TAL Education Group ADR
TAL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$2.10 | Sctz | Tbcr |
TAL Repositions Itself as a Smart Learning Solutions Provider
TAL Education Group’s loss in the fourth quarter of fiscal 2022 was expected as the K-9 academic after-school tutoring business, which accounted for about 80% of total revenue, was terminated in December. TAL Education announced three new business initiatives, but we are cautious about their contributions at this early stage.