Team (NYSE:TISI) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Team (NYSE:TISI) from a buy rating to a strong-buy rating in a research report report published on Tuesday.

Team Price Performance

Shares of NYSE:TISI opened at $16.84 on Tuesday. The company has a debt-to-equity ratio of 17.55, a quick ratio of 1.57 and a current ratio of 1.80. The firm has a fifty day moving average price of $15.73 and a 200 day moving average price of $15.61. Team has a fifty-two week low of $5.05 and a fifty-two week high of $26.77. The firm has a market cap of $75.59 million, a price-to-earnings ratio of -1.37 and a beta of 1.85.

Team (NYSE:TISI) last issued its earnings results on Monday, November 11th. The business services provider reported ($2.84) earnings per share for the quarter. Team had a negative return on equity of 152.34% and a negative net margin of 6.35%. The company had revenue of $210.76 million for the quarter.

Institutional Investors Weigh In On Team

A number of hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in Team by 10.3% during the third quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock valued at $647,000 after purchasing an additional 3,973 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Team in the second quarter valued at $118,000. Finally, Barclays PLC raised its stake in shares of 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 acquiring an additional 18,733 shares during the period. Hedge funds and other institutional investors own 46.57% of the company’s stock.

About Team

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.