In the latest trading session, 2.4 million TAL Education Group ADR (NYSE:TAL) shares changed hands as the company’s beta touched 0.05. With the company’s most recent per share price at $13.50 changing hands around $0.13 or 0.97% at last look, the market valuation stands at $6.18B. TAL’s current price is a discount, trading about -13.48% off its 52-week high of $15.32. The share price had its 52-week low at $7.34, which suggests the last value was 45.63% up since then.
Analysts gave the TAL Education Group ADR (TAL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended TAL as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. TAL Education Group ADR’s EPS for the current quarter is expected to be 0.09.
TAL Education Group ADR (NYSE:TAL) trade information
Instantly TAL is in green as seen in intraday trades today. With action -7.41%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 34.73%, with the 5-day performance at -7.41% in the red. However, in the 30-day time frame, TAL Education Group ADR (NYSE:TAL) is 12.22% up.
The consensus price target for the stock as assigned by Wall Street analysts is 14.35, meaning bulls need an upside of 5.92% from its recent market value. According to analyst projections, TAL’s forecast low is 3.9 with 68 as the target high. To hit the forecast high, the stock’s price needs a -403.7% plunge from its current level, while the stock would need to tank 71.11% for it to hit the projected low.
TAL Education Group ADR (TAL) estimates and forecasts
Year-over-year growth is forecast to reach 52.50% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 639.89M. 2 analysts are of the opinion that TAL Education Group ADR’s revenue for the current quarter will be 615.14M. The company’s revenue for the corresponding quarters a year ago was 429.56M and 414.19M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 48.96%. The estimates for the next quarter sales put growth at 48.52%.
The 2025 estimates are for TAL Education Group ADR earnings to increase by 2393.48%.
TAL Education Group ADR (NYSE:TAL)’s Major holders
KRANE FUNDS ADVISORS LLC holds the second largest percentage of outstanding shares, with 3.1969% or 19.33 million shares worth $206.29 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx. With 16.75 shares estimated at $228.77 million under it, the former controlled 2.77% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 0.96% of the shares, roughly 5.81 shares worth around $79.28 million.
