TAL Education Group (NYSE:TAL) shares traded lower over the last trading session, losing -5.03% on 06/08/20. The shares fell to a low of $64.89 before closing at $62.54. Intraday shares traded counted 2.06 million, which was 55.09% higher than its 30-day average trading volume of 4.58M. TAL’s previous close was $65.85 while the outstanding shares total 595.93M. The firm has a beta of 0.24. The stock’s Relative Strength Index (RSI) is 61.54, with weekly volatility at 3.95% and ATR at 2.52. The TAL stock’s 52-week price range has touched low of $30.78 and a $67.24 high.
Investors have identified the Education & Training Services company TAL Education Group as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $24.01 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
TAL Education Group (TAL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3007136000 million total, with 2187891000 million as their total liabilities.
Potential earnings growth for TAL Education Group (TAL)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, TAL Education Group recorded a total of 862.36 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 32.05% coming in sequential stages and their sales for the third quarter reducing by -8.61%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 385.12 million trying to sell their products during the last quarter, with the result yielding a gross income of 477.24 million. This allows shareholders to hold on to 595.93M with the revenue now reading 0.05 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter.
Having a look at the company’s valuation, the company is expected to record -0.19 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TAL sounds very interesting.
Is the stock of TAL attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 83.90%.
24 out of 28 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on TAL Education Group. 2 analysts has assigned a Sell rating on the TAL stock. The 12-month mean consensus price target for the company’s shares has been set at $61.48.