NASDAQ:TH

Target Hospitality (TH) Stock Price, News & Analysis

$11.20
-0.03 (-0.27%)
(As of 05/3/2024 08:53 PM ET)
Today's Range
$11.15
$11.35
50-Day Range
$8.51
$11.31
52-Week Range
$8.49
$16.80
Volume
258,400 shs
Average Volume
557,117 shs
Market Capitalization
$1.13 billion
P/E Ratio
7.27
Dividend Yield
N/A
Price Target
$11.00

Target Hospitality MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.8% Downside
$11.00 Price Target
Short Interest
Healthy
3.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Target Hospitality in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.81%
From $0.64 to $0.69 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.

2.11 out of 5 stars

Consumer Discretionary Sector

194th out of 269 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

Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
The Analyst Landscape: 4 Takes On Target Hospitality
Target Hospitality Corp (TH)
Target Hospitality Corp.
See More Headlines
Receive TH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Target Hospitality and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/13/2024
Today
5/06/2024
Next Earnings (Confirmed)
5/08/2024
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
-1.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$173.70 million
Pretax Margin
39.88%

Debt

Sales & Book Value

Annual Sales
$563.61 million
Cash Flow
$2.50 per share
Book Value
$3.71 per share

Miscellaneous

Free Float
33,172,000
Market Cap
$1.13 billion
Optionable
Not Optionable
Beta
2.06
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

TH Stock Analysis - Frequently Asked Questions

Should I buy or sell Target Hospitality stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Target Hospitality in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 target prices for Target Hospitality's stock. Their TH share price targets range from $10.00 to $12.00. On average, they expect the company's stock price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 1.8%.
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 at the beginning of 2024. Since then, TH shares have increased by 15.1% and is now trading at $11.20.
View the best growth stocks for 2024 here
.

Are investors shorting Target Hospitality?

Target Hospitality saw a decline in short interest in April. As of April 15th, there was short interest totaling 1,040,000 shares, a decline of 16.1% from the March 31st total of 1,240,000 shares. Based on an average daily volume of 578,700 shares, the days-to-cover ratio is currently 1.8 days. Approximately 3.3% of the shares of the stock are sold short.
View Target Hospitality's Short Interest
.

When is Target Hospitality's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our TH earnings forecast
.

How can I listen to Target Hospitality's earnings call?

Target Hospitality will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Target Hospitality's earnings last quarter?

Target Hospitality Corp. (NASDAQ:TH) issued its quarterly earnings data on Wednesday, March, 13th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.05. The firm had revenue of $126.20 million for the quarter, compared to the consensus estimate of $118 million. Target Hospitality had a trailing twelve-month return on equity of 53.91% and a net margin of 29.53%. Target Hospitality's revenue was down 17.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.31 EPS.

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 updated its FY 2024 earnings guidance on Friday, March, 22nd. 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 $409.7 million.

Who are Target Hospitality's major shareholders?

Target Hospitality's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Nordea Investment Management AB (0.23%), BNP Paribas Financial Markets (0.04%), Principal Financial Group Inc. (0.03%), Prairiewood Capital LLC (0.02%), Denali Advisors LLC (0.02%) and Simplicity Wealth LLC (0.01%). 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 5/6/2024 by MarketBeat.com Staff

From Our Partners