Team (NYSE:TISI) Posts Earnings Results

Team (NYSE:TISI) released its quarterly earnings results on Monday. The business services provider reported ($1.73) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($5.94) by $4.21, Zacks reports.

Team Trading Down 1.2%

NYSE TISI traded down $0.21 on Monday, hitting $16.79. 21,093 shares of the company traded hands, compared to its average volume of 7,533. The business’s 50 day moving average price is $16.97 and its 200-day moving average price is $15.97. Team has a 52-week low of $12.34 and a 52-week high of $19.99. The company has a market capitalization of $76.73 million, a price-to-earnings ratio of -2.04 and a beta of 1.04.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Team in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Team News Summary

Here are the key news stories impacting Team this week:

• Neutral Sentiment: Sekur Private Data (OTCQB: SWISF; CSE: SKUR) is promoting its SekurOne controlled-unclassified-information communications platform at a U.S. intelligence conference. This is unrelated to Team, Inc. Sekur Private Data Government Team Attending DoDIIS Worldwide Intelligence Conference
• Neutral Sentiment: Other reports cover Nvidia’s potential $500 billion AI-infrastructure funding partnership, Trupanion’s veterinary education course, PTX Metals and Huanxi Media management changes, and a proposed Cloudflare-Starlink networking collaboration. None involves TISI or directly affects its outlook.
• Neutral Sentiment: Several articles discuss Bitcoin security research, including the discovery of thousands of vulnerabilities across crypto projects. These developments do not identify Team, Inc. as a participant or beneficiary.
• Neutral Sentiment: Additional stories about travel-expense management and political or sports-related topics have no apparent connection to Team’s inspection, maintenance, and industrial-services businesses.

Insider Buying and Selling

In related news, CEO Gary L. Hill acquired 6,250 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were purchased at an average price of $16.00 per share, with a total value of $100,000.00. Following the completion of the purchase, the chief executive officer directly owned 51,687 shares of the company’s stock, valued at $826,992. This represents a 13.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders bought a total of 12,650 shares of company stock valued at $203,862 in the last three months. Corporate insiders own 8.80% of the company’s stock.

Institutional Investors Weigh In On Team

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP lifted its stake in shares of Team by 5.1% during the 3rd quarter. Susquehanna International Group LLP now owns 17,263 shares of the business services provider’s stock valued at $286,000 after buying an additional 834 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Team by 8.7% during the third quarter. Dimensional Fund Advisors LP now owns 15,057 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 1,204 shares in the last quarter. Vanguard Group Inc. increased its stake in Team by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 162,570 shares of the business services provider’s stock worth $2,695,000 after acquiring an additional 2,667 shares during the last quarter. Manatuck Hill Partners LLC lifted its position in Team by 16.1% during the second quarter. Manatuck Hill Partners LLC now owns 72,075 shares of the business services provider’s stock valued at $1,312,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Barclays PLC increased its holdings in shares of Team by 3.5% in 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. Institutional investors own 46.57% of the company’s stock.

About Team

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.