12-Dec-2024
PRNewswire (Thu, 24-Oct 5:00 AM ET)
PRNewswire (Wed, 2-Oct 5:00 AM ET)
TAL Underpriced Bullish Call Spread has Profit Potential of 35%
Market Chameleon (Fri, 16-Dec 7:14 AM ET)
TAL Education Group is a smart learning solutions provider in China. It operates a few business lines including enrichment learning, high school academic tutoring, learning technology, and content solutions, and the like. Among those business lines, TAL focuses on enrichment learning and content solutions.
Tal Education Group American Depositary Shares trades on the NYSE stock market under the symbol TAL.
As of December 12, 2024, TAL stock price declined to $10.30 with 2,608,420 million shares trading.
TAL has a beta of 1.29, meaning it tends to be more sensitive to market movements. TAL has a correlation of 0.06 to the broad based SPY ETF.
TAL has a market cap of $6.22 billion. This is considered a Mid Cap stock.
Last quarter Tal Education Group American Depositary Shares reported $619 million in Revenue and $.12 earnings per share. This beat revenue expectation by $15 million and exceeded earnings estimates by $.03.
In the last 3 years, TAL traded as high as $15.52 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 underperformed the market in the last year with a price return of -11.6% while the SPY ETF gained +32.3%. However, in the short term, TAL had mixed performance relative to the market. It has outperformed in the last 3 months, returning +35.9% vs +9.3% return in SPY. But in the last 2 weeks, TAL shares have been beat by the market, returning -0.4% compared to an SPY return of +0.9%.
TAL support price is $9.95 and resistance is $10.67 (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 shares will trade within this expected range on the day.