Target Hospitality (TH) to Release Quarterly Earnings on Wednesday

Target Hospitality (NASDAQ:TH - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $65.37 million for the quarter.

Target Hospitality (NASDAQ:TH - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.06. The firm had revenue of $83.70 million during the quarter, compared to analysts' expectations of $80.10 million. Target Hospitality had a return on equity of 22.80% and a net margin of 20.84%. Target Hospitality's revenue was down 33.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 earnings per share. On average, analysts expect Target Hospitality to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Target Hospitality Stock Performance

TH stock traded up $0.02 during midday trading on Monday, hitting $6.94. 132,270 shares of the stock were exchanged, compared to its average volume of 597,087. Target Hospitality has a fifty-two week low of $4.00 and a fifty-two week high of $11.84. The stock has a market cap of $689.09 million, a price-to-earnings ratio of 7.97, a PEG ratio of 1.81 and a beta of 1.89. The stock's 50-day moving average price is $6.43 and its 200-day moving average price is $8.01.

Analyst Ratings Changes

TH has been the subject of a number of analyst reports. Northland Securities raised Target Hospitality from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $11.00 to $15.00 in a report on Wednesday, January 29th. Stifel Nicolaus raised their target price on shares of Target Hospitality from $5.00 to $7.50 and gave the stock a "hold" rating in a research report on Monday, March 31st. Finally, Northland Capmk upgraded shares of Target Hospitality from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 29th.

About Target Hospitality

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.