Out of 6 analysts, 2 (33.33%) are recommending TAL as a Strong Buy , 0 (0%) are recommending TAL as a Buy, 3 (50%) are recommending TAL as a Hold, 0 (0%) are recommending TAL as a Sell, and 1 (16.67%) are recommending TAL as a Strong Sell.
Will TAL Education Group stock go back up?
Like so many other stocks, TAL has come under downward pressure from the Covid-19 virus restrictions of the past year, which might be good news to investors who want it to rebound during 2021.
What is happening with Tal education?
TAL’s decision to end the tutoring services to students from kindergarten through ninth grade (K9 Academic AST Services) is likely to disrupt its business operations in 2022.
When did TAL go public?
TAL Education Group is registered under the ticker NYSE:TAL Their stock opened with $10.00 in its Oct 29, 2010 IPO.
Is Edu a buy?
The consensus among 9 wall street analysts covering (NYSE: EDU) stock is to Buy EDU stock.
Should I sell my TAL stock?
There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” TAL Education Group stock.
Is TAL going out of business?
Based on the latest financial disclosure, TAL Education Group has a Probability Of Bankruptcy of 13.0% This is 64.07% lower than that of the Consumer Defensive sector and 60.16% lower than that of the Education & Training Services industry.
Will chinese education stocks recover?
Morgan Stanley analysts forecasted that Chinese education stocks can recover in the double-digits as it expects further government support for vocational training. It are eyeing new oriental and TAL Education as they have “ample cash” to operate new businesses like non-academic tutoring.
Should I Buy New Oriental Education stock?
New Oriental Education & Technology Group, Inc. may be fairly valued Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of EDU, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B.
What happened to Chinese education stocks?
China burned its education stocks to the ground last year by enacting harsh restrictions on companies’ ability to do business Losses quickly reached the 90%-plus level. Today, China announced measures to try to stop the burning.
Will New Oriental stock go up?
The 9 analysts offering 12-month price forecasts for New Oriental Education & Technology Group Inc have a median target of 18.80, with a high estimate of 26.00 and a low estimate of 11.20 The median estimate represents a +16.05% increase from the last price of 16.20.
Why is China in education?
The educational system in China is a major vehicle for both inculcating values in and teaching needed skills to its people. Traditional Chinese culture attached great importance to education as a means of enhancing a person’s worth and career.
Will Gotu stock recover?
On average, Wall Street analysts predict that Gaotu Techedu’s share price could reach $3.05 by Jul 26, 2022 The average Gaotu Techedu stock price prediction forecasts a potential upside of 55.61% from the current GOTU share price of $1.96.
Is Tal education a VIE?
TAL Education Group (TAL) provides K-12 tutoring services in China, through subsidiaries (the majority of which are contracted by variable interest entity (VIE) agreements ) operating over 600 learning centres in more than 50 cities.
Why did TAL Education stock fall?
Hurt by regulation imposed on the for-profit education market by China’s government last year, TAL’s fiscal Q3 2022 revenue fell 9% year over year, and the company swung from a tiny fiscal Q3 2021 profit ($0.02 per American depositary share) to a $0.09-per-ADS loss.
Will Chinese education stocks be delisted?
Zhangmen Education (NYSE:ZME) is the latest stock to be set for delisting by NYSE Regulation , increasing worries about China-based companies on US exchanges. The delisting for Zhangmen came due to its failure to maintain a market cap of at least $15M for the 30 days.
Why are Chinese tech stocks rising?
Downtrodden Chinese stocks rose amid early signs that lockdowns in Shanghai and Beijing could ease soon Chinese technology stocks are rising amid early signs that lockdowns in Shanghai and Beijing—and the economic pain that has come with it—could soon ease.
What does New Oriental Education do?
Our wide range of educational programs, services and products includes language training, overseas and domestic test preparation courses, educational content and software as well as online education New Oriental has become the most recognized brand in Chinese private education.
References
https://www.wallstreetzen.com/stocks/us/nyse/tal/stock-forecast
https://www.barrons.com/market-data/stocks/tal
