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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
NASDAQ:TH

Target Hospitality - TH Stock Forecast, Price & News

$13.41
-0.22 (-1.61%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.37
$13.93
50-Day Range
$4.95
$14.44
52-Week Range
$2.72
$14.86
Volume
851,808 shs
Average Volume
616,110 shs
Market Capitalization
$1.30 billion
P/E Ratio
38.32
Dividend Yield
N/A
Price Target
$18.00

Target Hospitality MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.2% Upside
$18.00 Price Target
Short Interest
Bearish
17.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of Target Hospitality in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
44.53%
From $1.37 to $1.98 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Consumer Discretionary Sector

69th out of 291 stocks

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

1st out of 4 stocks

TH stock logo

About Target Hospitality (NASDAQ:TH) Stock

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services - South, Hospitality & Facilities Services - Midwest, Government, and TCPL Keystone. It owns a network of specialty rental accommodation units with approximately 15,528 beds across 27 communities, which include 26 owned and 1 leased; and operates 1 community not owned or leased by the company. Target Hospitality Corp. also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation, workforce community management, concierge, and laundry services. It serves the U.S. government, government contractors, investment grade natural resource development companies, and energy infrastructure companies. The company was founded in 1978 and is headquartered in The Woodlands, Texas.

Target Hospitality Stock Performance

Shares of Target Hospitality stock traded down $0.05 during trading hours on Monday, reaching $13.58. 15,952 shares of the stock traded hands, compared to its average volume of 610,619. The company has a 50 day moving average price of $9.47 and a 200 day moving average price of $6.69. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 38.94, a P/E/G ratio of 0.66 and a beta of 2.58. Target Hospitality has a one year low of $2.72 and a one year high of $14.86. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 2.84.

Target Hospitality (NASDAQ:TH - Get Rating) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.07. The company had revenue of $109.65 million during the quarter, compared to the consensus estimate of $104.60 million. Target Hospitality had a return on equity of 31.74% and a net margin of 9.10%. During the same period in the previous year, the company posted ($0.01) EPS. On average, equities research analysts expect that Target Hospitality will post 1.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Oppenheimer boosted their target price on Target Hospitality from $9.00 to $18.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 12th.

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TH Stock News Headlines

Target Hospitality (TH) Scheduled to Post Earnings on Tuesday
Why Target Hospitality Stock Popped 31.7% on Friday
Why Target Hospitality Shares Are Surging Today
Target Hospitality Raises FY22 Outlook
See More Headlines
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TH Company Calendar

Last Earnings
8/09/2022
Today
8/15/2022
Next Earnings (Estimated)
11/11/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Hotels, rooming houses, camps, & other lodging places
Sub-Industry
N/A
Fax
N/A
Employees
823
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.00
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+34.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-4,580,000.00
Pretax Margin
12.06%

Debt

Sales & Book Value

Annual Sales
$291.34 million
Cash Flow
$0.68 per share
Book Value
$0.95 per share

Miscellaneous

Free Float
30,826,000
Market Cap
$1.30 billion
Optionable
Not Optionable
Beta
2.58

Key Executives

  • Mr. James Bradley Archer (Age 51)
    CEO, Pres & Non-Independent Director
    Comp: $2.73M
  • Mr. Eric T. Kalamaras (Age 48)
    Exec. VP & CFO
    Comp: $1.27M
  • Mr. Troy C. Schrenk (Age 46)
    Chief Commercial Officer
    Comp: $1.07M
  • Mr. J. Travis Kelley (Age 46)
    Exec. VP of Operations
  • Mr. Jason Paul Vlacich (Age 44)
    Chief Accounting Officer
  • Mr. Mark Schuck
    Sr. VP of Investor Relations & Financial Planning
  • Ms. Heidi Diane Lewis (Age 49)
    Exec. VP, Gen. Counsel & Sec.
  • Ms. Margarita Salazar
    VP of HR
  • Mr. Andrew A. Aberdale (Age 55)
    Advisor
  • Mr. Danny Handshoe
    Sr. VP of Services













TH Stock - Frequently Asked Questions

Should I buy or sell Target Hospitality stock right now?

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

What is Target Hospitality's stock price forecast for 2022?

1 brokers have issued 12-month target prices for Target Hospitality's stock. Their TH share price forecasts range from $18.00 to $18.00. On average, they predict the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price.
View analysts price targets for TH
or view top-rated stocks among Wall Street analysts.

How have TH shares performed in 2022?

Target Hospitality's stock was trading at $3.56 at the beginning of the year. Since then, TH shares have increased by 276.7% and is now trading at $13.41.
View the best growth stocks for 2022 here
.

When is Target Hospitality's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 11th 2022.
View our TH earnings forecast
.

How were Target Hospitality's earnings last quarter?

Target Hospitality Corp. (NASDAQ:TH) released its earnings results on Tuesday, August, 9th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.17 by $0.07. The business earned $109.65 million during the quarter, compared to the consensus estimate of $104.60 million. Target Hospitality had a trailing twelve-month return on equity of 31.74% and a net margin of 9.10%. During the same quarter in the prior year, the business posted ($0.01) earnings per share.

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

Target Hospitality updated its second quarter 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $102.00 million-$107.00 million, compared to the consensus revenue estimate of $82.67 million.

What is Target Hospitality's stock symbol?

Target Hospitality trades on the NASDAQ under the ticker symbol "TH."

Who are Target Hospitality's major shareholders?

Target Hospitality's stock is owned by a number of retail and institutional investors. Top institutional investors include Private Capital Management LLC (6.07%), Coastal Bridge Advisors LLC (2.92%), Northern Trust Corp (0.28%), Equitable Trust Co. (0.16%), Renaissance Technologies LLC (0.12%) and Swiss National Bank (0.09%). Insiders that own company stock include Andrew P Studdert, Eli Baker, Eric Kalamaras, James B Archer, Jeffrey Sagansky, John Travis Kelley, Martin L Jimmerson 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Target Hospitality's stock price today?

One share of TH stock can currently be purchased for approximately $13.41.

How much money does Target Hospitality make?

Target Hospitality (NASDAQ:TH) has a market capitalization of $1.30 billion and generates $291.34 million in revenue each year. The company earns $-4,580,000.00 in net income (profit) each year or $0.35 on an earnings per share basis.

How many employees does Target Hospitality have?

The company employs 823 workers across the globe.

How can I contact Target Hospitality?

Target Hospitality's mailing address is 2170 Buckthorne Place Suite 440, The Woodlands TX, 77380. The official website for the company is www.targethospitality.com. The company can be reached via phone at (281) 362-5397 or via email at ir@targethospitality.com.

This page (NASDAQ:TH) was last updated on 8/16/2022 by MarketBeat.com Staff

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