TAL Education Group ADR [NYSE: TAL] slipped around -0.17 points on Tuesday, while shares priced at $9.47 at the close of the session, down -1.76%. The company report on October 26, 2023 at 5:30 AM that TAL Education Group Announces Unaudited Financial Results for the Second Fiscal Quarter Ended August 31, 2023.
TAL Education Group (NYSE: TAL) (“TAL” or the “Company”), a smart learning solutions provider in China, today announced its unaudited financial results for the second quarter of fiscal year 2024 ended August 31, 2023.
TAL Education Group ADR stock is now 34.33% up from its year-to-date (YTD) trading value. TAL Stock saw the intraday high of $9.86 and lowest of $9.17 per share. The company’s 52-week high price is 10.58, which means current price is +86.23% above from all time high which was touched on 10/25/23.
Compared to the average trading volume of 6.39M shares, TAL reached a trading volume of 4989392 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 ADR [TAL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TAL shares is $10.68 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 1.73. 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.
Morgan Stanley have made an estimate for TAL Education Group ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on November 07, 2023.
The Average True Range (ATR) for TAL Education Group ADR is set at 0.53, with the Price to Sales ratio for TAL stock in the period of the last 12 months amounting to 3.90. The Price to Book ratio for the last quarter was 1.65, with the Price to Cash per share for the same quarter was set at 6.42.
How has TAL stock performed recently?
TAL Education Group ADR [TAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.32. With this latest performance, TAL shares dropped by -0.42% in over the last four-week period, additionally plugging by 58.10% over the last 6 months – not to mention a rise of 98.95% 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 55.70, with the RSI for the last a single of trading hit 55.44, and the three-weeks RSI is set at 56.41 for TAL Education Group ADR [TAL]. The present Moving Average for the last 50 days of trading for this stock 8.66, while it was recorded at 9.45 for the last single week of trading, and 7.00 for the last 200 days.
TAL Education Group ADR [TAL]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and TAL Education Group ADR [TAL] shares currently have an operating margin of -11.12 and a Gross Margin at +57.21. TAL Education Group ADR’s Net Margin is presently recorded at -13.30.
Return on Total Capital for TAL is now -2.76, given the latest momentum, and Return on Invested Capital for the company is -3.32. Return on Equity for this stock declined to -3.44, with Return on Assets sitting at -2.77. When it comes to the capital structure of this company, TAL Education Group ADR [TAL] has a Total Debt to Total Equity ratio set at 4.10. Additionally, TAL Total Debt to Total Capital is recorded at 3.94, with Total Debt to Total Assets ending up at 3.34. Long-Term Debt to Equity for the company is recorded at 3.01, with the Long-Term Debt to Total Capital now at 2.89.
Reflecting on the efficiency of the workforce at the company, TAL Education Group ADR [TAL] managed to generate an average of -$11,591 per employee. Receivables Turnover for the company is 12.65 with a Total Asset Turnover recorded at a value of 0.21.TAL Education Group ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.84 and a Current Ratio set at 3.91.
Insider trade positions for TAL Education Group ADR [TAL]
The top three institutional holders of TAL stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in TAL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in TAL stock with ownership which is approximately 5.7994%.