While TAL Education Group ADR has overperformed by 2.98%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TAL rose by 80.95%, with highs and lows ranging from $15.52 to $5.09, whereas the simple moving average jumped by 16.16% in the last 200 days.
On January 26, 2024, CLSA Upgraded TAL Education Group ADR (NYSE: TAL) to Buy. A report published by JP Morgan on January 25, 2024, Upgraded its rating to ‘Overweight’ for TAL. Morgan Stanley Initiated an Overweight rating on November 07, 2023, and assigned a price target of $10.50. UBS October 16, 2023d its ‘Neutral’ rating to ‘Buy’ for TAL, as published in its report on October 16, 2023. UBS’s report from May 01, 2023 suggests a price prediction of $6.20 for TAL shares, giving the stock a ‘Neutral’ rating. Daiwa Securities also rated the stock as ‘Buy’.
Analysis of TAL Education Group ADR (TAL)
Further, the quarter-over-quarter increase in sales is 60.52%, showing a positive trend in the upcoming months.
TAL Education Group ADR’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -1.90% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.17, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and TAL has an average volume of 6.86M. On a monthly basis, the volatility of the stock is set at 3.62%, whereas on a weekly basis, it is put at 3.17%, with a loss of -2.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $14.56, showing growth from the present price of $11.40, which can serve as yet another indication of whether TAL is worth investing in or should be passed over.
How Do You Analyze TAL Education Group ADR Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.50%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 52.21% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TAL shares are owned by institutional investors to the tune of 52.21% at present.
