China Tracker - Details for TAL Education Group (XRS)

 TAL Education Group
Shares Outstanding (MRQ): 74.50 mill
New Shares / Dilution (TTM): 10.14 mill15.75% 
Cash (MRQ): 81.49 mill1.43%
Account Receivables (MRQ): 0.00 mill0.00%
Account Receivables (Q/Q): 0.00 mill0.00% 
Long-Term Debt (MRQ): 0.50 mill0.01%
Revenue Growth (Q/Q): 58.69% 
Revenue Growth (Y/Y): 85.40%
Net Income Growth (Q/Q): 283.08% 
Net Income Growth (Y/Y): 125.75%
EPS Growth (Y/Y): 95.03%
Net Margin (Q/Q): 32.3% (13.4%)18.90% 
Net Margin (Y/Y): 32.3% (26.5%)5.80% 
EPS | P/E (2 MRQ Projection): $0.36215.22
CFPS | P/CF (2 MRQ Projection): $0.8392.09
Price/Sales (2 MRQ Projection): 53.77
Price/Book (MRQ): 176.62
Auditor: Deloitte Touche
 Forward Projections (Fiscal Year)
EPS | P/E (Estimates updated 2012-10-21): $0.54141.72
 Basic Facts and History (show more)
Reporting Type: Foreign Company (20-F Filings) 
Going Public: IPO on 2010-10-20 
IPO Price: $10.00 (665.30% since IPO)

 Business Outlook

Based on the Company's current estimates, total net revenues for the second quarter of fiscal year 2012 are expected to be between US$46.1 million and US$47.7 million, representing an increase of 42% to 47% on a year-over-year basis. The Company expects its total net revenues for the full fiscal year ending February 29, 2012 will be in the estimated range of US$154.8 million to US$160.4 million, representing an increase of approximately 40% to 45% compared to the fiscal year 2011.

(Source: PR Newswire, 2011-07-26)

Based on the Company's current estimates, total revenues for the first quarter of fiscal year 2012 are expected to be between US$29.0 million and US$30.5 million, representing an increase of 41% to 49% on a year-over-year basis.

(Source: PR Newswire, 2011-04-28)

"Over the past three quarters in Beijing we have concentrated on improving classroom utilization in our existing facilities rather than rapidly increasing the number of centers. We are encouraged by the progress we have seen in this regard since the Chinese New Year term last year, and believe we are now ready to shift our focus back toward a new phase of investment in learning centers over the coming quarters. By building out our capacity, we can continue to meet the ongoing demand from parents and students in this essential market." Based on the Company’s current estimates, total revenues for the fourth quarter of fiscal year 2011 are expected to be between US$29.5 million and US$31.0 million, representing an increase of 46% to 53% on a year-over-year basis. This estimate reflects the Company’s current expectation, which is subject to change.

(Source: Business Wire, 2011-01-25)

 Analyst Coverage (show more)
2011-07-27Credit SuisseReiterationOutperform$14.90
2011-07-26Piper JaffrayReiterationOverweight$19.00
2011-07-21Piper JaffrayReiterationNeutral$19.00
2011-05-09Morgan StanleyReiterationOutperformn/a
2011-04-28Piper JaffrayReiterationOverweight$19.00

XRS is currently followed by 4 analysts. All 4 give the stock a positive rating. The average price target is 17.47.

    see all Analyst Ratings
READ: Score Cards Explained
Current Price:  $76.53
F10k Day (2010-10-20): 410.20%$15.00
2010 Close: 375.34%$16.10
2011 Close: 667.60%$9.97
High (2012-04-27): 538.81%$11.98
Low (2012-08-29): 997.99%$6.97
Exchange: NYQ
Market Capitalization: 5,701.49 mill
Total Shares: 74.50 mill
Float: n/a
Avg Volume: 27.40 k
Short Interest: 325.60 k
Short Ratio: 0.91%11.9 d
Last Quarter: 2010-08-31
Revenue (MRQ): 32.53 mill
Net Income (MRQ): 10.50 mill
Op. Cash Flow (MRQ): 15.48 mill
all financial data provided without warranty