NASDAQ:TH

Target Hospitality (TH) Stock Price, News & Analysis

$11.64
+0.08 (+0.69%)
(As of 05/14/2024 ET)
Today's Range
$11.61
$11.84
50-Day Range
$8.51
$11.66
52-Week Range
$8.49
$16.80
Volume
464,275 shs
Average Volume
442,623 shs
Market Capitalization
$1.17 billion
P/E Ratio
8.56
Dividend Yield
N/A
Price Target
$11.00

Target Hospitality MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.5% Downside
$11.00 Price Target
Short Interest
Healthy
4.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.80mentions of Target Hospitality in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.71%
From $0.70 to $0.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.10 out of 5 stars

Consumer Discretionary Sector

237th out of 271 stocks

Hotels, Rooming Houses, Camps, & Other Lodging Places Industry

3rd out of 4 stocks

TH stock logo

About Target Hospitality Stock (NASDAQ:TH)

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services - South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services. It serves the U.S. government contractors and investment grade natural resource development companies. Target Hospitality Corp. was founded in 1978 and is headquartered in The Woodlands, Texas.

TH Stock Price History

TH Stock News Headlines

The Analyst Landscape: 4 Takes On Target Hospitality
Target Hospitality Corp (TH)
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Company Calendar

Last Earnings
5/08/2024
Today
5/14/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Hotels, rooming houses, camps, & other lodging places
Sub-Industry
N/A
Fax
N/A
Employees
984
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$12.00
Low Stock Price Target
$10.00
Potential Upside/Downside
-5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$173.70 million
Pretax Margin
37.37%

Debt

Sales & Book Value

Annual Sales
$563.61 million
Cash Flow
$2.51 per share
Book Value
$3.71 per share

Miscellaneous

Free Float
33,172,000
Market Cap
$1.17 billion
Optionable
Not Optionable
Beta
2.06
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TH Stock Analysis - Frequently Asked Questions

Should I buy or sell Target Hospitality stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Target Hospitality in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TH shares.
View TH analyst ratings
or view top-rated stocks.

What is Target Hospitality's stock price target for 2024?

2 brokers have issued 1-year price objectives for Target Hospitality's shares. Their TH share price targets range from $10.00 to $12.00. On average, they predict the company's stock price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 5.5%.
View analysts price targets for TH
or view top-rated stocks among Wall Street analysts.

How have TH shares performed in 2024?

Target Hospitality's stock was trading at $9.73 on January 1st, 2024. Since then, TH stock has increased by 19.6% and is now trading at $11.64.
View the best growth stocks for 2024 here
.

When is Target Hospitality's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our TH earnings forecast
.

How were Target Hospitality's earnings last quarter?

Target Hospitality Corp. (NASDAQ:TH) released its quarterly earnings results on Wednesday, May, 8th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.05. The company earned $106.70 million during the quarter, compared to analysts' expectations of $101.97 million. Target Hospitality had a net margin of 27.37% and a trailing twelve-month return on equity of 41.41%. The business's quarterly revenue was down 27.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 earnings per share.

What ETFs hold Target Hospitality's stock?

ETFs with the largest weight of Target Hospitality (NASDAQ:TH) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ).Roundhill Acquirers Deep Value ETF (DEEP).

What guidance has Target Hospitality issued on next quarter's earnings?

Target Hospitality issued an update on its FY 2024 earnings guidance on Saturday, May, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $410.0 million-$425.0 million, compared to the consensus revenue estimate of $413.4 million.

Who are Target Hospitality's major shareholders?

Target Hospitality's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.79%), Yarra Square Partners LP (0.39%), Nordea Investment Management AB (0.23%), BNP Paribas Financial Markets (0.04%), Principal Financial Group Inc. (0.03%) and Prairiewood Capital LLC (0.02%). Insiders that own company stock include Andrew P Studdert, Eric Kalamaras, James B Archer, Jason Paul Vlacich, Jeffrey Sagansky, John Travis Kelley and Troy C Schrenk.
View institutional ownership trends
.

How do I buy shares of Target Hospitality?

Shares of TH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TH) was last updated on 5/15/2024 by MarketBeat.com Staff

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