In today’s recent session, 6.91 million shares of the TAL Education Group ADR (NYSE:TAL) have been traded, and its beta is 0.06. Most recently the company’s share price was $14.68, and it changed around $0.68 or 4.87% from the last close, which brings the market valuation of the company to $6.73B. TAL at last check was trading at a discount to its 52-week high of $15.52, offering almost -5.72% off that amount. The share price’s 52-week low was $7.34, which indicates that the recent value has risen by an impressive 50.0% since then. We note from TAL Education Group ADR’s average daily trading volume that its 10-day average is 7.85 million shares, with the 3-month average coming to 7.20 million.
TAL Education Group ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 1 recommended TAL as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight. TAL Education Group ADR is expected to report earnings per share of 0.09 for the current quarter.
TAL Education Group ADR (NYSE:TAL) trade information
Instantly TAL has been showing a green trend so far today with a performance of 4.87% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.86 on recent trading dayincreased the stock’s daily price by 1.21%. The company’s shares are currently up 46.52% year-to-date, but still up 19.75% over the last five days. On the other hand, TAL Education Group ADR (NYSE:TAL) is 56.68% up in the 30-day period. We can see from the shorts that 44.97 million shares have been sold at a short interest cover period of 8.57 day(s).
The consensus price target as assigned by Wall Street analysts is $14.35, which translates to bulls needing to decrease their stock price by -2.3% from its current value. Analyst projections state that TAL is forecast to be at a low of $3.9 and a high of $68.
TAL Education Group ADR (TAL) estimates and forecasts
The year-over-year growth rate is expected to be 52.50%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 639.89M in revenue for the current quarter. 2 analysts expect TAL Education Group ADR to make 615.14M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 429.56M and 414.19M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 48.96%. Forecasts for the next quarter put sales growth at 48.52%.
TAL Education Group ADR (NYSE:TAL)’s Major holders
KRANE FUNDS ADVISORS LLC, with 3.204% or 19.33 million shares worth $206.29 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx were the top two Mutual Funds as of Sep 30, 2024. The former held 16.75 shares worth $245.19 million, making up 2.77% of all outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held roughly 5.81 shares worth around $84.97 million, which represents about 0.96% of the total shares outstanding.
