The shares of TAL Education Group (NYSE:TAL) has been pegged with a rating of Buy by Citigroup in its latest research note that was published on January 9th, 2019. Citigroup wasn’t the only research firm that published a report of TAL Education Group, with other equities research analysts also giving their opinion on the stock. The Benchmark Company advised investors in its research note published on April 27th, 2018, to Buy the TAL stock while also putting a $42 price target. The stock had earned Outperform rating from CLSA when it published its report on April 4th, 2018. The stock was given Neutral rating by Macquarie in its report released on October 27th, 2017. Morgan Stanley was of a view that TAL is Overweight in its latest report on August 25th, 2017 while giving it a price target of $37. Citigroup thinks that TAL is worth Neutral rating. This was contained in the firm’s report on July 18th, 2017 in which the stock’s price target was also moved to $150.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 11 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $34.51. The price of the stock the last time has raised by 68.45% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 58.47.
The shares of the company added by 2.93% during the trading session on Tuesday, reaching a low of $34.54 while ending the day at $35.51. During the trading session, a total of 3.29 million shares were traded which represents a 15.22% incline from the average session volume which is 3.88M shares. TAL had ended its last session trading at 34.50. TAL Education Group currently has a market cap of $19.53B, while its P/E ratio stands at 61.33, while its P/E earnings growth sits at 8.34, with a beta of 0.13. TAL Education Group debt-to-equity ratio currently stands at 0.14, while its quick ratio hovers at 1.10. TAL 52-week low price stands at $21.08 while its 52-week high price is $47.63.
The company in its last quarterly report recorded $0.21 earnings per share which is above the $0.08 predicted by most analysts. The TAL Education Group generated $585.99 million in revenue during the last quarter, which is slightly higher than the $576.34 million predicted by analysts. In the second quarter last year, the firm recorded $0.13 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 38.1%. TAL Education Group has the potential to record 0.58 EPS for the current fiscal year, according to equities analysts.
Investment analysts at H.C. Wainwright published a research note on February 14th, 2019 where it informed investors and clients that Evolus, Inc. (NASDAQ:EOLS) is now rated as Buy. Their price target on the stock stands at $37. The Benchmark Company also rated EOLS as Reiterated on April 27th, 2018, with its price target of $42 suggesting that EOLS could surge by 14.29% from its current share price. Even though the stock has been trading at $23.85/share, analysts expect it to surge higher by 11.40% to reach $31.00/share. It started the day trading at $27.96 and traded between $24.055 and $26.57 throughout the trading session.
A look at its technical shows that EOLS’s 50-day SMA is 22.01 while its 200-day SMA stands at 20.16. At the moment, only of Evolus, Inc. shares were sold short. The company’s average trading volume currently stands at 1.13M shares, which means that the short-interest ratio is just 2.13 days. Over the past seven days, the company moved, with its shift of 4.48%. Looking further, the stock has raised 109.87% over the past 90 days while it gained 25.51% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Wellington Management Co LLP sold more EOLS shares, decreasing its portfolio by -30.64% during the last quarter. This move now sees Wellington Management Co LLP selling -672,904 shares in the last quarter, thus it now holds 1,523,292 shares of EOLS, with a total valuation of $40,275,840. BlackRock Fund Advisors meanwhile bought more EOLS shares in the recently filed quarter, changing its stake to $23,351,200 worth of shares.
Similarly, The Vanguard Group Inc decreased its Evolus, Inc. shares by -44.06% during the recently filed quarter. After selling -171,384 shares in the last quarter, the firm now controls 217,622 shares of Evolus, Inc. which are valued at $5,753,926. In the same vein, Prosight Management LP increased its Evolus, Inc. shares by during the most recent reported quarter. The firm bought 57,451 shares during the quarter which increased its stakes to 195,911 shares and is now valued at $5,179,887. Following these latest developments, around 56.20% of Evolus, Inc. stocks are owned by institutional investors and hedge funds.