Team Inc (NYSE: TISI) stock suffered a major decline of -18.1% on 3/11/24. The shares closed at $5.30. Moreover, this decline was accompanied by exceptionally high trading volume at 379% of normal. The stock has been weak relative to the market over the last nine months and has declined -14.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Team has a good Appreciation Score of 84 but a poor Power Rating of 27, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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