TIC Solutions, Inc (NYSE:TIC) Given Average Rating of “Reduce” by Brokerages

TIC Solutions, Inc (NYSE:TIC – Get Free Report) has earned a consensus recommendation of “Reduce” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $11.50.

TIC has been the topic of a number of research reports. JPMorgan Chase & Co. boosted their price objective on TIC Solutions from $7.00 to $9.00 and gave the stock an “underweight” rating in a research report on Thursday, May 7th. Robert W. Baird set a $11.00 price target on TIC Solutions in a research note on Thursday, May 7th. UBS Group boosted their price target on TIC Solutions from $8.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Roth Mkm reaffirmed a “buy” rating and issued a $11.50 price objective on shares of TIC Solutions in a research note on Thursday, May 7th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of TIC Solutions in a research report on Tuesday, June 9th.

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Institutional Trading of TIC Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of TIC. FNY Investment Advisers LLC bought a new position in TIC Solutions during the 3rd quarter worth $33,000. Clearstead Advisors LLC acquired a new stake in shares of TIC Solutions during the third quarter worth $43,000. National Bank of Canada FI bought a new position in shares of TIC Solutions in the 3rd quarter worth about $53,000. Tower Research Capital LLC TRC bought a new position in shares of TIC Solutions in the 2nd quarter worth about $82,000. Finally, Dauntless Investment Group LLC acquired a new position in shares of TIC Solutions in the 3rd quarter valued at about $110,000.

TIC Solutions Stock Up 1.1%

Shares of NYSE:TIC opened at $8.26 on Thursday. TIC Solutions has a 52-week low of $6.36 and a 52-week high of $14.94. The company has a market capitalization of $1.83 billion, a PE ratio of -15.89 and a beta of 2.90. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.06 and a current ratio of 3.06. The company has a fifty day moving average of $8.65 and a 200-day moving average of $9.13.

TIC Solutions Company Profile

(Get Free Report)

Acuren Group Inc (NYSEAMERICAN:TIC) is a leading provider of non‐destructive testing (NDT), inspection, engineering and consulting services to the energy, petrochemical, manufacturing and infrastructure sectors. The company employs a range of advanced testing techniques—such as ultrasonic, radiographic, magnetic particle, liquid penetrant, eddy current and acoustic emission—to evaluate the integrity of pressure vessels, pipelines, storage tanks and other critical assets. By combining field inspections with laboratory analysis, Acuren helps clients identify defects, prevent equipment failures and meet regulatory requirements.

In addition to core NDT capabilities, Acuren offers specialty engineering and consulting services including fitness‐for‐service assessments, corrosion under insulation surveys, mechanical integrity programs, failure analysis and field machining.

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