UPDATE: KeyBanc Upgrades Team Health (TISI) to Buy; Turnaround Activity was Strong, Fall Could be Stronger

June 11, 2012 7:17 AM EDT
Get Alerts TISI Hot Sheet
Price: $33.85 -2.17%

Rating Summary:
    2 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 11
Trade TISI Now!
Join SI Premium – FREE
(Updated - June 11, 2012 9:14 AM EDT)

KeyBanc upgraded Team Health (NASDAQ: TISI) from Hold to Buy.

Analyst, Matt Tucker, said, "We assess TISI's growth has outpaced its end markets in both the recent and longer-term past due to market share gains and the gradual expansion of TISI's service offerings, and expect these trends to continue going forward. Our channel checks indicate a long-term trend of customers preferring to consolidate their maintenance and inspection services with larger contractors that provide multiple service lines to multiple locations, which benefits TISI with its 10 service lines and 100+ locations in North America, while most of its competitors remain "mom & pop" contractors with one or two service lines and locations."

Q4 EPS estimate raised to $0.68 (from $0.65), FY13 to $1.99 (from $1.87) and FY14 to $2.28 (from $2.10.

Shares of Team Health closed at $8.37 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst EPS Change, Analyst EPS View, Upgrades

Related Entities



wrong ticker / company
Jeff on 2012-06-11 09:05:16
Mark as Spam | Reply to this comment

This is the wrong company - TeamHealth's ticker is TMH - not TISI.

Add Your Comment