At the last check on Friday, TAL Education Group’s (NYSE:TAL) stock was down -$0.08, moving down -1.18 percent to $6.68. The average number of shares traded per day over the past five days has been 3,288,221 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.17 fall in that time frame. In the last twenty days, the average volume was 7,344,220, while in the previous 50 days, it was 6,682,174.
Since last month, TAL stock rose 9.69%. Shares of the company fell to $6.00 on 07/20/23, the lowest level in the past month. A 52-week high of $10.45 was reached on 01/09/23 after having rallying from a 52-week low of $2.81. Since the beginning of this year, TAL’s stock price has dropped by -5.25% or -$0.38, and marked a new high 5 times. However, the stock has declined by -36.08% since its 52-week high.
Valuation Metrics
The stock’s beta is 0.06. Besides these, the trailing price-to-sales (P/S) ratio of 4.12, the price-to-book (PB) ratio of 1.16.
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 3.50, while its current ratio was 3.60, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 54.50% percent. In the year ended May 30, EBITDA margin amounted to -7.55%, whereas operating margins totaled -11.00%. Based on annual data, TAL earned $583.41 million in gross profit and brought in $1.02 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 -2.80%. Return on equity (ROE) for the past 12 months was -3.60%.
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 quarterly earnings, the actual figure was -$0.03 per share. During the quarter, the company generated -$57.77 million in EBITDA. The liabilities of TAL Education Group were 1.09 billion at the end of its most recent quarter ended May 30, and its total debt was $164.84 million.
Technical Picture
This quick technical analysis looks at TAL Education Group’s (TAL) price momentum. With a historical volatility rate of 34.07%, the RSI 9-day stood at 43.23% on 17 August.
With respect to its five-day moving average, the current TAL Education Group price is down by -2.55% percent or -$0.17. At present, TAL shares trade +7.32% above its 20-day simple moving average and +13.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.29% above its SMA50 and +41.72% above its SMA200.
Stochastic coefficient K was 10.04% and Stochastic coefficient D was 16.49%, while ATR was 0.35. Given the Stochastic reading of 9.79% for the 14-day period, the RSI (14) reading has been calculated as 47.61%. As of today, the MACD Oscillator reading stands at -0.12, while the 14-day reading stands at -0.38.
Analyst Ratings
TAL Education Group downgraded its rating on TAL Education Group (NYSE: TAL) to a Neutral in a note to investors on May 01, 2023. The analysts firm previously had a Buy rating on the stock.TAL Education Group (TAL) has been rated Overweight by analysts. According to 0 brokerage firms, TAL is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate TAL Education Group stock as buy, with 6 recommending it as overweight.
With a median target price of $7.50, the current consensus forecast for the stock is $6.70 – $10.20. Based on these forecasts, analysts predict TAL Education Group (TAL) will achieve an average price target of $7.61.
