Comparing TIC Solutions (TIC) & The Competition

TIC Solutions (NYSE:TIC) is one of 203 publicly-traded companies in the “Professional Services” industry, but how does it contrast to its competitors? We will compare TIC Solutions to related companies based on the strength of its dividends, risk, analyst recommendations, institutional ownership, valuation, earnings and profitability.

Volatility & Risk

TIC Solutions has a beta of 2.96, meaning that its share price is 196% more volatile than the S&P 500. Comparatively, TIC Solutions’ competitors have a beta of 0.95, meaning that their average share price is 5% less volatile than the S&P 500.

Earnings and Valuation

This table compares TIC Solutions and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TIC Solutions	$1.53 billion	-$87.12 million	-16.51
TIC Solutions Competitors	$3.32 billion	$230.04 million	28.58

TIC Solutions’ competitors have higher revenue and earnings than TIC Solutions. TIC Solutions is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of current ratings and price targets for TIC Solutions and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TIC Solutions	1	3	3	0	2.29
TIC Solutions Competitors	1505	6310	9083	421	2.49

TIC Solutions presently has a consensus price target of $12.00, suggesting a potential upside of 25.34%. As a group, “Professional Services” companies have a potential upside of 43.58%. Given TIC Solutions’ competitors stronger consensus rating and higher probable upside, analysts clearly believe TIC Solutions has less favorable growth aspects than its competitors.

Profitability

This table compares TIC Solutions and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TIC Solutions	-5.64%	-2.30%	-1.11%
TIC Solutions Competitors	-0.45%	20.76%	4.32%

Insider & Institutional Ownership

57.4% of shares of all “Professional Services” companies are owned by institutional investors. 11.4% of TIC Solutions shares are owned by insiders. Comparatively, 17.2% of shares of all “Professional Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

TIC Solutions competitors beat TIC Solutions on 12 of the 13 factors compared.

About TIC Solutions

Acuren Corporation provides critical asset integrity services in North America. Its activities include various nondestructive testing (NDT) solutions, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, avoid accidents, and comply with regulatory requirements without destroying the asset or component. The company also provides market rope access technician solutions, including inspection and testing, as well as insulation, coatings and blasting, welding, pipe fitting, hoisting and rigging, and electrical services. In addition, its TIC service includes support from consulting engineers with in-lab destructive testing capabilities. The company provides support failure investigation, material selection, corrosion engineering, welding engineering, fracture mechanics, destructive testing, and chemical analysis. It serves a range of industrial markets, primarily chemical, pipeline, refinery, power generation, oilsands, automotive, aerospace, mining, manufacturing, renewable energy, and pulp and paper. The company was founded in 1991 and is headquartered in Tomball, Texas.