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TISI Team

Team, Inc. engages in the provision of specialty industrial services. It operates through the following segments: Inspection and Heat Treating Group (IHT); Mechanical Services Group (MS); and Quest Integrity Group (Quest Integrity). The IHT segment offers standard and advanced non-destructive testing (NDT) services for the process, pipeline and power sectors, pipeline integrity management services, field heat treating services, as well as associated engineering and assessment services. The MS segment covers call-out and turnaround services under both on-stream and off-line/shut down circumstances. The Quest Integrity segment focuses on integrity and reliability management solutions for the process, pipeline and power sectors. The company was founded in 1973 and is headquartered in Sugar Land, TX.

Company profile

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

TISI stock data

(
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Calendar

11 Mar 21
21 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Team earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 24.59M 24.59M 24.59M 24.59M 24.59M 24.59M
Cash burn (monthly) (positive/no burn) (positive/no burn) 4.59M 20.99M (positive/no burn) (positive/no burn)
Cash used (since last report) n/a n/a 17M 77.72M n/a n/a
Cash remaining n/a n/a 7.58M -53.13M n/a n/a
Runway (months of cash) n/a n/a 1.7 -2.5 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
15 Mar 21 James Chadwick Murray Common Stock Payment of exercise Dispose F No No 0 302 0 716
15 Mar 21 James Chadwick Murray Common Stock Grant Aquire A No No 0 1,018 0 1,018
15 Mar 21 Sides Sherri A Common Stock Payment of exercise Dispose F No No 0 322 0 7,748
15 Mar 21 Sides Sherri A Common Stock Grant Aquire A No No 0 1,086 0 8,070
15 Mar 21 Bouchard Andre C Common Stock Payment of exercise Dispose F No No 0 504 0 59,328
15 Mar 21 Bouchard Andre C Common Stock Grant Aquire A No No 0 1,697 0 59,832
15 Mar 21 Robert James Young III Common Stock Payment of exercise Dispose F No No 0 302 0 7,463
15 Mar 21 Robert James Young III Common Stock Grant Aquire A No No 0 1,018 0 7,765
15 Mar 21 Susan M. Ball Common Stock Payment of exercise Dispose F No No 0 725 0 16,924
15 Mar 21 Susan M. Ball Common Stock Grant Aquire A No No 0 2,443 0 17,649

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 123 113 +8.8%
Opened positions 24 15 +60.0%
Closed positions 14 17 -17.6%
Increased positions 33 37 -10.8%
Reduced positions 47 38 +23.7%
13F shares
Current Prev Q Change
Total value 490.98M 196.09M +150.4%
Total shares 35.32M 25.6M +38.0%
Total puts 0 12.6K EXIT
Total calls 1.4M 1K +140010.0%
Total put/call ratio 12.6
Largest owners
Shares Value Change
BLK Blackrock 4.71M $51.35M +3.1%
Gasc Apf 3.58M $39.41M NEW
Iron Park Capital Partners 3.58M $39.41M NEW
Aristotle Capital Boston 2.51M $27.33M +1.9%
Corre Partners Management 2.13M $23.23M NEW
Ariel Investments 2.12M $23.16M +13.9%
Vanguard 1.89M $20.55M +0.6%
GBL Gamco Investors 1.69M $18.4M -3.7%
Dimensional Fund Advisors 1.52M $16.61M -5.5%
RY Royal Bank Of Canada 1.26M $13.78M +0.3%
Largest transactions
Shares Bought/sold Change
Gasc Apf 3.58M +3.58M NEW
Iron Park Capital Partners 3.58M +3.58M NEW
Corre Partners Management 2.13M +2.13M NEW
JPM JPMorgan Chase & Co. 459.76K +420.58K +1073.4%
FMR 348.47K +343.07K +6353.2%
Ariel Investments 2.12M +259.26K +13.9%
FHI Federated Hermes 52.42K -195.01K -78.8%
Arrowstreet Capital, Limited Partnership 127.45K -186.77K -59.4%
Russell Investments 25.47K -175.9K -87.4%
Teacher Retirement System Of Texas 171.78K +171.78K NEW

Financial report summary

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Competition
MistrasMagnite
Management Discussion
  • 1    Includes goodwill impairment charge of $191.8 million for the twelve months ended December 31, 2020.
  • 2    NM - Not meaningful.
  • Revenues. Total revenues declined $310.8 million or 26.7% from the same period in the prior year. Excluding the unfavorable impact of $2.3 million due to foreign currency exchange rate changes, total revenues decreased by $308.5 million, IHT revenues decreased by $137.9 million, MS revenues decreased by $141.5 million and Quest Integrity revenues decreased by $29.1 million. Decreased activity levels in IHT, MS and Quest Integrity were primarily due to volumes being negatively impacted by the outbreak of COVID-19 and the oversupplied oil market causing certain clients to temporarily close facilities and/or curtail operations, resulting in the postponement of client projects and lower demand for our services. Within the oil and gas industry, we expect refining utilization rates to gradually recover through 2021. Without the COVID-19 pandemic effects, we would typically benefit for a period of 12 to 18 months following a refining utilization rate drop, however, current market dynamics have delayed the demand growth for our products and services. The unfavorable impacts of foreign exchange rate changes are primarily due to the strengthening of the U.S. dollar relative to the foreign currencies to which we have exposure during this period.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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