Extremely important negative changes in investment behavior have recently occurred for Team Inc (NYSE: TISI): the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.
Slight negative changes in Team Inc (NYSE: TISI) fundamentals have recently occurred: significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, TISI is expected to continue to be Value Creation neutral.
Team has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Team has a good Appreciation Score of 76 and a very high Power Rating of 91, producing the Highest Value Trend Rating.
Recent Price Action
Team Inc (NYSE: TISI) stock suffered a large decline of -4.7% on 11/13/23. The stock closed at $6.80. The stock has been exceptionally strong relative to the market over the last nine months but has declined -17.1% during the last week.
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