TAL Education Group ADR (TAL) Shares Gain 10.13% Over Last Week

A share price of TAL Education Group ADR [TAL] is currently trading at $15.11, up 4.64%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TAL shares have gain 10.13% over the last week, with a monthly amount glided 28.60%, and seem to be holding up well over a long-time horizon.

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On 25, January 2024, TAL Education Group Announces Unaudited Financial Results for the Third Fiscal Quarter Ended November 30, 2023. In a post published today on Yahoo Finance, TAL Education Group (NYSE: TAL) (“TAL” or the “Company”), a smart learning solutions provider in China, today announced its unaudited financial results for the third quarter of fiscal year 2024 ended November 30, 2023.

From an analyst’s perspective:

TAL Education Group ADR [NYSE: TAL] stock has seen the most recent analyst activity on January 26, 2024, when CLSA upgraded its rating to a Buy. Previously, JP Morgan upgraded its rating to Overweight on January 25, 2024, and elevated its price target to $15. On November 24, 2023, Goldman initiated with a Buy rating. Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $10.50 on November 07, 2023. UBS upgraded its rating to a Buy but $11.60 remained the price target by the analyst firm on October 16, 2023. UBS downgraded its rating to Neutral for this stock on May 01, 2023, but kept the price target unchanged to $6.20. In a note dated April 13, 2023, Daiwa Securities upgraded an Buy rating on this stock.

TAL Education Group ADR experienced fluctuations in its stock price throughout the past year between $5.09 and $15.52. Currently, Wall Street analysts expect the stock to reach $25.58 within the next 12 months. TAL Education Group ADR [NYSE: TAL] shares were valued at $15.11 at the most recent close of the market. An investor can expect a potential return of 69.29% based on the average TAL price forecast.

Analyzing the TAL fundamentals

Trailing Twelve Months sales for TAL Education Group ADR [NYSE:TAL] were 1.33B which represents 60.52% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.50 points at the first support level, and at 13.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.51, and for the 2nd resistance point, it is at 15.91.

TAL Education Group ADR [TAL] reported earnings per share of $0 for its fiscal quarter that ended on 11/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.02/share, meaning a difference of -$0.02 and a surprise factor of -100.00%. By comparison, the stated earnings for the previous quarter ended on 8/30/2023 were $0.1 per share as compared to estimates of $0.09 per share, a difference of $0.01 representing a surprise of 11.10%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for TAL Education Group ADR [NYSE:TAL] is 3.22. Further, the Quick Ratio stands at 3.17, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 5.58, the price to book ratio is 2.05.

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