Alert: Major Price Advance (5/3/24)-Team Inc (NYSE: TISI).

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Team Inc (NYSE: TISI) stock enjoyed a major increase of 15.1% on 5/3/24. The shares closed at $6.92. Trading volume in this advance was normal. The stock has been extremely weak relative to the market over the last nine months but has risen 2.2% during the last week.

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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 D (Negative). This VT Rating improved modestly in recent days from F previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Team has a slightly negative Appreciation Score of 36 and a slightly negative Power Rating of 30, triggering the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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