With over 15.68 million TAL Education Group ADR (TAL) shares trading Friday and a closing price of $11.40 on the day, the dollar volume was approximately $178.76 million. The shares have shown a positive half year performance of 106.52% and its price on 11/24/23 gained nearly 15.74%. Currently, there are 489.49M common shares owned by the public and among those 487.01M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 15 analysts who have offered their price forecasts for TAL have a consensus price objective of $10.95. The analysts have set the share’s price value over the next 12 months at a high of $12.30 and a low of $9.00. The average price target is -4.11% below its recent price level and a downside to the estimated low will see the stock lose -26.67% over that period. But an upside of 7.32% will see the stock hit the forecast high price target while median target price for the stock is $11.00.
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Shares of TAL Education Group ADR (NYSE: TAL) opened at $9.92, up $0.07 from a prior closing price of $9.85. However, the script later moved the day high at 11.42, up 15.74%. The company’s stock has a 5-day price change of 20.00% and 69.90% over the past three months. TAL shares are trading 61.70% year to date (YTD), with the 12-month market performance up to 123.97% higher. It has a 12-month low price of $4.98 and touched a high of $10.58 over the same period. TAL has an average intraday trading volume of 6.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 22.08%, 27.47%, and 60.93% respectively.
Institutional ownership of TAL Education Group ADR (NYSE: TAL) shares accounts for 51.62% of the company’s 489.49M shares outstanding.
It has a market capitalization of $5.58B and a beta (3y monthly) value of 0.05. The earnings-per-share (ttm) stands at -$0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.93% over the week and 6.06% over the month.
Analysts forecast that TAL Education Group ADR (TAL) will achieve an EPS of $0.02 for the current quarter, $0.02 for the next quarter and $0.25 for 2025. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.03. Comparatively, EPS for the current quarter was -$0.04 a year ago. Earnings per share for the fiscal year are expected to increase by 69.03%, and 220.65% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 15 brokerage firm advisors rate TAL Education Group ADR (TAL) as a “Strong Buy” at a consensus score of 1.67. Specifically, 10 Wall Street analysts polled rate the stock as a buy, while 3 of the 15 advise that investors “hold,” and 0 rated it as a “Sell.”
