BEIJING, Oct. 2, 2024 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China, today announced that it will release its unaudited financial results for the second quarter of fiscal year 2025 ended August 31, 2024, before the market opens on Thursday, October 24, 2024.The Company will host a corresponding conference call and live webcast at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing Time) on Thursday, October 24, 2024.Please note that you wil ...

TAL Education (TAL) shares rallied 6.7% in the last trading session to close at $8.62. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.6% loss over the past four weeks.The stock surged after China's central bank announced its largest stimulus since the pandemic on Tuesday, aiming to lift the economy out of deflation and steer it back toward the government's growth target.This education services provider is ...

Investors often opt for an approach that involves picking stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.But there is more to this whole P/E story. Because not only low P/E, stocks with a rising P/E can also fetch strong returns. In this regard, i ...

Shares of TAL Education (TAL) have been struggling lately and have lost 6.8% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earni ...

A downtrend has been apparent in TAL Education (TAL) lately with too much selling pressure. The stock has declined 11.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for sp ...

Investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.But there is more to this whole P/E story. Because not only low P/E, stocks with a rising P/E can also fetch strong returns. In this re ...

Investment Rating - Maintain "Buy" rating for TAL [5][6] Core Views - TAL's FY2025Q1 revenue reached $414 million, up 50.4% YoY, exceeding Bloomberg consensus by 5% [1] - Non-GAAP operating profit turned positive at $0.876 million with a 0.2% margin, better than Bloomberg's -7% expectation [1] - The company is expected to increase investments in Q2 FY2025, which may temporarily pressure margins but is aimed at future growth [4] Business Segments Learning Services - Offline quality education revenue grew by high double digits YoY in FY2025Q1, with over 400 outlets compared to 200 in FY2024Q1 [2] - Online school business saw strong performance in customer acquisition, with high double-digit sales growth on Douyin from January to July [2] - Deferred revenue increased to $640 million in FY2025Q1, up 66% YoY [2] Content Solutions - Launched the "Xueersi Learning Machine Classic Edition 2024" in May 2024, with estimated sales of 100,000 units in Q1 FY2025 [3] - The company is leveraging AI and technology to enhance product differentiation, such as the new math search and Q&A tool "Jiuzhang Suishiwen" [3] Financial Forecasts - Revenue for FY2025-FY2027 is projected to be $2.064 billion, $2.603 billion, and $2.951 billion, with YoY growth of 38%, 26%, and 13% respectively [5] - Net income attributable to shareholders is expected to be $17 million, $111 million, and $183 million for FY2025-FY2027 [5] - Non-GAAP net income is forecasted at $104 million, $196 million, and $266 million for the same period [5] Historical Context - TAL achieved a 46% CAGR in revenue from FY2010 to FY2021, driven by high-quality education services and standardized teaching systems [4] - Current store count of 400+ represents 36% of pre-"Double Reduction" levels, indicating significant growth potential [4]

Investment Rating - Maintain "Buy" rating with a 6-month outlook [3] Core Views - The company reported FY25Q1 revenue of $410 million, a 50% YoY increase, with net income attributable to shareholders of $10 million, turning from a loss to a profit [1] - Non-GAAP operating profit was $880,000, and Non-GAAP net income attributable to shareholders was $30 million, both turning from losses to profits [1] - Gross margin improved to 51.7%, up 2.4 percentage points YoY, while sales and marketing expenses decreased by 6 percentage points to 29.6%, and management expenses decreased by 12 percentage points to 26.5% [1] - The company's deferred revenue reached $640 million by the end of May, a 66% YoY increase [2] Business Performance Learning Services - The learning services business maintained growth momentum in FY25Q1, with the largest revenue contribution coming from the "Peiyou Small Class" quality education courses [1] - The company expanded its learning center network to meet the demand during the summer peak season, driving growth in student enrollment and maintaining stable retention and utilization rates [1] - Online learning business enhanced user interaction and optimized the learning experience [1] Content Solutions - The "Xueersi Learning Machine" achieved YoY growth in FY25Q1, with the launch of an upgraded classic version featuring improved hardware performance and expanded SKU options [1] - The learning machine is positioned for home-based self-learning scenarios, with continuous upgrades in both hardware and software, integrating AI-driven features to provide better learning tools [1] AI and Technology - The "Jiuzhang Large Model" completed the first round of education large model evaluation by the China Academy of Information and Communications Technology, receiving the highest rating of 4+ [2] - The company launched the "Jiuzhang Math Search and Q&A Tool" in June, providing students with a more convenient and efficient learning aid [2] - The company plans to continue developing the large model, improving data quality and adapting it to different ages, content, and scenarios [2] Financial Forecast - Revenue forecasts for FY25-FY27 are updated to $2.1 billion, $2.6 billion, and $3.2 billion, respectively, compared to previous estimates of $1.87 billion and $2.29 billion for FY25 and FY26 [2] - Non-GAAP net income attributable to shareholders is projected to be $110 million, $220 million, and $410 million for FY25-FY27, compared to previous estimates of $136 million and $253 million for FY25 and FY26 [2] - EPS is expected to be $0.5, $1.1, and $2.0 per share for FY25-FY27, compared to previous estimates of $0.64 and $1.19 for FY25 and FY26 [2] - The corresponding P/E ratios are 51x, 26x, and 14x for FY25-FY27 [2]

4 好未来（TAL） 更新报告 业绩维持高增长，加大投入或致利润短期承压。 业绩概览：公司 25 财年 1 季度（24 年 2 月-24 年 5 月）收入为 4.14 亿美元，同比增长 50.4%（美元计，下同），GAAP 归母净利润为 1140 万美元，去年同期为-4504 万美元；Non-GAAP 归母净利润 2961 万美 元，去年同期为-1952 万美元，同比扭亏。季度末公司现金+短期投资 为 33 亿美元，无银行负债。此外，公司递延收入为 6.4 亿，同比增 长 50%。 线下网点加速扩张，新业务高速增长：我们估算 25 财年 Q1 公司业务 结构:（1）教育培训业务占比约 75%，整体增长超 50%。其中素质教 育培训业务占比约 50%，同比增长约 80%，高中教培业务占比约 15%， 实现稳定增长。海外教培及其他业务总体占比较小。预估其线下教学 点增加超 400 间，对比 24 财年末 300-350 间，教学点扩张速度超预 期，为暑假旺季做储备。（2）内容解决方案占比约 25%，包含智能硬 件、实物出版、数字内容等，估算同比增长 50%+，主要受到学习机销 售收入驱动,预估学习机销售量达到 1 ...

Investment Rating - The report does not provide a specific investment rating for TAL Education Group (TAL N) [3] Core Views - TAL Education Group reported better-than-expected Q1 FY2025 results with net revenue of $414 million, a 50 4% YoY increase, surpassing market expectations of $396 million [2] - Non-GAAP operating profit turned positive at $0 88 million, compared to a market expectation of a $27 7 million loss [2] - Deferred revenue grew by 66% YoY to $642 million, indicating strong business momentum [2] - The company's offline small-class literacy business remains the primary revenue driver, with stable retention and utilization rates [2] - TAL Education Group is expanding its offline teaching centers, with 50-100 new centers opened in Q1 FY2025, bringing the total to over 400, a near 100% YoY increase [2] - The company continues to upgrade its learning machine product line, with the launch of the "Xueersi Learning Machine Classic Edition 2024" in May 2024 [2] Financial Performance - Q1 FY2025 net income was $414 million, a 50 4% YoY increase [2] - Operating loss narrowed by 70% YoY to $17 33 million [2] - Non-GAAP operating profit was $0 88 million, turning positive from a loss in the previous year [2] - Net income attributable to shareholders was $11 4 million, turning positive from a loss in the previous year [2] - Non-GAAP net income attributable to shareholders was $29 61 million, turning positive from a loss in the previous year [2] - Gross margin improved by 2 4 percentage points YoY to 51 7% [2] - Sales expenses increased by 25 4% YoY to $122 million, but the sales expense ratio decreased by 5 9 percentage points to 29 6% [2] - Management expenses increased by 4 5% YoY to $110 million, with the management expense ratio decreasing by 11 6 percentage points to 26 5% [2] - Share-based compensation expenses decreased by 28 6% YoY to $18 21 million, accounting for 4 4% of revenue, down 4 9 percentage points YoY [2] Business Expansion and Product Development - TAL Education Group is actively expanding its offline teaching centers, with 50-100 new centers opened in Q1 FY2025, bringing the total to over 400, a near 100% YoY increase [2] - The company continues to upgrade its learning machine product line, with the launch of the "Xueersi Learning Machine Classic Edition 2024" in May 2024 [2] - The learning machine product line now includes two series and four models, covering different price points and customer needs [2] Industry Outlook - The domestic education and training industry is benefiting from clearer and more stable policies, which are favorable for the long-term healthy development of compliant companies [2] - The industry is experiencing rapid growth in both revenue and capacity, with a positive outlook for the sector [2] - TAL Education Group, as a leader in K12 education and training, has shown effective transformation towards quality education and technology post the "Double Reduction" policy, with core education and training business recovering and growing under the drive of quality education [2] Valuation and Earnings Forecast - TAL Education Group's EPS for FY2025E is forecasted at $0 23, with a PE ratio of 37x [3] - For FY2026E, the EPS is forecasted at $0 47, with a PE ratio of 18x [3]