TIC Solutions (NYSE:TIC) Stock Bumped Up to Hold by Wall Street Zen

Wall Street Zen upgraded shares of TIC Solutions (NYSE:TIC) from a sell rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

A number of other research firms also recently issued reports on TIC. Robert W. Baird set a $10.00 price target on shares of TIC Solutions in a research report on Friday, August 7th. JPMorgan Chase & Co. raised shares of TIC Solutions from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $9.00 to $11.00 in a research report on Friday, August 21st. UBS Group reiterated a “buy” rating on shares of TIC Solutions in a research note on Monday, October 19th. Zacks Research upgraded shares of TIC Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of TIC Solutions in a report on Friday, September 4th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.00.

TIC Solutions Stock Performance

TIC stock opened at $10.37 on Friday. The stock’s 50 day simple moving average is $9.26 and its 200 day simple moving average is $8.76. TIC Solutions has a 12-month low of $6.36 and a 12-month high of $11.86. The firm has a market cap of $2.26 billion, a P/E ratio of -18.85 and a beta of 2.76. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.76.

TIC Solutions (NYSE:TIC) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. TIC Solutions had a negative net margin of 5.10% and a negative return on equity of 0.09%. The firm had revenue of $639.62 million during the quarter. As a group, equities research analysts predict that TIC Solutions will post 0.29 EPS for the current year.

Hedge Funds Weigh In On TIC Solutions

Several hedge funds and other institutional investors have recently modified their holdings of TIC. IFP Advisors Inc increased its holdings in shares of TIC Solutions by 137.5% in the 2nd quarter. IFP Advisors Inc now owns 3,441 shares of the company’s stock worth $28,000 after acquiring an additional 1,992 shares during the period. Quantbot Technologies LP acquired a new position in TIC Solutions during the 2nd quarter valued at about $29,000. Versant Capital Management Inc boosted its stake in TIC Solutions by 446.1% during the 3rd quarter. Versant Capital Management Inc now owns 4,822 shares of the company’s stock valued at $40,000 after purchasing an additional 3,939 shares during the period. Principal Financial Group Inc. acquired a new position in TIC Solutions during the 1st quarter valued at about $69,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in TIC Solutions by 10.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 12,688 shares of the company’s stock worth $83,000 after purchasing an additional 1,165 shares during the last quarter.

More TIC Solutions News

Here are the key news stories impacting TIC Solutions this week:

• Positive Sentiment: TIC Solutions lifted its 2026 earnings guidance and reported a larger backlog, a potentially supportive signal for expected future performance. The articles provided do not specify the revised forecast or backlog figures. Guidance update Guidance and backlog article
• Positive Sentiment: Third-quarter revenue was $639.6 million, above the cited FactSet estimate of $615 million. EPS was $0.18, beating the $0.15 consensus estimate cited in one report. Revenue results Quarterly results
• Neutral Sentiment: EPS comparisons vary by estimate: $0.18 was in line with FactSet’s figure but below Zacks’ $0.19 estimate. This mixed picture may help explain the reported post-earnings share decline. Zacks earnings comparison Earnings report
• Negative Sentiment: The company reported a negative net margin and negative return on equity, indicating profitability remains a concern despite the revenue growth and guidance increase.

TIC Solutions Company Profile

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.