Team (NYSE:TISI) issued its quarterly earnings results on Tuesday. The business services provider reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.62, Fidelity Earnings reports. Team had a negative net margin of 5.20% and a negative return on equity of 5.20%. The company had revenue of $309.80 million for the quarter, compared to the consensus estimate of $316.80 million.
Shares of NYSE:TISI opened at $18.84 on Thursday. Team has a twelve month low of $12.85 and a twelve month high of $25.55. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.27 and a current ratio of 2.61. The company has a market capitalization of $511.24 million, a P/E ratio of -24.15 and a beta of 1.59.
Several brokerages recently weighed in on TISI. Zacks Investment Research upgraded shares of Team from a “sell” rating to a “hold” rating in a report on Saturday, January 5th. KeyCorp set a $23.00 price target on shares of Team and gave the stock a “buy” rating in a report on Tuesday, January 29th. Finally, ValuEngine downgraded shares of Team from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Team has an average rating of “Hold” and an average price target of $24.00.
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Team, Inc provides specialty industrial services in the United States, Canada, Europe, and internationally. The company operates through three segments: TeamQualspec Group (TeamQualspec), TeamFurmanite Group (TeamFurmanite), and Quest Integrity. The TeamQualspec segment offers non-destructive evaluation and testing, radiographic testing, ultrasonic testing, magnetic particle inspection, liquid penetrant inspection, positive material identification, electromagnetic testing, eddy current testing, and alternating current field measurement services.
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