What is the downside for TAL Education Group (Tal) stock?
On average, they anticipate TAL Education Group's stock price to reach $31.98 in the next twelve months. This suggests that the stock has a possible downside of 14.0%. View Analyst Price Targets for TAL Education Group.
What is the short-interest ratio for TAL Education Group?
Based on an average daily trading volume, of 14,480,000 shares, the short-interest ratio is currently 3.3 days. Currently, 10.9% of the company's stock are short sold. View TAL Education Group's Short Interest.
How much is a share of Tal worth?
One share of TAL stock can currently be purchased for approximately $21.94. How much money does TAL Education Group make? TAL Education Group has a market capitalization of $14.15 billion and generates $4.50 billion in revenue each year. The company earns $-115,990,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.
What's happening to China's publicly traded education stocks?
In a curious development, shares of three of China's best-known publicly traded education stocks -- TAL Education Group ( NYSE:TAL), New Oriental Education ( NYSE:EDU), and GSX Techedu ( NYSE:GOTU) -- are in freefall today. As of noon EDT on Friday, TAL stock is down 17.7%, New Oriental has fallen 20.4%, and GSX is down worst of all -- 21.4%.
Will TAL stock recover?
Like so many other stocks, TAL has come under downward pressure from the Covid-19 virus restrictions of the past year, which might be good news to investors who want it to rebound during 2021.
Is TAL a good stock to buy?
Out of 5 analysts, 2 (40%) are recommending TAL as a Strong Buy, 0 (0%) are recommending TAL as a Buy, 3 (60%) are recommending TAL as a Hold, 0 (0%) are recommending TAL as a Sell, and 0 (0%) are recommending TAL as a Strong Sell.
Will TAL shares go up?
TAL Education Group (NYSE:TAL) The 8 analysts offering 12-month price forecasts for TAL Education Group have a median target of 4.20, with a high estimate of 4.40 and a low estimate of 2.90. The median estimate represents a +6.33% increase from the last price of 3.95.
Why New Oriental Education stock is down?
Why Shares of KE Holdings, TAL Education Group, and New Oriental Education Are Falling. Many Chinese stocks trading on U.S. stock exchanges took a hit Monday, as regulators in China imposed fines on two Chinese companies and as fears over COVID-19 resurfaced in several Chinese cities.
Should I sell my TAL stock?
There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TAL Education Group stock.
Is Edu a buy?
Out of 9 analysts, 4 (44.44%) are recommending EDU as a Strong Buy, 0 (0%) are recommending EDU as a Buy, 4 (44.44%) are recommending EDU as a Hold, 1 (11.11%) are recommending EDU as a Sell, and 0 (0%) are recommending EDU as a Strong Sell.
What will happen to TAL?
Summary. TAL's decision to end the tutoring services to students from kindergarten through ninth grade (K9 Academic AST Services) is likely to disrupt its business operations in 2022.
Will China Education stocks recover?
Morgan Stanley analysts forecasted that Chinese education stocks can recover in the double-digits as it expects further government support for vocational training. It are eyeing New Oriental and TAL Education as they have “ample cash” to operate new businesses like non-academic tutoring.
Is TAL listed in Hong Kong?
It is headquartered in Beijing, China....TAL Education Group.Native name好未来HeadquartersBeijing , ChinaAreas servedMainland China Hong Kong14 more rows
Will Chinese education stocks be delisted?
Zhangmen Education (NYSE:ZME) is the latest stock to be set for delisting by NYSE Regulation, increasing worries about China-based companies on US exchanges. The delisting for Zhangmen came due to its failure to maintain a market cap of at least $15M for the 30 days.
Is New Oriental Education a buy?
There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" New Oriental Education & Technology Group stock. View analyst ratings for New Oriental Education & Technology Group or view top-rated stocks.
What happened with New Oriental Education?
New York-listed Oriental — China's largest private education company by market capitalization — was one of the most high-profile casualties of the widespread restrictions imposed on the country's $120 billion private tutoring sector, as it reeled from rules announced in July that banned for-profit, after-school ...
Is TAL stock a buy right now?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TAL Education Group in the last year. There are currently 4 sell ratings,...
Will TAL Education Group's stock price go up in 2022?
13 equities research analysts have issued twelve-month price targets for TAL Education Group's shares. Their forecasts range from $6.90 to $25.00....
How has TAL Education Group's stock price performed in 2022?
TAL Education Group's stock was trading at $3.93 at the beginning of 2022. Since then, TAL shares have increased by 12.0% and is now trading at $4....
Are investors shorting TAL Education Group?
TAL Education Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 28,970,000 shares, an i...
When is TAL Education Group's next earnings date?
TAL Education Group is scheduled to release its next quarterly earnings announcement on Monday, June 6th 2022. View our earnings forecast for TAL...
How were TAL Education Group's earnings last quarter?
TAL Education Group (NYSE:TAL) issued its quarterly earnings results on Friday, April, 29th. The company reported ($0.17) earnings per share (EPS)...
When did TAL Education Group's stock split? How did TAL Education Group's stock split work?
TAL Education Group's stock split on the morning of Wednesday, August 16th 2017. The 6-1 split was announced on Friday, January 1st 2100. The newly...
Who are TAL Education Group's key executives?
TAL Education Group's management team includes the following people: Mr. Bangxin Zhang , Co-Founder, Chairman & CEO (Age 41) Dr. Zhuangzhuang Pe...
What is Brian M. Sondey's approval rating as TAL Education Group's CEO?
3 employees have rated TAL Education Group CEO Brian M. Sondey on Glassdoor.com . Brian M. Sondey has an approval rating of 44% among TAL Educatio...
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When will TAL Education Group release earnings for 2022?
Investment company NVIT AllianzGI International Growth Fund (Current Portfolio) buys BASE Inc, sells Tencent Music Entertainment Group, TAL Education Group, Keyence Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, NVIT AllianzGI International Growth Fund.
When is the earnings conference call for TAL Education Group?
TAL Education Group updated its first quarter 2022 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $1.30 billion-$1.32 billion, compared to the consensus revenue estimate of $1.30 billion.
What does "hold" mean in TAL?
How can I listen to TAL Education Group's earnings call? TAL Education Group will be holding an earnings conference call on Thursday, August 5th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-452-5696 with passcode "4961808".
Shares of the Chinese tutoring service dipped on slowing growth in its earnings report and as accusations from a short-seller continued
A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAL, but not buy additional shares or sell existing shares. View analyst ratings for TAL Education Group or view top-rated stocks.
What happened
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman
So what
Shares of TAL Education Group ( NYSE:TAL) fell 13% in July, according to data from S&P Global Market Intelligence, as the K-12 Chinese tutoring service posted a disappointing first-quarter earnings report and was attacked by short-seller Carson Block, who accused the company of committing fraud.
Now what
Shares of TAL Education Group fell 12% on July 26, after the company's earnings report came out. The Chinese tutoring service reported another round of strong growth, with revenue up 71.1% to $550.6 million, as student enrollment was up 88.7%. That led to a 160% increase in operating income and a 132% jump in net income to $66.8 million.
Fear mounts of government interference at TAL Education Group, GSX Techedu, and New Oriental Education
Chinese companies like TAL have been vulnerable to such attacks in the past. Block shorted Sino-Forest after accusing it of fraud of 2011, and it was later delisted. Moreover, Reuters reported that Chinese educator New Oriental Education committed fraud in 2016.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
In a curious development, shares of three of China's best-known publicly traded education stocks -- TAL Education Group ( NYSE:TAL), New Oriental Education ( NYSE:EDU), and GSX Techedu ( NYSE:GOTU) -- are in freefall today. As of noon EDT on Friday, TAL stock is down 17.7%, New Oriental has fallen 20.4%, and GSX is down worst of all -- 21.4%.
Now what
To find the answer you have to go back in time by a couple of weeks when news began filtering out on Bloomberg regarding Chinese authorities conducting snap inspections of after-school tutoring institutions.
What is Zacks research?
That all changed today, however, when investment bank Jefferies reported that China may ban the use of online education for students below seven years of age, and may also ban online education companies from advertising in Chinese state-owned media.
Is TAL Education Group overbought?
Zacks. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank.
What happened
That is because TAL is now in overbought territory with an RSI value of 70.16.
So what
Shares of prominent Chinese education stocks have crashed today amid ongoing fears of a government crackdown on the sector. The market for private tutoring services has boomed in recent years, sparking concerns about the costs of raising children at a time when the Chinese government is attempting to encourage more people to have kids.
Now what
There doesn't appear to be any specific news from today that is causing the sectorwide meltdown. Rather, the weakness seems to be related to lingering concerns that the government is escalating its efforts to regulate private tutoring companies.