TAL Education Group American De (NYSE:XRS):
TAL Education Group to Announce Second Quarter of Fiscal Year 2017 Financial Results on October 27, 2016.
The company is trading up by 1.70 percent from yesterday’s close.
Shares are trading at $69.91 which is just over $64.08, the stock’s 50 day moving average and a tad higher than the 200 day moving average of $58.14. The 50 day moving average went up by +9.10% and the 200 day average went up $11.77 or +20.25%.
The company’s P/E ratio is 60.53 and market capitalization is 5.65B. In the last earnings report the EPS was $1.15 and is projected to be $1.42 for the current year with 80,882,000 shares presently outstanding. Next quarter’s EPS is expected be $0.23 and the next full year EPS is projected to be $2.18.
Investment firms have issued ratings on the company recently. On July 27, 2016 Brean Capital issued its first research report on the stock with a rating of “Buy” and a price target of $72.00. On July 27 the company was downgraded to “Buy” from “Outperform” and a price target of $72.00 was set in a report from CLSA.
On May 6 the stock rating was downgraded from “Buy” to “Hold” in an announcement from Brean Capital. On April 29 the company was downgraded from “” to “Outperform” in a report issued by CLSA.
On April 19 JP Morgan left the stock rating at “Overweight” and raised the price target to $67.00 from $63.00. On April 14 analysts at Morgan Stanley started coverage giving it an initial rating of “Overweight” and setting a price target of $58.00.