StockNews.com upgraded shares of Team (NYSE:TISI - Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Monday morning.
Team Price Performance
TISI traded up $0.97 during midday trading on Monday, reaching $17.76. 9,077 shares of the company's stock were exchanged, compared to its average volume of 13,763. The company has a quick ratio of 1.57, a current ratio of 1.80 and a debt-to-equity ratio of 17.55. The business has a 50-day simple moving average of $16.49 and a two-hundred day simple moving average of $16.84. The firm has a market capitalization of $79.77 million, a price-to-earnings ratio of -1.44 and a beta of 1.91. Team has a one year low of $5.97 and a one year high of $26.77.
Team (NYSE:TISI - Get Free Report) last posted its quarterly earnings data on Wednesday, March 19th. The business services provider reported ($0.82) earnings per share for the quarter. The firm had revenue of $213.30 million for the quarter. Team had a negative return on equity of 152.34% and a negative net margin of 6.35%.
Institutional Investors Weigh In On Team
A number of institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in Team by 11,511.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider's stock worth $25,000 after acquiring an additional 1,957 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Team by 4.8% in the fourth quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider's stock valued at $564,000 after acquiring an additional 2,033 shares during the last quarter. Dimensional Fund Advisors LP acquired a new position in Team during the fourth quarter worth $140,000. Manatuck Hill Partners LLC grew its holdings in Team by 23.0% during the fourth quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider's stock worth $787,000 after purchasing an additional 11,625 shares during the period. Finally, Northern Trust Corp increased its position in Team by 52.6% during the fourth quarter. Northern Trust Corp now owns 35,966 shares of the business services provider's stock worth $456,000 after buying an additional 12,400 shares during the last quarter. 46.57% of the stock is owned by institutional investors and hedge funds.
About Team
(
Get Free Report)
Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.
Featured Stories
Before you consider Team, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Team wasn't on the list.
While Team currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
