As of close of business last night, TAL Education Group ADR’s stock clocked out at $11.13, down -2.71% from its previous closing price of $11.44. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 1589759 shares were traded.
Ratios:
To gain a deeper understanding of TAL’s stock, we examine 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 7.11B and an Enterprise Value of 4.15B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.11 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 3.12 whereas that against EBITDA is -34.17.
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 12.57, while the 200-Day Moving Average is calculated to be 9.74.
Shares Statistics:
It appears that TAL traded 7.06M shares on average per day over the past three months and 4.31M shares per day over the past ten days. 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 52.20% stake in the company. Shares short for TAL as of Mar 15, 2024 were 24.35M with a Short Ratio of 3.45, compared to 24.93M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.81% and a Short% of Float of 4.18%.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. 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 $0.25, with 15 analysts recommending between $0.7 and $0.02.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $391.29M. 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 $1.83B 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 28.60% from the average revenue estimate for this year.
