Team, Inc. (NYSE:TISI) was downgraded by stock analysts at Stephens from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other equities research analysts have also recently weighed in on the company. Zacks Investment Research raised Team from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 18th. ValuEngine cut Team from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd.

Team (TISI) opened at 23.80 on Tuesday. Team has a one year low of $22.50 and a one year high of $39.70. The company’s market cap is $709.57 million. The firm’s 50-day moving average price is $24.19 and its 200-day moving average price is $27.89.

Team (NYSE:TISI) last issued its quarterly earnings results on Tuesday, May 9th. The business services provider reported ($0.24) earnings per share for the quarter. The company had revenue of $286.55 million during the quarter, compared to analyst estimates of $303.30 million. Team had a negative net margin of 1.28% and a positive return on equity of 1.02%. On average, equities research analysts forecast that Team will post $0.51 earnings per share for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the company. Sei Investments Co. boosted its stake in Team by 145.1% in the third quarter. Sei Investments Co. now owns 4,377 shares of the business services provider’s stock valued at $143,000 after buying an additional 2,591 shares in the last quarter. UBS Group AG boosted its stake in Team by 21.6% in the first quarter. UBS Group AG now owns 5,642 shares of the business services provider’s stock valued at $152,000 after buying an additional 1,003 shares in the last quarter. Mason Street Advisors LLC acquired a new stake in Team during the second quarter valued at approximately $143,000. State of Alaska Department of Revenue boosted its stake in Team by 79.9% in the second quarter. State of Alaska Department of Revenue now owns 5,883 shares of the business services provider’s stock valued at $137,000 after buying an additional 2,613 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its stake in Team by 7.0% in the third quarter. Municipal Employees Retirement System of Michigan now owns 6,550 shares of the business services provider’s stock valued at $214,000 after buying an additional 430 shares in the last quarter. 94.59% of the stock is owned by institutional investors and hedge funds.

Team Company Profile

Team, Inc is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels. The Company conducts its operations through three segments: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group.

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