Financial Statistics: TAL Education Group (NYSE: TAL)
On 30 Oct 2019, TAL Education Group (NYSE: TAL) stock observed trading -1.36% off 52-week high price. On the other end, the stock has been noted 74.01% away from low price over the last 52-weeks. The stock disclosed a move of 17.63% away from 50 day moving average and 21.80% away from 200 day moving average. Moving closer, we can see that shares have been trading 10.75% off 20-day moving average. It has market cap of $16284.34M.
TAL Education Group (TAL) recently reported its unaudited financial results for the second quarter of fiscal year 2020 ended August 31, 2019.
Highlights for the Second Quarter of Fiscal Year 2020
- Net revenues increased by 33.8% year-over-year to US$936.6M from US$699.8M in the same period of the previous year.
- Income from operations reduced by 13.5% year-over-year to US$69.9M, from US$80.9M in the same period of the previous year.
- Non-GAAP income from operations, which excluded share-based compensation expenses, reduced by 0.2% year-over-year to US$98.8M, from US$99.0M in the same period of the previous year.
- Net loss attributable to TAL was US$14.4M, contrast to net income attributable to TAL of US$77.0M in the same period of the previous year.
- Non-GAAP net income attributable to TAL, which excluded share-based compensation expenses, reduced by 84.8% to US$14.5M from US$95.1M in the same period of the previous year.
- Basic and diluted net loss per American Depositary Share (“ADS”) were both US$0.02. Non-GAAP basic and diluted net income per ADS, which excluded share-based compensation expenses, were both US$0.02. Three ADSs represent one Class A ordinary share.
- Cash, cash equivalents and short-term investments totaled US$1,542.3M as of August 31, 2019, contrast to US$1,515.6M as of February 28, 2019.
- Total Student Enrollments of normal priced long-term course increased by 54.5% year-over-year to about 3,413,120 from about 2,208,640 in the same period of the previous year.
Highlights for the Six Months Ended August 31, 2019
- Net revenues increased by 31.1% year-over-year to US$1,639.4M from US$1,250.4M in the same period of the previous year.
- Income from operations reduced by 18.4% to US$127.3M from US$155.9M in the same period of the previous year.
- Non-GAAP income from operations reduced by 3.6% to US$182.2M from US$188.9M in the same period of the previous year.
- Net loss attributable to TAL was US$21.7M, contrast to net income attributable to TAL of US$143.8M in the same period of the previous year.
- Non-GAAP net income attributable to TAL, which excluded share-based compensation expenses, reduced by 81.2% to US$33.2M from US$176.9M in the same period of the previous year.
- Basic and diluted net loss per ADS were both US$0.04. Non-GAAP basic and diluted net income per ADS, not including share-based compensation expenses, were US$0.06 and US$0.05, respectively.
- Average student enrollments of normal priced long-term course per quarter during fiscal year 2020 increased by 49.6 % year-over-year to about 2,565,660 from about 1,715,200 in the same period of fiscal year 2019.
- Total physical network increased from 676 learning centers in 56 cities as of February 28, 2019 to 758 learning centers in 69 cities as of August 31, 2019.
The USA based company TAL Education Group moved with change of 2.07% to $42.91 with the total traded volume of 4626870 shares in recent session versus to an average volume of 2821.32K. The stock was observed in the 5 days activity at 13.55%. The one-month performance of stock was 26.77%. TAL’s shares are at 32.48% for the quarter and driving a 60.77% return over the course of the past year and is now at 60.83% since this point in 2018. Right now, the stock beta is 0.26. The average volatility for the week and month was at 3.75% and 3.51% respectively.
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