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Team (NASDAQ:TISI) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Wednesday. The firm currently has a $41.40 target price on the stock. Zacks‘s price objective points to a potential upside of 2.50% from the stock’s previous close.

In other Team news, CEO Philip J. Hawk sold 86,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $40.08, for a total value of $3,446,880.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of Team (NASDAQ:TISI) traded up 0.07% on Wednesday, hitting $40.42. The stock had a trading volume of 19,788 shares. Team has a one year low of $32.33 and a one year high of $48.09. The stock’s 50-day moving average is $40.7 and its 200-day moving average is $41.86. The company has a market cap of $827.9 million and a price-to-earnings ratio of 28.85.

Team (NASDAQ:TISI) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. The company had revenue of $211.49 million for the quarter, compared to the consensus estimate of $211.25 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Analysts expect that Team will post $1.98 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at ISI Group downgraded shares of Team from a “buy” rating to a “hold” rating in a research note on Monday, June 2nd. Analysts at BB&T Corp. downgraded shares of Team from a “buy” rating to a “hold” rating in a research note on Monday, June 2nd. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $41.85.

Team, Inc is a provider of specialty maintenance and inspection services required in maintaining high temperature and high pressure piping systems and vessels that are utilized extensively in heavy industries.

To view Zacks’ full report, visit Zacks’ official website.

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