The price of TAL Education Group ADR (NYSE: TAL) closed at $11.82 in the last session, down -3.35% from day before closing price of $12.23. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 8717117 shares were traded. TAL stock price reached its highest trading level at $12.26 during the session, while it also had its lowest trading level at $11.52.
Ratios:
We take a closer look at TAL’s different ratios to gain a better understanding of the stock. 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 7.55B and an Enterprise Value of 4.59B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 3.45 whereas that against EBITDA is -37.79.
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 12.56, while the 200-Day Moving Average is calculated to be 9.24.
Shares Statistics:
According to the various share statistics, TAL traded on average about 7.59M shares per day over the past 3-months and 7.7M shares per day over the past 10 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 51.97% stake in the company. Shares short for TAL as of Feb 15, 2024 were 24.93M with a Short Ratio of 3.29, compared to 27.2M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.90% and a Short% of Float of 4.28%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. 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
According to 7 analysts, the current quarter’s revenue is expected to be $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 28.00% from the average revenue estimate for this year.
