TAL Education Group (XRS) provides K-12 after-school tutoring services under the Xueersi brand name in China.
It offers tutoring services to K-12 students covering various academic subjects, including mathematics, English, Chinese, physics, chemistry, biology, history, political science, and geography, as well as preschool classes.
The company provides tutoring services through small classes; personalized premium services, such as one-on-one tutoring; and online course offerings.
As of February 28, 2013, it operated a network of 255 learning centers and 237 service centers in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Wuhan, Xi'an, Chengdu, Nanjing, Hangzhou, Taiyuan, Zhengzhou, Chongqing, Suzhou, and Shenyang; and 6 call centers in Beijing, Shanghai, Tianjin, Guangzhou, Shenzhen, and Nanjing. The company also operates eduu.com, an online education platform that serves as a gateway to its online courses and other Websites that offer topics, such as college entrance examinations, high school entrance examinations, preschool education, personalized premium services, study abroad, mathematics, English, Chinese composition, small-class training, preschool training under the Mobby brand, and raising infants and toddlers.
In addition, it offers education and management consulting services; sells software; and engages in the software and network development, and consulting services.
Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock.
52-Week Trading Range: $8.16 - $24.48
Entry Point: $24.60
Stop Loss: $23.37
Target Price: $27.06
XRS fell below our stop loss. The firm reported strong earnings yesterday and guided higher but got caught in the market downdraft!