Target Hospitality (TH) Expected to Announce Quarterly Earnings on Wednesday

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

Target Hospitality (NASDAQ:TH - Get Free Report) last posted its earnings results on Wednesday, March 26th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.06. The firm had revenue of $83.70 million for the quarter, compared to analyst estimates of $80.10 million. Target Hospitality had a return on equity of 22.80% and a net margin of 20.84%. The company's revenue for the quarter was down 33.7% on a year-over-year basis. During the same period in the previous year, the company 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 Trading Down 0.6 %

Shares of NASDAQ TH traded down $0.04 during mid-day trading on Friday, reaching $6.93. 228,460 shares of the company's stock were exchanged, compared to its average volume of 597,441. The business has a fifty day simple moving average of $6.43 and a 200 day simple moving average of $8.00. Target Hospitality has a twelve month low of $4.00 and a twelve month high of $11.84. The firm has a market capitalization of $688.59 million, a price-to-earnings ratio of 7.97, a PEG ratio of 1.81 and a beta of 1.89.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TH. Northland Securities raised shares of Target Hospitality from a "market perform" rating to an "outperform" rating and increased their price objective for the stock from $11.00 to $15.00 in a research report on Wednesday, January 29th. Stifel Nicolaus increased their price objective on Target Hospitality from $5.00 to $7.50 and gave the stock a "hold" rating in a report on Monday, March 31st. Finally, Northland Capmk raised Target Hospitality from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 29th.

Target Hospitality Company Profile

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.