QUOTE AND NEWS
DailyFinance  Apr 15  Comment 
CINCINNATI, OH--(Marketwired - April 15, 2014) - XRS Corporation (formerly Xata Corporation) (NASDAQ: XRSC), the leader in mobile fleet optimization solutions, today announced Shamrock Foods -- a nationally-ranked manufacturer...
DailyFinance  Apr 14  Comment 
CINCINNATI, OH--(Marketwired - April 14, 2014) - As a leading provider to private fleets, XRS Corporation (NASDAQ: XRSC) is announcing a new addition to its mobile fleet optimization solution aimed at bringing insight into customer's routes,...
StreetInsider.com  Feb 6  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/XRS+%28XRSC%29+Reports+Q1+EPS+of+%240.07/9133449.html for the full story.
SeekingAlpha  Feb 4  Comment 
By Alex Bird: With an earnings report, an investment in another company, and large swings in the price of its stock, January was a lively month for TAL Education Group (XRS), a K-12 private education provider in China. XRS posted strong gains for...
TheStreet.com  Jan 28  Comment 
NEW YORK (TheStreet) -- TAL Education  , a Chinese education technology provider, gained 15% to $24.41 on Tuesday, rebounding from its loss on Monday along with and several other China-based stocks. TAL Education recently announced an...
TheStreet.com  Jan 27  Comment 
NEW YORK (TheStreet) -- TAL Education Group  was falling 10.88% to $20.96 on Monday afternoon despite the company's announcement of an investment in Babytree, which provides products and services both online and offline to help with pregnancy...
Benzinga  Jan 23  Comment 
In a report published Thursday, Morgan Stanley analyst Philip Wan downgraded TAL Education Group (NYSE: XRS) to Equal-weight from Overweight, raising its price target to $25.00 from $17.60. According to the report, XRS delivered a robust F3Q,...
Benzinga  Jan 23  Comment 
SeekingAlpha  Jan 22  Comment 
TAL Education Group (ADR) (XRS) Q3 2014 Earnings Call January 22, 2014 8:00 AM ET Executives Mei Li - IR, Manager Joseph Kaufman - CFO Analyst Philip Wan - Morgan Stanley Fei Fang - Goldman Sachs Clara Fan - Jefferies ...
SeekingAlpha  Jan 13  Comment 
By Alex Bird: Last week, I wrote about two companies in China's private education sector whose stock enjoyed strong gains in 2013. Another private education company in China whose U.S.-listed stock also had a stellar 2013 is TAL Education Group...
SeekingAlpha  Jan 3  Comment 
By John Leonard: (Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.) Key takeaways XRS Corp....




 
TOP CONTRIBUTORS

TAL Education Group (NYSE:XRS) is the largest Chinese after-school tutoring service by revenue. The company tutors students in grades K-12 in the core academic subjects such as mathematics, English, Chinese, physics, chemistry and biology. The tutoring services are administed through small classes, one-on-one, and online courses with varying fees associated with each. The company operates 109 learning centers and 87 service centers across China, but primarily in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin, and Wuhan.[1]

The company hopes to take advantage of the rise of China's middle class and the general increased interest in education to foster continued growth. The company has managed to increase its enrollment size from 68K in 2008 to 383K in 2010.[1] In addition, the tutoring market in China is highly fragmented. There is not individual player which makes up more than 1% of the market share. TAL Education hopes to take advantage of this fragmentation by growing without facing any unified competitors.[2]

The company's initial public offering of stock on the NYSE occurred on October 19, 2010. The company offered 12M shares each for $10. This was at the high high end of the initial price range of $8-$10. The IPO raised a total of $120M. The lead underwriters of the deal were Credit Suisse Group (CS) and Morgan Stanley (MS).[3]

TAL Education has been able to grow its revenues over the past 3 years. In 2008, it reported total revenue of $8.9M, and in 2010, it reported $70M in total revenue. The company has been able to increase net income as well. In 2008, its Net Income figure was $1.5M, while in 2010, it reported $14M.[4]


References

  1. 1.0 1.1 XRS 2010 F-1 Prospectus Summary "Our Business" p.1
  2. XRS 2010 F-1 Prospectus Summary "Market Opportunity" p.2
  3. Renaissance Capital - IPO Home "TAL Education prices IPO at $10, at the high end of the range" 20 Oct 2010
  4. XRS 2010 F-1 Prospectus Summary "Summary Consolidated Financial Data and Operating Data" p.10
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki