TAL Education Group ( XRS ), a provider of education services, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on XRS's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames, suggesting that TAL Education could be a solid choice for investors.Current Quarter Estimates for XRS
In the past 30 days, 2 estimates have gone higher for TAL Education. The trend has been pretty favorable too, with estimates increasing from 13 cents a share 30 days ago, to 15 cents per share today, a move of 15%.Current Year Estimates for XRS
Meanwhile, TAL Education's current year figures are also looking quite promising with 4 estimates moving higher in the past month. The consensus estimate trend has seen a boost for this time frame, increasing from 59 cents per share 30 days ago to 69 cents per share today, an increase of 16.9%.Bottom Line
The stock has also started to move higher lately, adding 8.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
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. Click to get this free report >>TAL EDUCATN-ADR (XRS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research