Team, Inc. (NYSE:TISI) announced its quarterly earnings results on Monday. The business services provider reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of $0.31 by $0.54, Bloomberg Earnings reports. The business had revenue of $312.26 million for the quarter, compared to the consensus estimate of $309.60 million. Team had a positive return on equity of 1.02% and a negative net margin of 1.28%.

Team (TISI) traded down 7.34% during mid-day trading on Tuesday, hitting $12.00. 965,616 shares of the stock traded hands. Team has a 52 week low of $11.25 and a 52 week high of $39.70. The firm’s market cap is $357.77 million. The firm’s 50-day moving average price is $22.40 and its 200-day moving average price is $27.02.

A number of brokerages have commented on TISI. TheStreet cut shares of Team from a “c-” rating to a “d+” rating in a research note on Tuesday, July 25th. Stephens cut shares of Team from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $34.00 to $19.00 in a research note on Tuesday, July 25th. Zacks Investment Research upgraded shares of Team from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub cut shares of Team from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Finally, ValuEngine cut shares of Team from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Team has an average rating of “Hold” and an average target price of $22.50.

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Team Company Profile

Team, Inc is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels. The Company conducts its operations through three segments: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group.

Earnings History for Team (NYSE:TISI)

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