Team, Inc. (NYSE:TISI - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.94 and traded as high as $17.91. Team shares last traded at $16.32, with a volume of 10,980 shares trading hands.
Key Stories Impacting Team
Here are the key news stories impacting Team this week:
- Positive Sentiment: Independent director materially increased ownership (reported ~143% increase), signaling insider confidence and providing some support for the share price. Team Lead Independent Director Acquires 143% More Stock
- Neutral Sentiment: Broader fintech/treasury technology trends — treasury teams shifting to mobile and real-time cash management — may create longer-term opportunities for business-service providers, but the connection to Team, Inc.’s near-term revenue is indirect and uncertain. Treasury Teams Shift to Mobile Platforms to Manage Real-Time Cash
- Negative Sentiment: Company remains unprofitable: last quarter (reported 3/12) showed a ($1.21) EPS on $224.8M revenue. The negative EPS, negative valuation metrics (reported negative PE), small market cap (~$75M) and low average trading volume increase perceived risk and likely drive selling pressure and volatility.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Team in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Team presently has a consensus rating of "Sell".
Get Our Latest Stock Report on Team
Team Price Performance
The business's 50 day moving average is $14.85 and its 200-day moving average is $14.94. The company has a market cap of $74.58 million, a PE ratio of -1.39 and a beta of 1.02.
Team (NYSE:TISI - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The business services provider reported ($1.21) earnings per share (EPS) for the quarter. The company had revenue of $224.83 million for the quarter.
Insider Transactions at Team
In other news, Director Edward J. Stenger purchased 3,583 shares of the firm's stock in a transaction that occurred on Tuesday, March 24th. The stock was bought at an average price of $16.31 per share, for a total transaction of $58,438.73. Following the completion of the purchase, the director directly owned 14,890 shares of the company's stock, valued at $242,855.90. The trade was a 31.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.70% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in TISI. Corre Partners Management LLC lifted its position in shares of Team by 1.1% during the 4th quarter. Corre Partners Management LLC now owns 1,604,326 shares of the business services provider's stock worth $22,669,000 after buying an additional 17,030 shares during the last quarter. Barclays PLC lifted its position in shares of Team by 3.5% during the 3rd quarter. Barclays PLC now owns 299,528 shares of the business services provider's stock worth $4,966,000 after buying an additional 10,014 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Team by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 162,570 shares of the business services provider's stock worth $2,695,000 after buying an additional 2,667 shares during the last quarter. Manatuck Hill Partners LLC lifted its position in shares of Team by 16.1% during the 2nd quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider's stock worth $1,312,000 after buying an additional 10,000 shares during the last quarter. Finally, IES Holdings Inc. purchased a new stake in shares of Team during the 4th quarter worth approximately $1,060,000. Hedge funds and other institutional investors own 46.57% of the company's stock.
Team Company Profile
(
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.
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