During the last session, TAL Education Group ADR (NYSE:TAL)’s traded shares were 28.57 million, with the beta value of the company hitting -0.02. At the end of the trading day, the stock’s price was $11.07, reflecting an intraday gain of 21.25% or $1.94. The 52-week high for the TAL share is $15.52, that puts it down -40.2 from that peak though still a striking 33.69% gain since the share price plummeted to a 52-week low of $7.34. The company’s market capitalization is $5.07B, and the average intraday trading volume over the past 10 days was 7.53 million shares, and the average trade volume was 6.43 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 0.08.
TAL Education Group ADR (NYSE:TAL) trade information
TAL Education Group ADR (TAL) registered a 21.25% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 21.25% in intraday trading to $11.07, hitting a weekly high. The stock’s 5-day price performance is 15.31%, and it has moved by 13.54% in 30 days. Based on these gigs, the overall price performance for the year is 3.94%. The short interest in TAL Education Group ADR (NYSE:TAL) is 44.97 million shares and it means that shorts have 8.57 day(s) to cover.
The consensus price target of analysts on Wall Street is $13.4, which implies an increase of 17.39% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13.4 and $13.4 respectively. As a result, TAL is trading at a discount of -21.05% off the target high and -21.05% 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 up 4.63% during the last six months, with a year-to-date growth rate more than the industry average at 2,800.00% against 18.80. In the rating firms’ projections, revenue will increase 46.69% 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 598M as predicted by 7 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 579.7M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 429.56M and 414.19M respectively. In this case, analysts expect current quarter sales to grow by 39.21% and then jump by 39.96% in the coming quarter.
While earnings are projected to return 1999.78% in 2025, the next five years will return 65.00% per annum.
TAL Dividends
TAL Education Group ADR is due to release its next quarterly earnings in February. 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.
Also, the Mutual Funds coming in first place with the largest holdings of TAL Education Group ADR (TAL) shares are KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx . Data provided on Sep 30, 2024 indicates that KraneShares CSI China Internet ETF owns about 16.75 shares. This amounts to just over 2.77 percent of the company’s overall shares, with a $185.46 million market value. The same data shows that the other fund manager holds slightly less at 5.81, or about 0.96% of the stock, which is worth about $64.27 million.
