Earnings And Analyst Opinion Offer Spending Insights: Seattle Genetics, Inc. (SGEN), TAL Education Group (TAL)

Seattle Genetics, Inc. (NASDAQ:SGEN) is struggling to gain traction with investors, as evidenced by its 1.43 million shares volume. The daily trading volume average remained 0.99 million shares over the course of 3 months. The stock had opened the regular trading at $53.41 and managed a -3% price change to reach $51.78 through the close.

Seattle Genetics, Inc. (SGEN) Analyst Opinion

Seattle Genetics, Inc. has a consensus outperform rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 9.01% of shares outstanding. The stock sank -6.31% last month and is down -3.21 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover SGEN having a buy-equivalent rating. Analysts have placed a $64.57 price target on Seattle Genetics, Inc., suggesting a 24.7% gain from recent close. It’s currently trading about -27.39% below its 52-week high.

Seattle Genetics, Inc. Earnings Surprise

Seattle Genetics, Inc. (SGEN) surprised the stock market in its last reported earnings when it earned -$0.19 a piece versus the consensus-estimated -$0.42. Its revenue totaled $112.8 million up 4.23% from the previous quarter.

Seattle Genetics, Inc. (NASDAQ:SGEN) Intraday View

This stock (SGEN) is ahead of its 52-week low with 14.28%. Its last month’s stock price volatility remained 2.92% which for the week stands at 3.22%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.27% and stays -9.01% away from its 50 days moving average. Over the last five days, shares have faced -6.75% losses and now is down -10.34% since hitting its 200-day moving average of $54.78. Seattle Genetics, Inc. (SGEN) has made its way to a 12-month decline of -7.2%.

Turning to TAL Education Group (NYSE:TAL), its shares were trading at $32.4 a retreat of $-0.86, on the trading floor. The stock, after opening at $33.31, touched a high of $33.43 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. TAL Education Group has 13 buy ratings, 5 holds and 0 sells even after the stock tumbled -10.4% from its high of $36.16 to a $16.16 billion market value through last close.

TAL Education Group (TAL) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 1.73 to 1.7 during a month. Analysts set a 12-month price target of $36.34 a share. The target implies a 12.16% spike from where the shares are currently trading. Also, the current price highlights a discount of 60.49% to analysts’ high consensus price target.

TAL Education Group (NYSE:TAL) Intraday Trading

The counter witnessed a trading volume of 2.97 million shares versus an average volume of 5.06 million shares during last trading session. Its last month’s stock price volatility remained 4.99% which for the week approaches 3.92%. The lowest price the stock reached in the last trading day was $31.88 and compares with the $12.29 52-week low. The stock recovered 163.56% since its low point and has performed 9.05% year-to-date.

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