TIC Solutions (TIC) versus The Competition Critical Analysis

TIC Solutions (NYSE:TIC) is one of 204 public companies in the “Professional Services” industry, but how does it weigh in compared to its rivals? We will compare TIC Solutions to similar businesses based on the strength of its valuation, profitability, analyst recommendations, institutional ownership, dividends, risk and earnings.

Analyst Ratings

This is a summary of recent ratings and recommmendations for TIC Solutions and its rivals, as provided 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	1500	6318	9085	486	2.49

TIC Solutions presently has a consensus target price of $12.00, indicating a potential upside of 27.93%. As a group, “Professional Services” companies have a potential upside of 39.32%. Given TIC Solutions’ rivals stronger consensus rating and higher probable upside, analysts plainly believe TIC Solutions has less favorable growth aspects than its rivals.

Risk & Volatility

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

Insider and Institutional Ownership

57.3% 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, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares TIC Solutions and its rivals’ 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	-0.39%	19.46%	4.29%

Earnings and Valuation

This table compares TIC Solutions and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TIC Solutions	$1.53 billion	-$87.12 million	-16.17
TIC Solutions Competitors	$3.29 billion	$228.41 million	28.83

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

Summary

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

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. 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.