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.
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%.
What is the future of TAL? 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.
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.
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.
Is Edu a buy? Out of 9 analysts, 2 (22.22%) are recommending EDU as a Strong Buy, 0 (0%) are recommending EDU as a Buy, 5 (55.56%) are recommending EDU as a Hold, 1 (11.11%) are recommending EDU as a Sell, and 1 (11.11%) are recommending EDU as a Strong Sell.
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.
Should you invest in EDU? The financial health and growth prospects of EDU, demonstrate its potential to outperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
What is the new prediction for EDU?
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.
What is a VGM score?
Zacks Rank + Style Scores = Bigger Returns
We also produce the VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual Style Scores into one score. This is perfectly suited for those who want their stocks to have the best scores across the board.
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 |
