Team (NYSE:TISI) Raised to Strong-Buy at StockNews.com

Team (NYSE:TISI) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Monday.

Team Stock Performance

NYSE:TISI opened at $18.00 on Monday. The company’s 50-day moving average is $16.44 and its two-hundred day moving average is $16.84. Team has a 1-year low of $5.97 and a 1-year high of $26.77. The company has a debt-to-equity ratio of 17.55, a current ratio of 1.80 and a quick ratio of 1.57. The firm has a market capitalization of $80.73 million, a price-to-earnings ratio of -1.46 and a beta of 1.91.

Team (NYSE:TISI) last released its quarterly earnings data on Wednesday, March 19th. The business services provider reported ($0.82) EPS for the quarter. The business had revenue of $213.30 million during the quarter. Team had a negative net margin of 6.35% and a negative return on equity of 152.34%.

Institutional Trading of Team

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC lifted its position in Team by 7.3% in the third quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock valued at $4,189,000 after buying an additional 18,733 shares during the last quarter. Manatuck Hill Partners LLC raised its stake in shares of Team by 23.0% in the 4th quarter. Manatuck Hill Partners LLC now owns 62,075 shares of the business services provider’s stock valued at $787,000 after acquiring an additional 11,625 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Team by 4.8% in the 4th quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider’s stock worth $564,000 after acquiring an additional 2,033 shares during the last quarter. Northern Trust Corp boosted its position in shares of Team by 52.6% during the 4th quarter. Northern Trust Corp now owns 35,966 shares of the business services provider’s stock worth $456,000 after purchasing an additional 12,400 shares during the period. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Team during the 4th quarter worth approximately $140,000. 46.57% of the stock is owned by institutional investors and hedge funds.

Team Company Profile

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.