Team (NYSE:TISI) Issues Quarterly Earnings Results

Team (NYSE:TISIGet Free Report) released its earnings results on Thursday. The business services provider reported ($1.21) EPS for the quarter, FiscalAI reports. The company had revenue of $224.83 million during the quarter.

Team Trading Up 0.1%

TISI stock traded up $0.02 during midday trading on Thursday, hitting $14.53. The company had a trading volume of 3,498 shares, compared to its average volume of 5,537. Team has a 52 week low of $12.34 and a 52 week high of $24.25. The stock’s 50 day moving average price is $14.30 and its 200 day moving average price is $15.40. The stock has a market cap of $65.82 million, a price-to-earnings ratio of -1.23 and a beta of 1.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GSA Capital Partners LLP bought a new stake in Team during the 3rd quarter valued at $188,000. DRW Securities LLC bought a new stake in Team in the 4th quarter worth $168,000. Dimensional Fund Advisors LP grew its holdings in Team by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 15,057 shares of the business services provider’s stock worth $250,000 after acquiring an additional 1,204 shares during the last quarter. Susquehanna International Group LLP increased its position in shares of Team by 5.1% in the third quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock valued at $286,000 after acquiring an additional 834 shares during the period. Finally, DG Capital Management LLC purchased a new position in shares of Team in the fourth quarter valued at about $913,000. Institutional investors own 46.57% of the company’s stock.

Team News Roundup

Here are the key news stories impacting Team this week:

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on Team

About Team

(Get Free Report)

Team, Inc (NYSE:TISI) designs, engineers and manufactures industrial screen printing and digital printing equipment for a variety of end markets. The company’s solutions are used primarily in textile decorating, apparel, signage and graphics, and specialty industrial applications. By combining precision mechanical design with automated controls, Team delivers systems that enhance production speed, print quality and repeatability for its customers.

Team’s product portfolio includes manual and automatic screen presses, inkjet UV LED curing systems, digital direct-to-garment printers and hybrid platforms that integrate multiple printing technologies.

Further Reading

Earnings History for Team (NYSE:TISI)

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