|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||28.23 - 30.07|
|52-week range||12.95 - 36.16|
|PE ratio (TTM)||116.90|
|Earnings date||25 Jan 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||36.64|
A lot of fast growing Chinese companies look cheap next to comparable western companies. Aalok Devkota has adapted Warren Buffett's value investing approach to select Chinese stocks. His investment in TAL Education Group has returned 279% in 2 years. Here's what he has learned.
TAL Education is working on a base and near a possible buy point ahead of its earnings report expected around Jan. 25 .
Focus on offline and online education services along with strong earnings and revenues growth prospects make us optimistic about TAL Education's (TAL) performance.
Beijing is home to 65 billionaires, the most of any city in China. And no surprise, the tech field generated more than a third of that number.
TAL Education reported weaker-than-expected quarterly earnings growth, following a profit miss earlier this week by New Oriental Education.
On a per-share basis, the Beijing-based company said it had profit of 10 cents. Earnings, adjusted for stock option expense, came to 12 cents per share. The education services provider posted revenue of ...