During the last session, Team Inc. (NYSE:TISI)’s traded shares were 0.23 million, with the beta value of the company hitting 2.30. At the end of the trading day, the stock’s price was $0.84, reflecting an intraday loss of -2.05% or -$0.02. The 52-week high for the TISI share is $5.11, that puts it down -508.33 from that peak though still a striking 38.1% gain since the share price plummeted to a 52-week low of $0.52. The company’s market capitalization is $37.74M, and the average intraday trading volume over the past 10 days was 0.19 million shares, and the average trade volume was 463.65K shares over the past three months.
Team Inc. (TISI) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.00. TISI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
Team Inc. (NYSE:TISI) trade information
Team Inc. (TISI) registered a -2.05% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.05% in intraday trading to $0.84 this Friday, 08/05/22, hitting a weekly high. The stock’s 5-day price performance is 1.21%, and it has moved by 4.71% in 30 days. Based on these gigs, the overall price performance for the year is -82.25%. The short interest in Team Inc. (NYSE:TISI) is 1.57 million shares and it means that shorts have 2.7 day(s) to cover.
The consensus price target of analysts on Wall Street is $10.00, which implies an increase of 91.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.00 and $13.00 respectively. As a result, TISI is trading at a discount of -1447.62% off the target high and -733.33% off the low.
Team Inc. (TISI) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $223.65 million as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $225.4 million by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $207.3 million and $210.46 million respectively. In this case, analysts expect current quarter sales to grow by 7.90% and then jump by 7.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -68.10%. While earnings are projected to return 24.70% in 2022, the next five years will return 11.00% per annum.
Team Inc. is due to release its next quarterly earnings between March 07 and March 11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Team Inc. (NYSE:TISI)’s Major holders
Team Inc. insiders own 2.27% of total outstanding shares while institutional holders control 60.96%, with the float percentage being 62.38%. Corre Partners Management, LLC is the largest shareholder of the company, while 103 institutions own stock in it. As of Mar 30, 2022, the company held over 14.55 million shares (or 33.73% of all shares), a total value of $32.15 million in shares.
The next largest institutional holding, with 2.01 million shares, is of Owl Creek Asset Management, L.P.’s that is approximately 4.65% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $4.43 million.
Also, the Mutual Funds coming in first place with the largest holdings of Team Inc. (TISI) shares are EQ Advisors Trust-1290 VT Gamco Small Company Value Port and Vanguard Total Stock Market Index Fund. Data provided on Mar 30, 2022 indicates that EQ Advisors Trust-1290 VT Gamco Small Company Value Port owns about 0.96 million shares. This amounts to just over 2.24 percent of the company’s overall shares, with a $2.13 million market value. The same data shows that the other fund manager holds slightly less at 0.71 million, or about 1.65% of the stock, which is worth about $1.58 million.