Company profile

Ticker
TISI
Exchange
CEO
Amerino Gatti
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
741765729

TISI stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

8 Nov 19
25 Feb 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 290.08M 315.83M 269.6M 309.8M
Net income -7.06M 6.1M -24.23M 3.99M
Diluted EPS -0.23 0.2 -0.8 0.13
Net profit margin -2.43% 1.93% -8.99% 1.29%
Operating income -1.84M 13M -16.53M -6.94M
Net change in cash -2.48M -2.33M -3.2M 2.33M
Cash on hand 10.27M 12.75M 15.08M 18.29M
Cost of revenue 207.04M 221.23M 203.65M 224.4M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 1.25B 1.2B 1.2B 926.36M
Net income -63.15M -84.46M -12.68M 25.23M
Diluted EPS -2.1 -2.83 -0.45 1.18
Net profit margin -5.06% -7.04% -1.06% 2.72%
Operating income -38.96M -115.11M -3.12M 47.29M
Net change in cash -8.26M -19.66M -3.61M
Cash on hand 18.29M 26.55M 46.22M 49.83M
Cost of revenue 918.67M 890.21M 868.14M 655.47M

Financial data from Team earnings reports

13F holders
Current Prev Q Change
Total holders 140 151 -7.3%
Opened positions 14 18 -22.2%
Closed positions 25 13 +92.3%
Increased positions 53 52 +1.9%
Reduced positions 45 40 +12.5%
13F shares
Current Prev Q Change
Total value 1.27B 1.23B +3.1%
Total shares 31.8M 32.36M -1.7%
Total puts 1K 50K -98.0%
Total calls 0 31.7K -100.0%
Total put/call ratio Infinity 1.6 +Infinity%
Largest owners
Shares Value Change
BLK BlackRock 4.81M $76.87M +4.9%
Vanguard 3.15M $50.35M +2.5%
N Price T Rowe Associates 2.78M $44.46M +0.5%
Dimensional Fund Advisors 2.33M $37.24M +0.3%
Aristotle Capital Boston 2.27M $36.25M -1.6%
GBL Gamco Investors, Inc. Et Al 1.7M $27.07M +0.5%
Ariel Investments 1.36M $21.69M -6.2%
RY Royal Bank of Canada 1.32M $21.03M -2.5%
Victory Capital Management 1.29M $20.54M +0.5%
IVZ Invesco 1.18M $18.79M +2.3%
Largest transactions
Shares Bought/sold Change
SG Capital Management 0 -345.41K EXIT
TFC Truist Financial 245.57K +245.57K NEW
BLK BlackRock 4.81M +224.66K +4.9%
Eagle Asset Management 58.56K -224.26K -79.3%
Sterling Capital Management 0 -212.45K EXIT
Hawk Ridge Capital Management 0 -178.89K EXIT
Arrowstreet Capital, Limited Partnership 222.36K +140.26K +170.8%
ACK Asset Management 0 -130K EXIT
Ariel Investments 1.36M -89.64K -6.2%
Royce & Associates 534.29K -80K -13.0%

Financial report summary

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Risks
  • The economic environment may affect our customers’ demand for our services.
  • Our revenues are heavily dependent on certain industries.
  • We sell our services in highly competitive markets, which places pressure on our profit margins and limits our ability to maintain or increase the market share of our services.
  • we are not able to implement commercially competitive services in a timely manner in response to changes in the market, customer requirements, competitive pressures and technology trends, our business and results of operations could be materially and adversely affected.
  • No assurances can be made that we will be successful in maintaining or renewing our contracts with our customers.
  • No assurances can be made that we will be successful in hiring or retaining members of a skilled technical workforce.
  • The loss or unavailability of any of our executive officers or other key personnel could have a material adverse effect on our business.
  • Unsatisfactory safety performance can affect customer relationships, eliminate or reduce revenue streams from our largest customers, result in higher operating costs and negatively impact our ability to hire and retain a skilled technical workforce.
  • The Company’s insurance coverage will not fully indemnify us against certain claims or losses. Further, the Company’s insurance has limits and exclusions and not all losses or claims are insured.
  • are subject to risks associated with indebtedness under our banking credit facility, including the risk of failure to maintain compliance with financial covenants, the risk of being unable to make interest and principal payments when due and the risk of rising interest rates.
  • No assurances can be made that we will be able to renew our Credit Facility, refinance the outstanding balance or otherwise repay our obligations in full prior to maturity on July 7, 2020.
  • accounting method for our convertible debt securities may have a material effect on our reported financial results.
  • Transactions relating to our convertible debt securities may dilute the ownership interest of existing stockholders, or may otherwise depress the price of our common stock.
  • impairments of our goodwill, impairments of our intangible and other long-lived assets, and changes in the estimated useful lives of intangible assets could have a material adverse impact on our results of operations and financial condition.
  • in operating results from expected savings in operating costs from workforce reductions and other cost saving and business improvement initiatives may not be realized in the estimated amounts, may take longer to be realized, or could be realized only for a limited period.
  • Fluctuations in our effective tax rate and our tax obligations could adversely affect our financial results.
  • The Company’s operations and information systems, including its employee, customer and financial records, are subject to cybersecurity risks
  • We are involved and are likely to continue to be involved in legal proceedings, which will increase our costs and, if adversely determined, could have a material effect on our results of operations, financial position or cash flows.
  • Economic, political and other risks associated with international operations could adversely affect our business.
  • Business acquisitions entail risk for investors
  • The price of our outstanding securities may be volatile.
  • Our business may be adversely impacted by work stoppages, staffing shortages and other labor matters.
  • operations and properties are subject to extensive environmental, health and safety regulations.
  • Climate change legislation or regulations restricting emissions of “greenhouse gases” could result in reduced demand for our services and products.
  • Interruptions in the proper functioning of our information systems could disrupt operations and cause increases in costs and/or decreases in revenues.
Management Discussion
  • Revenues. The slight decrease in overall revenues is primarily attributable to lower revenues within the IHT segment reflecting decreased activity levels, majority of which was offset by increases in revenues within MS and Quest Integrity reflecting increased activity levels. Total revenues decreased $0.8 million or 0.3% from the prior year quarter. Excluding the unfavorable impact of $2.0 million due to foreign currency exchange rate changes, total revenues increased by $1.2 million, IHT revenues decreased by $20.7 million, MS revenues increased by $17.8 million and Quest Integrity revenues increased by $4.1 million. The unfavorable impacts of foreign exchange rate changes are primarily due to the strengthening of the U.S. dollar relative to the Euro, the Canadian Dollar and the Australian dollar this quarter. Decreased activity levels in IHT were associated with volume declines due to regional competitive pressures along the U.S. Gulf Coast, deliberate market share loss due to a continued focus on pricing discipline, ongoing Canadian end-market challenges, and some weather related impacts. Also contributing to the decrease was the loss of revenue from certain under-performing businesses in IHT that closed down in late 2018. For MS, revenue increased primarily due to higher on-stream services. Within Quest Integrity, the increase in revenue is primarily the result of higher demand for Quest’s proprietary services and tools.
Content analysis ?
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H.S. sophomore Avg
New words: adding, began, bound, Brexit, centralizing, comparison, competitive, conclusion, deliberate, departure, deployed, discipline, divergent, estate, EU, face, highlighted, inconsistency, inconsistent, instability, lawsuit, matter, national, nominal, pronouncement, referendum, relationship, release, resolution, shut, Singaporean, slight, sought, strong, trial, turn, uncertainty, Union, volume
Removed: Canada, consisted, eligible, eliminated, initiative, negatively, offering, reduced, repay, repayment, significantly, spending