Sidoti slashes price target on Team Inc. [TISI] – find out why.

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Team Inc. [NYSE: TISI] surged by $0.13 during the normal trading session on Thursday and reaching a high of $1.40 during the day while it closed the day at $1.27. The company report on March 17, 2022 that TEAM, INC. ANNOUNCES LEADERSHIP TRANSITION.


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Team, Inc.’s (NYSE: TISI) (“TEAM” or the “Company”), Board of Directors (“Board”) today announced a leadership transition, effective March 21, 2022, including the departure of Amerino Gatti from his positions as Chairman and Chief Executive Officer. In connection with the leadership transition, the Board of Directors has appointed Keith Tucker, currently the President of TEAM’s Inspection and Heat Treating group, to the role of Interim Chief Executive Officer effective the same date. Simultaneous with Keith Tucker’s appointment, the Board also appointed Michael Caliel as non-executive Chairman of the Board. Mr. Caliel joined the Board in February 2022. Mr. Gatti will remain available as an advisor during the transition.

Mr. Tucker joined TEAM in 2005 and currently serves as the President of TEAM’s largest Segment, Inspection & Heat Treating, a role he has held since early 2021. In his prior roles, he served as Executive Vice President, MOS and IHT – North Division, Executive Vice President-Mid Continent Division, and Vice President of the Great Lakes Region, and has overseen both the Inspection & Heat Treating and Mechanical parts of TEAM’s business. Mr. Tucker has 33 years of industry experience, including various positions with Citgo and BP Amoco supporting process, safety and inspection functions.

Team Inc. stock has also gained 4.10% of its value over the past 7 days. However, TISI stock has inclined by 3.25% in the 3 months of the year. Over the past six months meanwhile, it has lost -63.51% and gained 16.51% year-on date.

The market cap for TISI stock reached $39.32 million, with 30.98 million shares outstanding and 29.75 million shares in the current float. Compared to the average trading volume of 2.15M shares, TISI reached a trading volume of 3407841 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Team Inc. [TISI]:

Sidoti have made an estimate for Team Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 13, 2019. The new note on the price target was released on November 08, 2018, representing the official price target for Team Inc. stock.

The Average True Range (ATR) for Team Inc. is set at 0.17, with the Price to Sales ratio for TISI stock in the period of the last 12 months amounting to 0.05. The Price to Book ratio for the last quarter was 0.52, with the Price to Cash per share for the same quarter was set at 0.55.

TISI stock trade performance evaluation

Team Inc. [TISI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.10. With this latest performance, TISI shares dropped by 0.00% in over the last four-week period, additionally sinking by -63.51% over the last 6 months – not to mention a drop of -88.22% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TISI stock in for the last two-week period is set at 62.05, with the RSI for the last a single of trading hit 65.66, and the three-weeks RSI is set at 58.55 for Team Inc. [TISI]. The present Moving Average for the last 50 days of trading for this stock 0.8983, while it was recorded at 1.1136 for the last single week of trading, and 3.2008 for the last 200 days.

Team Inc. [TISI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Team Inc. [TISI] shares currently have an operating margin of -2.32 and a Gross Margin at +25.33. Team Inc.’s Net Margin is presently recorded at -27.82.

Return on Total Capital for TISI is now -2.75, given the latest momentum, and Return on Invested Capital for the company is -34.00. Return on Equity for this stock declined to -72.84, with Return on Assets sitting at -27.64. When it comes to the capital structure of this company, Team Inc. [TISI] has a Total Debt to Total Equity ratio set at 178.04. Additionally, TISI Total Debt to Total Capital is recorded at 64.03, with Total Debt to Total Assets ending up at 52.27. Long-Term Debt to Equity for the company is recorded at 169.79, with the Long-Term Debt to Total Capital now at 61.07.

Reflecting on the efficiency of the workforce at the company, Team Inc. [TISI] managed to generate an average of -$43,926 per employee. Receivables Turnover for the company is 3.78 with a Total Asset Turnover recorded at a value of 0.99.Team Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.80.

Earnings per share (EPS) analysis for Team Inc. [TISI] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TISI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Team Inc. go to 11.00%.

Team Inc. [TISI]: Insider Ownership positions

There are presently around $22 million, or 63.30% of TISI stock, in the hands of institutional investors. The top three institutional holders of TISI stocks are: CORRE PARTNERS MANAGEMENT, LLC with ownership of 2,640,711, which is approximately 7.458% of the company’s market cap and around 0.90% of the total institutional ownership; OWL CREEK ASSET MANAGEMENT, L.P., holding 2,005,769 shares of the stock with an approximate value of $2.29 million in TISI stocks shares; and BLACKROCK INC., currently with $2.17 million in TISI stock with ownership of nearly 0.42% of the company’s market capitalization.

Positions in Team Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 40 institutional holders increased their position in Team Inc. [NYSE:TISI] by around 2,931,678 shares. Additionally, 73 investors decreased positions by around 6,820,526 shares, while 7 investors held positions by with 9,165,103 shares. The mentioned changes placed institutional holdings at 18,917,307 shares, according to the latest SEC report filing. TISI stock had 17 new institutional investments in for a total of 256,912 shares, while 33 institutional investors sold positions of 4,175,626 shares during the same period.

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