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Tuesday, September 29, 2020

The Unprecedented Rise of TAL Education Group (NYSE:TAL)

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The TAL Education Group (TAL) shares are trading at higher $78.45 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $66.78.

To add more color to this target, the company’s high over the last year is $77.16 and the low is $30.78. Over the last 52 weeks, TAL is up 1.67% while the S&P 500 is up 0.21%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, TAL reported a profit of $423.79 million. TAL Education Group also saw revenues increase to $771.55 million. In addition, TAL has free cash flow of $677.78 million as of 02-2020. The company’s EBITDA came in at -$67.85 million which compares well with its peers.

TAL booked profit margins of -3.40%, its Return on Equity (ROE) is -4.30%, and its Return on Assets is -2.10%. All told, it is clear that, TAL needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. TAL has a short ratio of 2.64 and outstanding shares of 597.27M.

Company Outlook

TAL has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 2.45 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.19. TAL Education Group TAL also noted assets of $5.57 billion at the end of the last quarter. Investors should also keep an eye on sector updates as TAL has historically followed its peers on positive news.

All told, TAL Education Group TAL has strung together solid data and demonstrated underlying fundamentals. At its current valuation, TAL represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

TAL Education Group TAL is now commanding a market cap of 46.38B and a float of 397.31M. TAL is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of TAL stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in TAL, either long or short, and we have not been compensated for this article.

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