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, physics, chemistry, biology, history, geography, political science, English, Chinese, and others. The company provides tutoring services through small classes; personalized premium services; and online course offerings.
As of February 28, 2014, it operated a network of 274 learning centers and 251 service centers in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Wuhan, Xian, Chengdu, Nanjing, Hangzhou, Taiyuan, Zhengzhou, Chongqing, Suzhou, Shenyang, and Jinan; and call centers in Beijing, Shanghai, Tianjin, Guangzhou, and Shenzhen. The company also operates eduu.com, an online education platform that serves as a gateway to its online courses and other Websites that offer specific topics, such as college entrance examinations, high school entrance examinations, preschool education, personalized premium services, study abroad, mathematics, English, Chinese composition, small-class training under its Xueersi Peiyou brand, tutoring services for students aged three through eight under its Mobby brand, and raising infants and toddlers.
In addition, it offers educational content through mobile applications; provides education and management consulting services; sells software; and is engaged in the software and network development, sales, and consulting service activities.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.
52-Week Trading Range: $11.30 - $29.97
Entry Point: $27.30
Stop Loss: $25.94
Target Price: $30.03
Taking profits of XRS after it reached our target price. Closed at $30.16.