TAL Education Group ADR (NYSE:TAL) price on Friday, October 25, rose 4.57% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $10.98.
A look at the stock’s price movement, the close in the last trading session was $10.50, moving within a range at $10.51 and $11.005. The beta value (5-Year monthly) was 0.036 while the PE ratio in trailing twelve months stood at 94.09. Turning to its 52-week performance, $15.52 and $7.34 were the 52-week high and 52-week low respectively. Overall, TAL moved 6.81% over the past month.
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TAL Education Group ADR’s market cap currently stands at around $5.02 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-23.
Analysts have a consensus estimate of 533.25M for the company’s revenue for the quarter, with a low and high estimate of 518M and 557.43M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.11B, representing a 40.70% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TAL is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 7 recommend TAL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TAL’s current price about -0.61% and 17.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.88, while 7-day volatility ratio is 7.16% and 6.60% in the 30-day chart. Further, TAL Education Group ADR (TAL) has a beta value of 0.03, and an average true range (ATR) of 0.72. Analysts have given the company’s stock an average 52-week price target of $14.350000000000001, forecast between a low of $3.9 and high of $68. Looking at the price targets, the low is 64.48% off current price level while to achieve the yearly target high, price needs to move -519.31%. Nonetheless, investors will most likely welcome a -30.69% jump to $14.350000000000001 which is the analysts’ median price.
If we refocus on TAL Education Group ADR (NYSE:TAL), historical trading data shows that trading volumes averaged 8.25 over the past 10 days and 8.18 million over the past 3 months. The company’s latest data on shares outstanding shows there are 456.77 million shares.
The 2.36% of TAL Education Group ADR’s shares are in the hands of company insiders while institutional holders own 57.96% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 31.06 million on 2024-09-30, giving us a short ratio of 3.42. The data shows that as of 2024-09-30 short interest in TAL Education Group ADR (TAL) stood at 2487.0000999999997 of shares outstanding, with shares short rising to 27.57 million registered in 2024-08-30. Current price change has pushed the stock -13.06% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TAL stock continues to rise going into the next quarter.
