Contrasting TIC Solutions (TIC) and Its Competitors

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

Analyst Recommendations

This is a breakdown of recent recommendations for TIC Solutions and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TIC Solutions	1	3	3	0	2.29
TIC Solutions Competitors	1498	6315	9083	486	2.49

TIC Solutions currently 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 38.32%. Given TIC Solutions’ competitors stronger consensus rating and higher probable upside, analysts plainly believe TIC Solutions has less favorable growth aspects than its competitors.

Risk & Volatility

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

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	-0.39%	19.32%	4.28%

Earnings and Valuation

This table compares TIC Solutions and its competitors 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	$3.36 billion	$228.41 million	28.36

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.

Insider & Institutional Ownership

57.3% of shares of all “Professional Services” companies are held by institutional investors. 11.4% of TIC Solutions shares are held by insiders. Comparatively, 17.1% of shares of all “Professional Services” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

TIC Solutions competitors 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.