Team (NYSE:TISI) Upgraded by StockNews.com to Strong-Buy Rating

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

Team Trading Down 4.9 %

Shares of NYSE TISI opened at $16.51 on Tuesday. Team has a twelve month low of $5.05 and a twelve month high of $26.77. The stock has a market cap of $74.11 million, a price-to-earnings ratio of -1.34 and a beta of 1.85. 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 company’s fifty day moving average is $15.71 and its 200-day moving average is $15.60.

Team (NYSE:TISI) last posted 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 business had revenue of $210.76 million for the quarter.

Institutional Investors Weigh In On Team

Several large investors have recently made changes to their positions in TISI. Renaissance Technologies LLC acquired a new stake in Team in the 2nd quarter valued at approximately $118,000. Geode Capital Management LLC grew its stake in shares of Team by 10.3% during the 3rd quarter. Geode Capital Management LLC now owns 42,438 shares of the business services provider’s stock worth $647,000 after acquiring an additional 3,973 shares in the last quarter. Finally, Barclays PLC raised its holdings 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 purchasing an additional 18,733 shares during the last quarter. 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.