Is A Rebound Possible? TAL Education Group (TAL)

Wall Street analysts will be watching closely when TAL Education Group (NYSE:TAL) reports its quarterly earnings next, which is scheduled for Thu 25 Apr (In 72 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.12 per share. In the preceding quarter, the company reportedly generated EPS of $0.21 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 10.40%, a profit margin of 14.40% and a gross margin of 52.80%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of TAL Education Group (NYSE:TAL). Most recently, on January 9th, 2019, Citigroup Upgrade a Buy rating. Before that, on April 27th, 2018, The Benchmark Company Reiterated to Buy. CLSA Downgrade a Outperform rating on April 4th, 2018, Macquarie Downgrade an Neutral rating on October 27th, 2017, and Morgan Stanley Initiated a Overweight rating on August 25th, 2017.

At its current price point, combined with the fact that this company has 553.32M shares outstanding, the current market capitalization sits at 18.21B. In the last trading day, 3,476,701 shares of TAL Education Group were traded, which compares to its usual volume of about 4.02M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $1.21 in the past five trading days, resulting in a percentage change of +3.82% and a moving average of 32.05. In the past 20 days, its price changed by $3.70 (which is +12.67%) and the stock’s moving average was 30.95. Looking back a full 50 days, shares of TAL changed by $4.76 (which is +16.91%) and demonstrated a moving average of 28.79.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 84.87%, a 14-day Stochastic %K score of 88.42% and a 20-day Stochastic %K score of 89.42%. Using a similar metric, TAL Education Group (TAL) shares showed a Stochastic %D of 79.49% over the past 9 days, a Stochastic %D score of 83.14% over the last 14 days, and a 20-day Stochastic %D of 86.46%. Meanwhile, this stock’s MACD Oscillator was 0.80 over the past 9 days, 1.33 over the past two weeks, and 1.55 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $32.91 level. Over the past 12 months, this stock has experienced a high price of $47.63 and a low of $21.08. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Baillie Gifford Co sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from TAL Education Group (NYSE:TAL) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 47,409,312 shares of the company’s stock following the subtraction of -480,958 to this investor’s holdings during the three-month period. This share count represents that Baillie Gifford Co now held 13.33% stake in TAL Education Group (TAL)’s shares.

Just in the most recent trading day, TAL Education Group (NYSE:TAL) experienced a high price of $33.455 and low point of $32.6. At the end of the last trading session, this stock was at 32.91 per share, following a gain of $0.46, or -0.03% during the full day.