Team Inc (NYSE: TISI) stock suffered a major decline of -15.9% on 10/11/24. The shares closed at $21.14. Moreover, exceptionally high trading volume at 307% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.9% 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Team has a very low Appreciation Score of 11 but a very high Power Rating of 98, with the Neutral Value Trend Rating the result.
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.
Be the first to comment