The stock of Team, Inc. (NYSE:TISI) is a huge mover today! The stock increased 5.54% or $2.05 during the last trading session, hitting $39.05. About 197,416 shares traded hands. Team, Inc. (NYSE:TISI) has risen 18.86% since April 22, 2016 and is uptrending. It has outperformed by 13.45% the S&P500.
The move comes after 6 months positive chart setup for the $1.15 billion company. It was reported on Nov, 25 by Barchart.com. We have $41.39 PT which if reached, will make NYSE:TISI worth $69.00M more.
Team, Inc. (NYSE:TISI) Ratings Coverage
Out of 2 analysts covering Team (NYSE:TISI), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Team has been the topic of 3 analyst reports since August 12, 2015 according to StockzIntelligence Inc. BB&T Capital downgraded Team, Inc. (NYSE:TISI) on Thursday, January 7 to “Hold” rating. The stock has “Buy” rating given by Johnson Rice on Monday, October 5. The firm has “Hold” rating given on Wednesday, August 12 by Zacks.
According to Zacks Investment Research, “TEAM, INC. is a professional full service provider of environmental engineering, consulting, monitoring and repair services. Environmental engineering, consulting and monitoring services, primarily in air quality together with on-stream leak repair and related industrial services for piping systems and process equipment, are provided by subsidiaries of the Company through its Environmental Services business segment.”
Insitutional Activity: The institutional sentiment decreased to 1.32 in 2016 Q2. Its down 0.46, from 1.78 in 2016Q1. The ratio fall, as 11 funds sold all Team, Inc. shares owned while 29 reduced positions. 29 funds bought stakes while 42 increased positions. They now own 26.85 million shares or 9.15% more from 24.60 million shares in 2016Q1.
Rhumbline Advisers last reported 0% of its portfolio in the stock. Inv Mngmt Of Virginia Ltd Liability accumulated 0.29% or 46,077 shares. Moreover, Blackrock Institutional Tru Na has 0% invested in Team, Inc. (NYSE:TISI) for 765,791 shares. King Luther Cap Mngmt Corp holds 0.04% or 180,255 shares in its portfolio. Sii Investments Wi holds 0.04% or 20,160 shares in its portfolio. Northern, a Illinois-based fund reported 392,104 shares. The Illinois-based Envestnet Asset Mngmt Inc has invested 0% in Team, Inc. (NYSE:TISI). Invesco, a Georgia-based fund reported 1.15 million shares. Wealthtrust Axiom Lc last reported 159,269 shares in the company. Gabelli Funds Limited Com has 199,172 shares for 0.03% of their US portfolio. Royal Comml Bank Of Canada accumulated 527,690 shares or 0.01% of the stock. Blackrock Fund Advsrs has invested 0.01% of its portfolio in Team, Inc. (NYSE:TISI). Comerica Financial Bank has 29,712 shares for 0.01% of their US portfolio. Bancorporation Of Montreal Can holds 0% of its portfolio in Team, Inc. (NYSE:TISI) for 17,617 shares. The Pennsylvania-based Sei Invests has invested 0% in Team, Inc. (NYSE:TISI).
Insider Transactions: Since August 29, 2016, the stock had 0 buys, and 3 sales for $1.81 million net activity. On Monday, November 14 the insider OWEN TED W sold $770,910. Lescroart Emmett J also sold $951,692 worth of Team, Inc. (NYSE:TISI) on Tuesday, September 6.
More news for Team, Inc. (NYSE:TISI) were recently published by: Nasdaq.com, which released: “Team, Inc. Reports Third Quarter 2016 Results” on November 01, 2016. Reuters.com‘s article titled: “BRIEF-Team Inc reports Q3 loss per share $0.14” and published on November 01, 2016 is yet another important article.
TISI Company Profile
Team, Inc., incorporated on October 20, 2006, is a well-known provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels that are utilized in the refining, petrochemical, power, pipeline and other heavy industries. The Firm conducts its activities through three divisions: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group. As of December 31, 2015, the Company offered its services in over 150 locations across the world.
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