Daily Technical Summary Report on TAL Education Group and a Few Education & Training Services Stocks

Stock Research Monitor: CHGG, HMHC, and EDU

LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want a free Stock Review on TAL sign up now at www.wallstequities.com/registration. Featured on WallStEquities.com are the following Education and Training Services companies: Chegg Inc. (NYSE: CHGG), Houghton Mifflin Harcourt Co. (NASDAQ: HMHC), New Oriental Education & Technology Group Inc. (NYSE: EDU), and TAL Education Group (NYSE: TAL). The Educational Services industry is composed of establishments that provide instruction and training on a wide variety of subjects. These institutions, which include schools, colleges, universities, and training centers, are either privately or publicly owned. All you have to do is sign up today for this free limited time offer by clicking the link below.

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Chegg

On Wednesday, shares in Santa Clara, California headquartered Chegg Inc. recorded a trading volume of 1.45 million shares. The stock ended at $24.70, declining slightly by 0.96% from the last trading session. The Company’s shares have gained 17.45% in the last month, 50.33% over the previous three months, and 112.75% over the past year. The stock is trading above its 50-day and 200-day moving averages by 13.14% and 44.02%, respectively. Furthermore, shares of Chegg, which operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials, have a Relative Strength Index (RSI) of 65.00.

On April 26th, 2018, Chegg reported Q1 2018 total net revenues of $76.9 million, net loss of $2.6 million, and adjusted EBITDA of $16.7 million. For Q2 2018, the Company expects total net revenues to be in the range of $69 million to $71 million, and adjusted EBITDA to be in the range of $17 million to $18.5 million.

On April 27th, 2018, research firm Lake Street reiterated its ‘Hold’ rating on the Company’s stock with an increase of the target price from $16 a share to $20 a share. Get the full research report on CHGG for free by clicking below at:

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Houghton Mifflin Harcourt

Boston, Massachusetts headquartered Houghton Mifflin Harcourt Co.’s stock finished yesterday’s session 1.46% higher at $6.95. A total volume of 743,482 shares was traded, which was above their three months average volume of 729,950 shares. The Company’s shares are trading below their 50-day moving average by 4.01%. Furthermore, shares of Houghton Mifflin Harcourt, which provides content, services, and technology solutions for educational institutions and consumers worldwide, have an RSI of 42.23.

On May 03rd, 2018, Houghton Mifflin Harcourt announced a partnership to integrate writing practice and formative assessment platform, Writable, into its core English language arts (ELA) programs. By leveraging ELA program resources alongside Writable’s robust feedback and revision engine, the collaboration will help students become confident, reflective writers and empower educators with intuitive digital tools for managing feedback and guiding writing growth. The free technical report on HMHC can be accessed at:

www.wallstequities.com/registration/?symbol=HMHC

New Oriental Education & Technology Group

At the close of trading on Wednesday, shares in Beijing, China headquartered New Oriental Education & Technology Group Inc. saw a slight decline of 0.28%, ending the day at $91.99. The stock recorded a trading volume of 713,428 shares. The Company’s shares have advanced 6.09% in the previous three months and 38.12% over the past year. The stock is trading 1.31% and 3.57% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which provides private educational services under the New Oriental brand in China, have an RSI of 51.34.

On April 24th, 2018, New Oriental Education & Technology Group announced its unaudited results for fiscal Q3 ended February 28th, 2018. Total net revenues for Q3 FY18 were US$618.1 million, operating income was US$58.4 million, and net income attributable to the Company was US$68.4 million. Net operating cash flow for the quarter was approximately US$108.2 million, and capital expenditures were US$60.0 million. Sign up for free on Wall St. Equities and claim the latest report on EDU at:

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TAL Education Group

Beijing, the China headquartered TAL Education Group’s shares ended the day 1.65% higher at $40.00 with a total trading volume of 3.52 million shares. The stock has gained 8.49% in the last month, 25.31% over the previous three months, and 95.17% over the past year. The Company’s shares are trading 8.01% above their 50-day moving average and 23.97% above their 200-day moving average. Additionally, shares of TAL Education, which through its subsidiaries, provides K-12 after-school tutoring services in China, have an RSI of 64.16.

On April 26th, 2018, TAL Education announced its unaudited financial results for Q4 FY18 and fiscal year ended February 28th, 2018. For Q4 of fiscal 2018, net revenues were US$504.1 million, income from operations was US$66.9 million, and net income attributable to the Company was US$69.5 million. For the full fiscal year 2018, net revenues were US$1,715.0 million, income from operations was US$208.6 million, and net income attributable to the Company was US$198.4 million.

On April 27th, 2018, research firm The Benchmark Company reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $37 a share to $42 a share. See the free research coverage on TAL at:

www.wallstequities.com/registration/?symbol=TAL

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