After the Chinese government’s ban on profits in the private tutoring sector, the company’s stock went down significantly, with a project 70% decrease in 2022 revenue.
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TAL Education Group.
| Native name | 好未来 |
|---|---|
| Headquarters | Beijing , China |
| Areas served | Mainland China Hong Kong |
Similarly Is TAL stock a good buy? 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 the best stock to buy in Hong Kong? Best Chinese Stocks Across Many Industries
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Additionally, Is TAL Education going out of business?
« On the other hand, TAL Education (TAL)’s value is largely destroyed by the policy officially released on 7/24/2021, which essentially outlawed for-profit curriculum-related after school tutoring (which is TAL’s main business).
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%.
Why is TAL Education Group down? Its shares have declined 40% year-to-date and 31.9% over the past month because of Chinese government’s efforts to curb the explosive growth of private tutoring services providers. In April, Beijing’s market regulator fined TAL, along with three other after-school tutoring institutions, for pricing violations.
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.
Who owns tal education? The company was founded by Bangxin Zhang and Yundong Cao on August 2003 and is headquartered in Beijing, China.
Will TAL stock go up?
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for TAL Education Group have a median target of 4.65, with a high estimate of 85.00 and a low estimate of 2.50. The median estimate represents a +37.17% increase from the last price of 3.39.
Will TAL stock come back? Like so many other stocks, TAL has come under downward pressure from the Covid-19 virus restrictions of the past year, which might be good news to investors who want it to rebound during 2021.
Why is TAL stock 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 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.
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.
What is China’s education system?
Schooling in China consists of three years of kindergarten, six years of primary school, three years of junior middle school (also known as secondary school), and senior middle school (high school). After completing these years of schooling, students then have the opportunity to continue to higher education.
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 |
How does TAL make money?
“Our revenue growth is primarily driven by the increase in the number of student enrollments, which is directly affected by the number of our learning centers, the number and varieties of our courses and service offerings, including both our center-based and online courses offerings, our student retention rate, our …
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.
Where is China ranked in education?
While education levels vary from country to country, there is a clear correlation between the quality of a country’s educational system and its general economic status and overall well-being.
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Education Rankings by Country 2022.
| Country | China |
|---|---|
| Rank (2021) | 22 |
| Rank (2020) | 24 |
| 2022 Population | 1,448,471,400 |
Which country is No 1 in education? Top ten countries with the best education systems in the world 2020
| Top 10 Best Countries for Education | ||
|---|---|---|
| 2020 | 2019 | |
| 1. | The United States | The United Kingdom |
| 2. | The United Kingdom | The United States |
| 3. | Canada | Canada |
Will Chinese 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.
Will TAL stock bounce back? Like so many other stocks, TAL has come under downward pressure from the Covid-19 virus restrictions of the past year, which might be good news to investors who want it to rebound during 2021.
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.
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.
