NEW YORK (TheStreet) -- Shares of Team Health (TMH) closed up 16.62% to $38.25 in Tuesday's trading session after the Wall Street Journal reported that the Knoxville, TN-based health care-services company might sell itself to a private-equity firm.
Team Health is in discussions with Blackstone Group and Bain Capital about going private, and a deal could be reached as soon as this month, sources told the Journal.
The company had a market value of $2.4 billion as of this afternoon, and has $2.4 billion in debt.
Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C.
Team Health's strengths such as its robust revenue growth and good cash flow from operations are countered by weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.
You can view the full analysis from the report here: TMH
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.