TAL Education Group (TAL) Scheduled to Post Quarterly Earnings on Thursday

TAL Education Group (NYSE:TAL) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.08. TAL Education Group had a return on equity of 1.46% and a net margin of 3.24%. The business had revenue of $414.19 million during the quarter, compared to analysts’ expectations of $392.39 million. During the same period in the previous year, the business posted ($0.07) earnings per share. On average, analysts expect TAL Education Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TAL Education Group Stock Up 0.7 %

TAL Education Group stock opened at $10.19 on Thursday. The stock has a 50-day simple moving average of $9.14 and a 200 day simple moving average of $10.55. TAL Education Group has a 12-month low of $7.34 and a 12-month high of $15.52. The stock has a market capitalization of $6.16 billion, a price-to-earnings ratio of -1,019.00 and a beta of 0.04.

Analysts Set New Price Targets

TAL has been the subject of a number of research analyst reports. Citigroup cut their price target on TAL Education Group from $21.30 to $13.40 and set a “buy” rating for the company in a report on Monday, August 5th. StockNews.com lowered TAL Education Group from a “hold” rating to a “sell” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $13.73.

About TAL Education Group

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.