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 +40.58% increase from the last price of 3.13.
Similarly 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.
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%.
Additionally, 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.
Who owns tal education?
The company was founded by Bangxin Zhang and Yundong Cao on August 2003 and is headquartered in Beijing, China.
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 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.
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.
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 New Oriental stock go up? Stock Price Forecast
The 10 analysts offering 12-month price forecasts for New Oriental Education & Technology Group Inc have a median target of 24.25, with a high estimate of 180.00 and a low estimate of 15.00. The median estimate represents a +119.46% increase from the last price of 11.05.
How is education in China?
The Chinese educational structure provides for six years of primary school, three years each of lower secondary school and upper secondary school, and four years in the standard university curriculum. All urban schools are financed by the state, while rural schools depend more heavily on their own financial resources.
Why are Edtech stocks falling? As the pandemic appears to be easing and more people are now filling jobs instead of taking online classes, there’s concern the edtech boom may be over, which is why the stock is falling.
Do Chinese pay taxes?
Residents are generally subject to China individual income tax (IIT) on their worldwide income. Non-residents are generally taxed in China on their China-source income only (see the Residence section for more information).
Is college 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 welfare?
Social welfare in China has undergone various changes throughout history. The Ministry of Human Resources and Social Security is responsible for the social welfare system. Currently the form of social welfare is in between 40-75% according to their means of production. Welfare in China is linked to the hukou system.