-day price performance is -3.90%, and it has moved by 49.21% in 30 days. Based on these gigs, the overall price performance for the year is 26.00%. The short interest in TAL Education Group ADR (NYSE:TAL) is 27.67 million shares and it means that shorts have 6.94 day(s) to cover.

The consensus price target of analysts on Wall Street is $14.35, which implies an increase of 20.98% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.9 and $68 respectively. As a result, TAL is trading at a discount of -499.65% off the target high and 65.61% off the low.

TAL Education Group ADR (TAL) estimates and forecasts

Statistics show that TAL Education Group ADR has outperformed its competitors in share price, compared to the industry in which it operates. TAL Education Group ADR (TAL) shares have gone down -3.65% during the last six months, with a year-to-date growth rate more than the industry average at 2,700.00% against 7.50. In the rating firms’ projections, revenue will increase 40.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 604.4M as predicted by 7 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 529.7M by the end of current fiscal year.

While earnings are projected to return 830.36% in 2024.

TAL Dividends

TAL Education Group ADR is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 19.33 million shares, is of KRANE FUNDS ADVISORS LLC’s that is approximately 3.204% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $206.29 million.