So Far This Year, TAL Education Group (TAL) Reached A New High 1 time

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As of Wednesday close, TAL Education Group’s (NYSE:TAL) stock was up $0.31, moving up 6.09 percent to $5.40. The average number of shares traded per day over the past five days has been 5,888,520 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.02 fall in that time frame. In the last twenty days, the average volume was 6,222,145, while in the previous 50 days, it was 5,569,570.

Since last month, TAL stock rose 59.76%. Shares of the company fell to $2.81 on 10/24/22, the lowest level in the past month. A 52-week high of $6.72 was reached on 08/30/22 after having rallying from a 52-week low of $1.60. Since the beginning of this year, TAL’s stock price has risen by 37.40% or $1.47, and marked a new high 10 times. However, the stock has declined by -19.64% since its 52-week high.


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Valuation Metrics

The stock’s beta is -0.10. Besides these, the trailing price-to-sales (P/S) ratio of 1.29, the price-to-book (PB) ratio of 0.89.

The latest dividend of $0.0833 per share was paid out, which is -7.44% less than last year’s $0.09.

Financial Health

In the three months ended May 30, TAL Education Group’s quick ratio stood at 4.60, while its current ratio was 4.60, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 55.60% percent. In the year ended May 30, operating margins totaled -10.40%. Based on annual data, TAL earned $2.19 billion in gross profit and brought in $4.39 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -31.90%. Return on equity (ROE) for the past 12 months was -6.30%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TAL’s revenue fell -2.39% during the quarter, while net income inched up to $4.39 billion. While analysts expected TAL Education Group to report -$0.05 quarterly earnings, the actual figure was -$0.03 per share. During the quarter, the company generated $14.89 million in EBITDA. The liabilities of TAL Education Group were 879.68 million at the end of its most recent quarter ended May 30, and its total debt was $177.92 million.

Technical Picture

This quick technical analysis looks at TAL Education Group’s (TAL) price momentum. With a historical volatility rate of 89.82%, the RSI 9-day stood at 57.94% on 23 November.

With respect to its five-day moving average, the current TAL Education Group price is down by -0.37% percent or -$0.02. At present, TAL shares trade +34.66% above its 20-day simple moving average and +7.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.53% below its SMA50 and +59.29% above its SMA200.

Stochastic coefficient K was 46.61% and Stochastic coefficient D was 53.92%, while ATR was 0.44. Given the Stochastic reading of 65.25% for the 14-day period, the RSI (14) reading has been calculated as 57.04%. As of today, the MACD Oscillator reading stands at -0.10, while the 14-day reading stands at -0.05.

Analyst Ratings

UBS upgraded its rating on TAL Education Group (NYSE: TAL) to a Buy in a note to investors on November 03, 2022. The analysts firm previously had a Neutral rating on the stock.TAL Education Group (TAL) has been rated Overweight by analysts. According to 0 brokerage firms, TAL is a sell, and 3 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate TAL Education Group stock as buy, with 6 recommending it as overweight.

With a median target price of $6.30, the current consensus forecast for the stock is $4.70 – $7.70. Based on these forecasts, analysts predict TAL Education Group (TAL) will achieve an average price target of $6.08.

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