Team, Inc. (NYSE:TISI – Get Free Report) CFO Clinton William Roeder purchased 9,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were purchased at an average cost of $22.89 per share, with a total value of $206,010.00. Following the completion of the acquisition, the chief financial officer directly owned 9,000 shares in the company, valued at $206,010. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Team Stock Down 2.6%
NYSE:TISI opened at $23.47 on Thursday. The firm has a market cap of $107.49 million, a PE ratio of -2.49 and a beta of 1.04. Team, Inc. has a 12 month low of $12.34 and a 12 month high of $24.64. The company’s 50-day moving average price is $18.35 and its two-hundred day moving average price is $16.71.
Team (NYSE:TISI – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The business services provider reported ($1.73) earnings per share for the quarter, topping the consensus estimate of ($5.94) by $4.21. The firm had revenue of $228.68 million for the quarter, compared to analyst estimates of $208.88 million.
Institutional Investors Weigh In On Team
More Team News
Here are the key news stories impacting Team this week:
- Positive Sentiment: Team CFO Clinton William Roeder bought 9,000 shares for approximately $206,000 at an average price of $22.89. Director Anthony R. Horton also purchased 2,000 shares at $23.15 on August 21 and another 2,000 shares at $22.90 on August 24. The insider buying, particularly the CFO’s new position, may signal management confidence in the company’s valuation and recovery prospects. Team insider purchase report
- Positive Sentiment: Team’s latest quarterly results provided fundamental support: the company reported a loss of $1.73 per share, substantially better than the expected $5.94 loss, while revenue of $228.68 million exceeded the $208.88 million consensus estimate of $208.88 million. The earnings and revenue beats suggest that operating performance may be improving relative to market expectations.
- Neutral Sentiment: The shares are trading well above their 50-day and 200-day moving averages and close to the 52-week high. This demonstrates strong recent momentum, but elevated levels can increase volatility and leave the stock vulnerable to profit-taking or disappointing turnaround updates.
- Negative Sentiment: Team’s latest earnings call characterized the quarter as difficult and outlined a turnaround plan, indicating that significant operational and financial challenges remain. Investors are likely focused on execution, cash flow and whether the company can move from large losses to sustainable profitability. Team turnaround earnings call
- Negative Sentiment: Team continues to carry a consensus “Sell” rating, including a recently restated “Sell” rating from Weiss Ratings. The bearish analyst view may limit upside and contribute to selling pressure even after the earnings beat.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Team in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.
View Our Latest Research Report on Team
About Team
Team, Inc (NYSE:TISI) designs, engineers and manufactures industrial screen printing and digital printing equipment for a variety of end markets. The company’s solutions are used primarily in textile decorating, apparel, signage and graphics, and specialty industrial applications. By combining precision mechanical design with automated controls, Team delivers systems that enhance production speed, print quality and repeatability for its customers.
Team’s product portfolio includes manual and automatic screen presses, inkjet UV LED curing systems, digital direct-to-garment printers and hybrid platforms that integrate multiple printing technologies.
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