TAL Stock Summary and Trading Ideas (Tal Education Group American Depositary Shares | NYSE:TAL)

TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning and content solutions.

Tal Education Group American Depositary Shares trades on the NYSE stock market under the symbol TAL.

As of April 23, 2024, TAL stock price climbed to $12.19 with 4,398,625 million shares trading.

TAL has a beta of 1.02, meaning it tends to be more sensitive to market movements. TAL has a correlation of 0.04 to the broad based SPY ETF.

TAL has a market cap of $7.32 billion. This is considered a Mid Cap stock.

Last quarter Tal Education Group American Depositary Shares reported $374 million in Revenue and $.00 earnings per share. This beat revenue expectation by $42 million and missed earnings estimates by -$.02.

In the last 3 years, TAL stock traded as high as $64.44 and as low as $1.60.

The top ETF exchange traded funds that TAL belongs to (by Net Assets): KWEB, VXUS, VWO, IEMG, MCHI.

TAL has outperformed the market in the last year with a price return of +96.9% while the SPY ETF gained +24.3%. TAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.5% and +10.1%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

TAL support price is $11.63 and resistance is $12.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TAL stock will trade within this expected range on the day.