TAL Education Group ADR (NYSE: TAL) closed the day trading at $14.44 up 1.62% from the previous closing price of $14.21. In other words, the price has increased by $+0.23 from its previous closing price. On the day, 7091789 shares were traded. TAL stock price reached its highest trading level at $15.32 during the session, while it also had its lowest trading level at $14.30.
Ratios:
For a better understanding of TAL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.17 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 25, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $10 to $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAL now has a Market Capitalization of 9.22B and an Enterprise Value of 6.27B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.33 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 4.71 whereas that against EBITDA is -51.55.
Stock Price History:
Over the past 52 weeks, TAL has reached a high of $15.52, while it has fallen to a 52-week low of $5.09. The 50-Day Moving Average of the stock is 12.31, while the 200-Day Moving Average is calculated to be 8.85.
Shares Statistics:
Over the past 3-months, TAL traded about 8.20M shares per day on average, while over the past 10 days, TAL traded about 6.55M shares per day. A total of 489.49M shares are outstanding, with a floating share count of 488.58M. Insiders hold about 0.50% of the company’s shares, while institutions hold 51.75% stake in the company. Shares short for TAL as of Jan 31, 2024 were 25.15M with a Short Ratio of 3.07, compared to 31.29M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.94% and a Short% of Float of 4.32%.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.05 and a low estimate of $0.01, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of $0.
Analysts are recommending an EPS of between $0.12 and $0.04 for the fiscal current year, implying an average EPS of $0.08. EPS for the following year is $0.27, with 15 analysts recommending between $0.7 and $0.02.
Revenue Estimates
7 analysts predict $391.29M in revenue for the current quarter. It ranges from a high estimate of $403.73M to a low estimate of $376.9M. As of the current estimate, TAL Education Group ADR’s year-ago sales were $268.99M, an estimated increase of 45.50% from the year-ago figure.
A total of 18 analysts have provided revenue estimates for TAL’s current fiscal year. The highest revenue estimate was $1.46B, while the lowest revenue estimate was $1.13B, resulting in an average revenue estimate of $1.43B. In the same quarter a year ago, actual revenue was $1.02B, up 39.80% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $1.82B in the next fiscal year. The high estimate is $2.03B and the low estimate is $1.4B. The average revenue growth estimate for next year is up 27.90% from the average revenue estimate for this year.
