TIC Solutions (NYSE:TIC) Announces Earnings Results

TIC Solutions (NYSE:TIC) issued its earnings results on Wednesday. The company reported ($0.19) EPS for the quarter, FiscalAI reports. TIC Solutions had a negative net margin of 5.77% and a negative return on equity of 4.02%. The company had revenue of $488.03 million during the quarter.

Here are the key takeaways from TIC Solutions’ conference call:

• Q1 combined revenue was $488 million (up 4.3% YoY) with adjusted EBITDA of $57.7 million, and management reaffirmed full?year 2026 guidance of $2.15B–$2.25B revenue and $330M–$355M adjusted EBITDA.
• Consulting Engineering delivered strong results with revenue up 9.5% and a 60 bps margin expansion, led by data center demand, while combined CE+Geo backlog rose to $1.12 billion (?+14% YoY), supporting near?term visibility.
• Inspection & Mitigation was essentially flat on revenue and saw margin pressure (adjusted gross margin down to 24.4%) driven by Gulf Coast LNG timing, prior site losses and shifted outage work, with recovery expected later in the year but visibility uneven.
• Integration is ahead of schedule on cost synergies with ~$17M of the $25M program actioned and management now expects roughly $15M of realized savings in 2026, which should support margin expansion.
• Geospatial grew ~4.5% but reported lower margin due to a strategic subcontract?heavy pilot; the company is advancing GeoAI and expects mid?single?digit longer?term growth.

TIC Solutions Stock Performance

Shares of TIC traded up $0.02 during mid-day trading on Friday, reaching $10.03. 403,981 shares of the company’s stock traded hands, compared to its average volume of 2,782,438. The business’s 50-day moving average price is $8.17 and its 200-day moving average price is $9.65. The stock has a market capitalization of $2.22 billion, a P/E ratio of -19.31 and a beta of 3.21. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.20 and a current ratio of 3.20. TIC Solutions has a 12 month low of $6.36 and a 12 month high of $14.94.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TIC. Robert W. Baird set a $11.00 target price on TIC Solutions in a research note on Thursday. JPMorgan Chase & Co. lifted their target price on TIC Solutions from $7.00 to $9.00 and gave the company an “underweight” rating in a research note on Thursday. Roth Mkm restated a “buy” rating and issued a $11.50 target price on shares of TIC Solutions in a research note on Thursday. UBS Group lifted their target price on TIC Solutions from $8.00 to $11.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Zacks Research cut TIC Solutions from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, TIC Solutions has a consensus rating of “Reduce” and a consensus target price of $11.50.

Institutional Investors Weigh In On TIC Solutions

Hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC raised its holdings in shares of TIC Solutions by 123.5% during the third quarter. Nisa Investment Advisors LLC now owns 2,277 shares of the company’s stock valued at $30,000 after buying an additional 1,258 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of TIC Solutions during the third quarter valued at approximately $33,000. Clearstead Advisors LLC bought a new stake in TIC Solutions during the third quarter worth approximately $43,000. National Bank of Canada FI bought a new stake in TIC Solutions during the third quarter worth approximately $53,000. Finally, Principal Financial Group Inc. bought a new stake in TIC Solutions during the first quarter worth approximately $69,000.

TIC Solutions Company Profile

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.