Team, Inc. (NYSE:TISI) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d+” rating in a research note issued on Tuesday.

TISI has been the subject of several other reports. Zacks Investment Research upgraded Team from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Johnson Rice cut Team from a “buy” rating to a “hold” rating and reduced their price target for the company from $36.00 to $26.00 in a research report on Tuesday. Stephens cut Team from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $34.00 to $19.00 in a research report on Tuesday. Finally, ValuEngine cut Team from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $22.50.

Team (TISI) traded down 5.16% during trading on Tuesday, hitting $14.70. The stock had a trading volume of 4,555,382 shares. The company has a 50-day moving average of $24.19 and a 200 day moving average of $27.89. The company’s market cap is $438.27 million. Team has a 52 week low of $14.25 and a 52 week high of $39.70.

Team (NYSE:TISI) last released its earnings results on Tuesday, May 9th. The business services provider reported ($0.24) earnings per share (EPS) for the quarter. Team had a positive return on equity of 1.02% and a negative net margin of 1.28%. The firm had revenue of $286.55 million during the quarter, compared to analysts’ expectations of $303.30 million. On average, equities research analysts anticipate that Team will post $0.45 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This report was first reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/07/26/team-inc-nysetisi-rating-lowered-to-d-at-thestreet.html.

A number of institutional investors have recently bought and sold shares of TISI. Boston Partners boosted its position in Team by 191.6% in the first quarter. Boston Partners now owns 79,663 shares of the business services provider’s stock valued at $2,155,000 after buying an additional 52,348 shares during the last quarter. Investment Management of Virginia LLC boosted its position in Team by 5.6% in the first quarter. Investment Management of Virginia LLC now owns 44,719 shares of the business services provider’s stock valued at $1,210,000 after buying an additional 2,356 shares during the last quarter. Falcon Point Capital LLC boosted its position in Team by 6.6% in the first quarter. Falcon Point Capital LLC now owns 277,371 shares of the business services provider’s stock valued at $7,503,000 after buying an additional 17,246 shares during the last quarter. Stoneridge Investment Partners LLC boosted its position in Team by 33.4% in the first quarter. Stoneridge Investment Partners LLC now owns 39,865 shares of the business services provider’s stock valued at $1,078,000 after buying an additional 9,982 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in Team by 3.3% in the first quarter. Great West Life Assurance Co. Can now owns 40,048 shares of the business services provider’s stock valued at $1,083,000 after buying an additional 1,264 shares during the last quarter. Institutional investors and hedge funds own 94.59% of the company’s stock.

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.

Receive News & Ratings for Team Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Team Inc. and related companies with MarketBeat.com's FREE daily email newsletter.