Stock Market Recap: TAL Education Group ADR (TAL) Concludes at 12.19, a 2.01 Surge/Decline

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After finishing at $11.95 in the prior trading day, TAL Education Group ADR (NYSE: TAL) closed at $12.19, up 2.01%. In other words, the price has increased by $2.01 from its previous closing price. On the day, 4.74 million shares were traded. TAL stock price reached its highest trading level at $12.68 during the session, while it also had its lowest trading level at $11.985.

Ratios:

Our goal is to gain a better understanding of TAL by taking a closer 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 7783887872 and an Enterprise Value of -587263936. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.50 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at -0.442 whereas that against EBITDA is 3.38.

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 -3.24%, while the 200-Day Moving Average is calculated to be 20.66%.

Shares Statistics:

The stock has traded on average 7.25M shares per day over the past 3-months and 7594470 shares per day over the last 10 days, according to various share statistics. A total of 489.49M shares are outstanding, with a floating share count of 488.54M. Insiders hold about 0.51% of the company’s shares, while institutions hold 52.28% stake in the company. Shares short for TAL as of 1711584000 were 20058176 with a Short Ratio of 2.77, compared to 1709164800 on 25637604. Therefore, it implies a Short% of Shares Outstanding of 20058176 and a Short% of Float of 3.45.

Earnings Estimates

The market rating for TAL Education Group ADR (TAL) is a result of the insights provided by 4.0 analysts actively involved in the assessment.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 $0.0.

Analysts are recommending an EPS of between $0.1 and $0.04 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.25, with 15.0 analysts recommending between $0.7 and $0.02.

Revenue Estimates

7 analysts predict $389.78M in revenue for the current quarter. It ranges from a high estimate of $401M to a low estimate of $376.9M. As of the current estimate, TAL Education Group ADR’s year-ago sales were $268.99MFor the next quarter, 7 analysts are estimating revenue of $375.99M. There is a high estimate of $402M for the next quarter, whereas the lowest estimate is $358.07M.

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 $1.02BBased on 18 analysts’ estimates, the company’s revenue will be $1.83B in the next fiscal year. The high estimate is $2.03B and the low estimate is $1.4B.

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