Team (TISI) Earns Daily Coverage Optimism Score of 0.14
Press coverage about Team (NYSE:TISI) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Team earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 46.6895058099043 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Drew Forman And Evan Karp Join Cowen’s Derivatives Sales And Trading Team (thestreet.com)
- Pinnacle poaches again, taking entire team from SunTrust (bizjournals.com)
- You Can Maintain a Winning Sales Team, All Thanks to This Russian Proverb (inc.com)
- Zacks Investment Research Upgrades Team, Inc. (TISI) to “Hold” (americanbankingnews.com)
- Team, Inc. breached its 50 day moving average in a Bearish Manner : TISI-US : October 11, 2017 (finance.yahoo.com)
Shares of Team (TISI) traded down 0.40% during midday trading on Thursday, hitting $12.45. The company had a trading volume of 579,788 shares. Team has a 12 month low of $10.45 and a 12 month high of $39.70. The company has a 50-day moving average of $12.92 and a 200 day moving average of $20.23. The firm’s market capitalization is $371.50 million.
Team (NYSE:TISI) last released its earnings results on Monday, August 7th. The business services provider reported ($0.23) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.54). The company had revenue of $312.26 million for the quarter, compared to analyst estimates of $309.60 million. Team had a negative return on equity of 2.22% and a negative net margin of 2.83%. On average, analysts expect that Team will post ($0.52) EPS for the current fiscal year.
A number of equities research analysts recently weighed in on TISI shares. Stephens cut Team from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $34.00 to $19.00 in a research note on Tuesday, July 25th. Zacks Investment Research upgraded Team from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Johnson Rice cut Team from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $36.00 to $26.00 in a research note on Tuesday, July 25th. BidaskClub upgraded Team from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Finally, TheStreet cut Team from a “c-” rating to a “d+” rating in a research note on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Team presently has a consensus rating of “Hold” and an average target price of $22.50.
In other Team news, Director Louis A. Waters acquired 17,500 shares of the stock in a transaction dated Wednesday, August 16th. The stock was acquired at an average cost of $11.40 per share, with a total value of $199,500.00. Following the transaction, the director now owns 160,580 shares in the company, valued at approximately $1,830,612. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jeffery Gerald Davis acquired 5,000 shares of the stock in a transaction dated Thursday, August 10th. The shares were acquired at an average cost of $10.96 per share, with a total value of $54,800.00. Following the completion of the transaction, the director now owns 13,869 shares in the company, valued at approximately $152,004.24. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 36,000 shares of company stock valued at $408,130. Insiders own 4.10% of the company’s stock.
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.
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