With 5.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.32 million shares. The 52-week range on TAL shows that it touched its highest point at $15.30 and its lowest point at $7.34 during that stretch. It currently has a 1-year price target of $15.21. Beta for the stock currently stands at 0.06.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TAL was down-trending over the past week, with a drop of -6.89%, but this was down by -0.88% over a month. Three-month performance surged to 23.17% while six-month performance rose 54.92%. The stock lost -14.97% in the past year, while it has gained 24.15% so far this year. A look at the trailing 12-month EPS for TAL yields 0.19 with Next year EPS estimates of 0.49. For the next quarter, that number is 0.08. This implies an EPS growth rate of 2393.48% for this year and 115.26% for next year.
Float and Shares Shorts:
At present, 458.10 million TAL shares are outstanding with a float of 443.43 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TAL since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.07697714 being high and -$0.19244 being low. For TAL, this leads to a yearly average estimate of -$0.13471. Based on analyst estimates, the high estimate for the next quarter is $0.1 and the low estimate is $0.05. The average estimate for the next quarter is thus $0.08.
