TAL Education Group ADR (NYSE:TAL)’s traded shares stood at 1.51 million during the latest session, with the company’s beta value hitting 0.00. At the last check today, the stock’s price was $13.02, to imply a decrease of -6.84% or -$0.95 in intraday trading. The TAL share’s 52-week high remains $15.30, putting it -17.51% down since that peak but still an impressive 43.63% since price per share fell to its 52-week low of $7.34. The company has a valuation of $5.96B, with an average of 5.57 million shares in intraday trading volume over the past 10 days and average of 7.20 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for TAL Education Group ADR (TAL), translating to a mean rating of 1.22. Of 10 analyst(s) looking at the stock, 0 analyst(s) give TAL a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.09.
TAL Education Group ADR (NYSE:TAL) trade information
After registering a -6.84% downside in the latest session, TAL Education Group ADR (TAL) has traded red over the past five days. The 5-day price performance for the stock is -2.14%, and -9.30% over 30 days. With these gigs, the year-to-date price performance is 29.89%. Short interest in TAL Education Group ADR (NYSE:TAL) saw shorts transact 42.35 million shares and set a 5.17 days time to cover.
The extremes give us $3.9 and $68 for target low and target high price respectively. As such, TAL has been trading -422.27% off suggested target high and 70.05% from its likely low.
TAL Education Group ADR (TAL) estimates and forecasts
The rating firms project that company’s revenue will grow 52.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 639.89M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 615.14M.Earnings reports from the last fiscal year show that sales brought in 429.56M and 414.19M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 48.96% before jumping 48.52% in the following quarter.
TAL Dividends
TAL Education Group ADR has its next earnings report out on 2025-Jan-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
TAL Education Group ADR (NYSE:TAL)’s Major holders
TAL Education Group ADR insiders hold 0.00% of total outstanding shares, with institutional holders owning 64.34% of the shares at 64.34% float percentage. In total, 64.34% institutions holds shares in the company, led by MORGAN STANLEY. As of 2024-06-30, the company held over 22.19 million shares (or 3.6692% of shares), all amounting to roughly $236.77 million.
The next major institution holding the largest number of shares is KRANE FUNDS ADVISORS LLC with 19.33 million shares, or about 3.1969% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $206.29 million.
We also have KraneShares CSI China Internet ETF and Vanguard Total International Stock Index Fund as the top two Mutual Funds with the largest holdings of the TAL Education Group ADR (TAL) shares. Going by data provided on Dec 31, 2024, KraneShares CSI China Internet ETF holds roughly 17.71 shares. This is just over 2.93% of the total shares, with a market valuation of $232.66 million. Data from the same date shows that the other fund manager holds a little less at 5.81, or 0.96% of the shares, all valued at about 76.26 million.
