TAL Education Group (TAL, Financial) experienced a significant stock price drop, plunging 5.06%. The stock is currently trading at $9.55 per share with a trading volume of 5.45736 million shares, a turnover rate of 0.90%, and a price fluctuation amplitude of 6.16%.
Recent financial results for TAL indicate an operating revenue of $619 million, net income of $57.43 million, and earnings per share of $0.09. The company's gross profit stands at $349 million, with a price-to-earnings ratio of 81.96.
In terms of analyst recommendations, out of 24 institutions involved in rating the stock, 96% have given a buy recommendation, while 4% have recommended holding. No institutions have advised selling TAL shares.
Within the education services sector, where TAL operates, the overall decline was 0.01%. Notable stocks in the sector include Perdoceo Education Corporation, Genius Group Limited, and American Public Education, which saw significant increases. Genius Group Limited, Chegg, Inc., and Visionary Holdings Inc. were among the most actively traded stocks with high turnover rates of 235.60%, 7.78%, and 6.87% respectively. Stocks with the largest price fluctuations in the sector were Genius Group Limited, Jianzhi Education, and American Public Education, with amplitudes of 40.95%, 18.56%, and 16.11% respectively.
TAL Education Group is a Chinese provider of intelligent learning solutions. Following regulatory changes in 2021 that mandated nonprofit operations for K-9 after-school tutoring, TAL has shifted its focus towards enhancing learning and content solutions.
