Thursday, October 21, 2021

What are TAL Education Group’s [TAL] earnings going to look like?

Earnings from TAL Education Group [TAL] are scheduled on April 22, 2021, before the market opens. It is expected that the company will report weak earnings for the quarter ending Feb 2021.


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TAL Stock Earnings Outlook For The Current Quarter

The consensus estimates for the quarter suggest that the company would earn -$0.15 per share on revenue of $1.2B. Taking a look at the future, the company is projected to report revenue of $1.3B at an earnings per share of $0.15 for the May 2021 quarter. The estimates represent year-over-year improvements of 43.10% in revenue and 668.70% in earnings per share for the company.

TAL Stock Earnings Forecast For The Current Year


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For the full financial year, TAL Education Group [NYSE:TAL] is forecasted to generate revenue of $4.35B. The figure is about $1.08 billion above what the company actually reported for the fiscal year 2020. In terms of EPS, it is estimated to be $0.11 in 2021, which is $0.25 higher than the figure in FY20. Based on current estimates, earnings are expected to grow 178.60% this year, 700.00% next year, and 66.00% annually over the next five years. With regard to sales, forecasts suggest an incline of 32.90% in current fiscal year and 43.10% over following year.

TAL Stock Price Performance

At the close of Wednesday’s session, TAL Education Group [NYSE:TAL] finished up 0.57% at $63.00. The stock’s highest single-day price was $64.295, and its lowest was $62.42. Its price rose 8.70% in the last five days. Since the beginning of the year, TAL Education Group’s shares are down nearly -11.90%. However, the share price is -30.74% below its one year high. The top price reached by the shares of the company was $90.96 on 02/16/21, while the 52-week low came on 03/26/21, when the shares were $48.53. In the past year, shares of the company have risen 23.63%. At 50 days, the moving average achieved is $69.35 while at 200 days, the moving average is $72.57. There were 3.63 million shares traded in the last session, down from 7.72 million in the previous session.

TAL Education Group [NYSE:TAL] Investors may find it helpful to look at historical price-sales ratios, and in the case of this stock, 9.31 PS value ratio is reported for the last one year of reported earnings. This is above the average return 2.45 for the industry, which means TAL offers an unattractive investment opportunity than its competitors do.

TAL Share Price Support And Resistance Levels

Based on the daily chart, the immediate backing lies around the 63.00 level, and the violation of this level will cause a further drop to 62.18 level. At the upper end, 65.93 remains a key resistance. As the stock increases, it may find resistance at 65.11. In the 14-day chart, the Relative Strength Index standing at 53.03 suggests a technical neutral stance while the MACD standing at 3.38 indicates price will increase in the next trading period. Stochastic %K at 87.98% suggests selling the stock while Percent R indicator at 14.31% suggests bullish price movement.

How much is the short interest in TAL Education Group?

There have been a drop in short interest in the TAL Education Group Financial stock, with short interest up by 1.93 million shares to 12.24 million shares on Feb 25, 2021. According to data provided by Yahoo Finance, the short interest on Mar 30, 2021 stood at 14.17 million shares. This -15.77% decrease suggests some bullish sentiment was experienced by the stock.

How do analysts view TAL Education Group?

In regard to the share price forecast for TAL Education Group stock, the analysts, as surveyed by FactSet, forecast the price to reach $89.35 in the next twelve months, representing almost an 29.49% growth from its recent price of $63.00. Among TAL Education Group stock projections, $108.00 is the highest analyst target for the stock, while $66.00 is the lowest. Despite this, 34 analysts who share their consensus rating for TAL in 2021 agree that the stock is an Overweight. The latest rating change took place on 3/23/21, when Citigroup Ratings downgraded the stock from “Buy” to “Neutral.”

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