Out of 7 analysts, 2 (28.57%) are recommending TAL as a Strong Buy, 0 (0%) are recommending TAL as a Buy, 3 (42.86%) are recommending TAL as a Hold, 0 (0%) are recommending TAL as a Sell, and 2 (28.57%) are recommending TAL as a Strong Sell. What is TAL’s earnings growth forecast for 2023-2024?
Similarly Why is TAL stock dropping? BEIJING — Two U.S.-listed Chinese education stocks plunged Friday after reports of a government crackdown on the sector that included bans on foreign investment. TAL Education shares tumbled 70.8%.
Will TAL recover? There’s a case to be made that as Tal Education has dipped down in terms of both price and earnings-per-share, it is set to recover and resume a climb upward. However, in the short-term, it’s likely that other setbacks will continue to plague Tal Education, even as it makes incremental gains in future weeks.
Additionally, Why is TAL stock going up?
Why TAL Education Stock Jumped 15% Today
Shares of Chinese for-profit education company TAL Education Group (NYSE: TAL) jumped in Wednesday trading — an apparent delayed reaction to yesterday’s fiscal third-quarter 2022 earnings news, that now has the stock up 14.9% as of 11:20 a.m. ET.
What is the future of TAL stock?
Stock Price Forecast
The 7 analysts offering 12-month price forecasts for TAL Education Group have a median target of 4.40, with a high estimate of 85.00 and a low estimate of 2.50. The median estimate represents a +33.74% increase from the last price of 3.29.
What will happen to TAL? Summary. TAL’s decision to end the tutoring services to students from kindergarten through ninth grade (K9 Academic AST Services) is likely to disrupt its business operations in 2022.
Will TAL become non profit? Summary. The new regulatory restrictions will ban most of K12 after-school tutoring activities or turn TAL K12 services into non-profit businesses.
Why is China education stock down? New Oriental Education & Technology has dropped over 87% since the beginning of the year as a result of Chinese regulatory crackdowns on for-profit tutoring companies.
How much cash does TAL have?
Compare TAL With Other Stocks
| TAL Education Group Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2019 | $1,525 |
| 2018 | $1,505 |
| 2017 | $702 |
| 2016 | $480 |
Did China ban homework? China has passed an education law that seeks to cut the « twin pressures » of homework and off-site tutoring in core subjects, the country’s official Xinhua news agency said on Saturday.
Why is China in education?
The educational system in China is a major vehicle for both inculcating values in and teaching needed skills to its people. Traditional Chinese culture attached great importance to education as a means of enhancing a person’s worth and career.
Why did Gotu stock drop? Following the crackdown on Chinese tutoring stocks last year as the Chinese government banned them from making a profit on most of their tutoring services directed at children, Gaotu Techedu is down a whopping 98.5% from its peak roughly a year ago.
Who owns tal education?
The company was founded by Bangxin Zhang and Yundong Cao on August 2003 and is headquartered in Beijing, China.
Will China education stocks recover?
Morgan Stanley analysts forecasted that Chinese education stocks can recover in the double-digits as it expects further government support for vocational training. It are eyeing New Oriental and TAL Education as they have “ample cash” to operate new businesses like non-academic tutoring.
Does Japan have homework? Japanese students devote approximately two hours per weekday to homework, and about three hours on Sunday.
Do students spend too much time on social media? (NEWS10) — Kids and teens spend a lot of time on social media. Between five to seven and a half hours a day, according to a 2019 survey from Common Sense Media.
Why did China ban online tutoring?
Authorities this year banned for-profit tutoring in subjects on the school curriculum in an effort to ease pressure on children and parents.
Is healthcare free in China? China does have free public healthcare which is under the country’s social insurance plan. The healthcare system provides basic coverage for the majority of the native population and, in most cases, expats as well. However, it will depend on the region you reside in.
Is university free in China?
Nine-Year Compulsory Education in China
The policy is funded by government, tuition is free. Schools still charge miscellaneous fees. Senior secondary school (grade 10 to 12) and college education are not compulsory and free in China.
Does China have free housing? The government now provides affordable housing by subsidizing commercial housing purchases or by offering low-rent public (social) housing to middle- and low-income families. At the same time, it relies on the private commercial housing market to meet the needs of higher-income groups.
Is Gotu undervalued?
Is Gaotu Techedu Inc Stock Undervalued? The current Gaotu Techedu Inc [GOTU] share price is $1.65. The Score for GOTU is 21, which is 58% below its historic median score of 50, and infers higher risk than normal. GOTU is currently trading in the 20-30% percentile range relative to its historical Stock Score levels.
Will Gotu stock go up? During the day the stock fluctuated 5.32% from a day low at $1.61 to a day high of $1.70. The price has fallen in 7 of the last 10 days and is down by -9.44% for this period.
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Predicted Opening Price for GSX Techedu Inc. of Thursday, April 14, 2022.
| Fair opening price April 14, 2022 | Current price |
|---|---|
| $1.65 | $1.63 (Undervalued) |
Is Gotu a buy? Out of 4 analysts, 0 (0%) are recommending GOTU as a Strong Buy, 0 (0%) are recommending GOTU as a Buy, 1 (25%) are recommending GOTU as a Hold, 0 (0%) are recommending GOTU as a Sell, and 3 (75%) are recommending GOTU as a Strong Sell. What is GOTU’s earnings growth forecast for 2022-2023?
Is TAL Education listed in China?
TAL Education Group (Chinese: 好未来), which stands for « Tomorrow Advancing Life », is a Chinese holding company that offers after-school education and tutoring for students in primary and secondary school. It is headquartered in Beijing, China.
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TAL Education Group.
| Native name | 好未来 |
|---|---|
| Website | en.100tal.com |
Is Tal education a VIE?
TAL Education Group (TAL) provides K-12 tutoring services in China, through subsidiaries (the majority of which are contracted by variable interest entity (VIE) agreements) operating over 600 learning centres in more than 50 cities.
How many students does tal education have? With 2.3 million students in 42 cities across China utilizing its education services, TAL Education Group has mastered the art of motivation.
