TAL Education Group [NYSE: TAL] jumped around 0.75 points on Wednesday, while shares priced at $62.26 at the close of the session, up 1.22%. The company report on April 22, 2021 that TAL Education Group Announces Unaudited Financial Results for the Fourth Fiscal Quarter and the Fiscal Year 2021.
Quarterly Results:Net Revenues up by 58.9% Year-Over-Year for the Fourth Fiscal QuarterNon-GAAP Loss from Operations was US$216.9 million, compared to Non-GAAP Loss from Operations of US$8.4 million in the Same Period of Prior YearTotal Student Enrollments of Normal Priced Long-term Course up by 44.0% Year-Over-Year.
Fiscal Year Results:Net Revenues up by 37.3%Non-GAAP Loss from Operations was US$233.3 million, compared to Non-GAAP Income from Operations of US$255.4 million in Fiscal Year 2020Non-GAAP net income attributable to TAL, which excluded share-based compensation expenses, was US$89.0 million, compared to non-GAAP net income attributable to TAL of US$7.7 million in fiscal year 2020Quarterly Average Student Enrollments of Normal Priced Long-term Course up by 54.4% Year-Over-Year.
TAL Education Group stock is now -12.94% down from its year-to-date (YTD) trading value. TAL Stock saw the intraday high of $63.00 and lowest of $61.63 per share. The company’s 52-week high price is 90.96, which means current price is +28.29% above from all time high which was touched on 02/16/21.
Compared to the average trading volume of 4.78M shares, TAL reached a trading volume of 3470736 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about TAL Education Group [TAL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TAL shares is $86.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TAL stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for TAL Education Group shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 27, 2021. The new note on the price target was released on April 23, 2021, representing the official price target for TAL Education Group stock. Previously, the target price had yet another raise to $68, while Nomura analysts kept a Neutral rating on TAL stock.
The Average True Range (ATR) for TAL Education Group is set at 2.94, with the Price to Sales ratio for TAL stock in the period of the last 12 months amounting to 5.57. The Price to Book ratio for the last quarter was 7.62, with the Price to Cash per share for the same quarter was set at 14.75. Price to Free Cash Flow for TAL in the course of the last twelve months was 26.25 with Quick ratio for the last quarter at 2.40.
How has TAL stock performed recently?
TAL Education Group [TAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.17. With this latest performance, TAL shares gained by 19.52% in over the last four-week period, additionally sinking by -10.29% over the last 6 months – not to mention a rise of 20.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TAL stock in for the last two-week period is set at 51.17, with the RSI for the last a single of trading hit 56.70, and the three-weeks RSI is set at 47.98 for TAL Education Group [TAL]. The present Moving Average for the last 50 days of trading for this stock 66.81, while it was recorded at 61.84 for the last single week of trading, and 72.28 for the last 200 days.
TAL Education Group [TAL]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and TAL Education Group [TAL] shares currently have an operating margin of +4.80 and a Gross Margin at +55.14. TAL Education Group’s Net Margin is presently recorded at -3.37.
Return on Total Capital for TAL is now 4.61, given the latest momentum, and Return on Invested Capital for the company is -3.55. Return on Equity for this stock declined to -4.41, with Return on Assets sitting at -2.37. When it comes to the capital structure of this company, TAL Education Group [TAL] has a Total Debt to Total Equity ratio set at 60.29. Additionally, TAL Total Debt to Total Capital is recorded at 37.61, with Total Debt to Total Assets ending up at 27.23. Long-Term Debt to Equity for the company is recorded at 48.17, with the Long-Term Debt to Total Capital now at 30.05.
Reflecting on the efficiency of the workforce at the company, TAL Education Group [TAL] managed to generate an average of -$2,434 per employee. Receivables Turnover for the company is 26.23 with a Total Asset Turnover recorded at a value of 0.70.TAL Education Group’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 2.40.
Earnings analysis for TAL Education Group [TAL]
With the latest financial reports released by the company, TAL Education Group posted 0.18/share EPS, while the average EPS was predicted by analysts to be reported at 0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 350.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TAL.
Insider trade positions for TAL Education Group [TAL]
There are presently around $22,082 million, or 97.90% of TAL stock, in the hands of institutional investors. The top three institutional holders of TAL stocks are: UBS ASSET MANAGEMENT AMERICAS INC with ownership of 58,795,227, which is approximately 7.442% of the company’s market cap and around 83.90% of the total institutional ownership; MORGAN STANLEY, holding 54,362,762 shares of the stock with an approximate value of $3.38 billion in TAL stocks shares; and BAILLIE GIFFORD & CO, currently with $2.56 billion in TAL stock with ownership of nearly -1.772% of the company’s market capitalization.
Positions in TAL Education Group stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 169 institutional holders increased their position in TAL Education Group [NYSE:TAL] by around 31,430,510 shares. Additionally, 183 investors decreased positions by around 27,212,150 shares, while 34 investors held positions by with 296,035,315 shares. The mentioned changes placed institutional holdings at 354,677,975 shares, according to the latest SEC report filing. TAL stock had 41 new institutional investments in for a total of 2,754,401 shares, while 52 institutional investors sold positions of 5,074,776 shares during the same period.