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 equities research analysts have issued twelve-month price objectives for Target Hospitality's stock. 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 twelve months. This suggests a possible upside of 0.9% 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 2024?

Target Hospitality's stock was trading at $9.73 at the beginning of 2024. Since then, TH shares have increased by 12.0% and is now trading at $10.90. View the best growth stocks for 2024 here .

Are investors shorting Target Hospitality?

Target Hospitality saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,240,000 shares, a decrease of 37.7% from the March 15th total of 1,990,000 shares. Based on an average daily volume of 581,100 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.8% 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 Tuesday, May 14th 2024. View our TH earnings forecast .

How were Target Hospitality's earnings last quarter?

Target Hospitality Corp. (NASDAQ:TH) issued its quarterly earnings results on Wednesday, March, 13th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.05. The business 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%. The business's revenue for the quarter was down 17.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 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 updated its FY 2024 earnings guidance on Friday, March, 22nd. The company provided earnings per share (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 retail and institutional investors. Top institutional shareholders include Denali Advisors 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 .

NASDAQ:TH

Target Hospitality (TH) Stock Price, News & Analysis

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Free TH Stock Alerts

$10.90

+0.02 (+0.18%)

(As of 04/19/2024 ET)

Compare

Today's Range: $10.77
▼
$11.08
50-Day Range: $8.51
▼
$11.12
52-Week Range: $8.49
▼
$16.80

Volume: 447,978 shs
Average Volume: 571,333 shs
Market Capitalization: $1.10 billion

P/E Ratio: 7.08
Dividend Yield: N/A
Price Target: $11.00

Get Target Hospitality alerts:

Target Hospitality MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 0.9% Upside
$11.00 Price Target
Short Interest: Healthy
3.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.74
Based on 5 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.

2.38 out of 5 stars

Consumer Discretionary Sector

173rd out of 265 stocks

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

3rd out of 4 stocks

1.3

Analyst's Opinion

Consensus Rating
Target Hospitality has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Target Hospitality has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.79% of the float of Target Hospitality has been sold short.
Short Interest Ratio / Days to Cover
Target Hospitality has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Target Hospitality has recently decreased by 37.69%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Target Hospitality does not currently pay a dividend.
Dividend Growth
Target Hospitality does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TH.

3.7

News and Social Media Coverage

News Sentiment
Target Hospitality has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Target Hospitality this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for TH on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
4 people have added Target Hospitality to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Target Hospitality insiders have not sold or bought any company stock.
Percentage Held by Insiders
68.20% of the stock of Target Hospitality is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 32.40% of the stock of Target Hospitality is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Target Hospitality are expected to grow by 7.81% in the coming year, from $0.64 to $0.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Target Hospitality is 7.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Target Hospitality is 7.08, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.33.
Price to Earnings Growth Ratio
Target Hospitality has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Target Hospitality has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

TH Stock News Headlines

April 16, 2024 | benzinga.com

Jason P. Vlacich Implements A Sell Strategy: Offloads $582K In Target Hospitality Stock

April 14, 2024 | americanbankingnews.com

Target Hospitality (NASDAQ:TH) Earns Hold Rating from Stifel Nicolaus

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 13, 2024 | msn.com

Bournemouth vs Man Utd live: Score and latest updates from Vitality Stadium

April 12, 2024 | markets.businessinsider.com

Hold Rating Maintained Amidst Acquisition Bid and Growth Prospects for Target Hospitality

April 12, 2024 | markets.businessinsider.com

The Analyst Landscape: 4 Takes On Target Hospitality

April 12, 2024 | finance.yahoo.com

DocuSign upgraded, Arista downgraded: Wall Street's top analyst calls

April 12, 2024 | finance.yahoo.com

Target Hospitality Announces Partnership with Chard Métis Dene Group

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 12, 2024 | prnewswire.com

Target Hospitality Announces Partnership with Chard Métis Dene Group

April 11, 2024 | investorplace.com

Wall Street Favorites: 3 Under-$20 Stocks With Strong Buy Ratings for April 2024

April 11, 2024 | investing.com

Target Hospitality Corp (TH)

March 28, 2024 | fool.com

Why Target Hospitality Stock Surged Higher This Week

March 27, 2024 | cnn.com

Target Hospitality Corp.

March 25, 2024 | msn.com

Arrow offers to buy remaining stake Target Hospitality

March 25, 2024 | msn.com

Target Hospitality jumps after $10.80 a share takeover offer

March 25, 2024 | prnewswire.com

Target Hospitality Receives Buyout Offer from TDR Capital

March 15, 2024 | finance.yahoo.com

Target Hospitality Corp. (NASDAQ:TH) Q4 2023 Earnings Call Transcript

March 14, 2024 | investorplace.com

The 3 Most Undervalued Stocks to Buy for Under $20 in March 2024

March 14, 2024 | finance.yahoo.com

Target Hospitality Full Year 2023 Earnings: Beats Expectations

March 14, 2024 | finance.yahoo.com

Q4 2023 Target Hospitality Corp Earnings Call

March 13, 2024 | finance.yahoo.com

Target Hospitality (TH) Stock Trades Up, Here Is Why

March 13, 2024 | sfgate.com

Target Hospitality: Q4 Earnings Snapshot

March 13, 2024 | markets.businessinsider.com

Target Hospitality Rises In Pre-market After Q4 Results Beat Estimates; Guides FY Revenue Above View

March 13, 2024 | finance.yahoo.com

Target Hospitality (NASDAQ:TH) Delivers Strong Q4 Numbers, Guides For Strong Full-Year Sales

March 13, 2024 | finance.yahoo.com

Target Hospitality Corp (TH) Reports Robust Full-Year Earnings Growth and Solid Q4 Performance

March 13, 2024 | prnewswire.com

Target Hospitality Reports Impressive 2023 Results Further Strengthening Financial Position Focused on Value Enhancing Capital Allocation Opportunities

See More Headlines

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Company Calendar

Last Earnings: 3/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Hotels, rooming houses, camps, & other lodging places
Sub-Industry: N/A
Current Symbol: NASDAQ:TH
CUSIP: N/A
CIK: 1712189
Web: www.targethospitality.com
Phone: (281) 362-5397
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: +0.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.54
Trailing P/E Ratio: 7.13
Forward P/E Ratio: 17.16
P/E Growth: 1.11
Net Income: $173.70 million
Net Margins: 29.53%
Pretax Margin: 39.88%
Return on Equity: 53.91%
Return on Assets: 24.85%

Debt

Debt-to-Equity Ratio: 0.47
Current Ratio: 2.57
Quick Ratio: 2.57

Sales & Book Value

Annual Sales: $563.61 million
Price / Sales: 1.96
Cash Flow: $2.58 per share
Price / Cash Flow: 4.26
Book Value: $3.71 per share
Price / Book: 2.96

Miscellaneous

Outstanding Shares: 100,520,000
Free Float: 31,965,000
Market Cap: $1.10 billion
Optionable: Not Optionable
Beta: 2.09

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Key Executives

Mr. James Bradley Archer (Age 53)
CEO, President & Non-Independent Director
Comp: $2.78M
Mr. Troy C. Schrenk (Age 48)
Senior EVP of Operations & Chief Commercial Officer
Comp: $1.01M
Mr. Jason Paul Vlacich (Age 45)
CFO & Chief Accounting Officer
Mr. Mark Schuck
Senior Vice President of Investor Relations & Financial Planning
Ms. Heidi Diane Lewis (Age 51)
Executive VP, General Counsel & Secretary
Ms. Margarita Salazar
Vice President of Human Resources
Mr. Andrew A. Aberdale (Age 58)
Advisor
Comp: $12.54M
Mr. Danny Handshoe
Senior Vice President of Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 equities research analysts have issued twelve-month price objectives for Target Hospitality's stock. 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 twelve months. This suggests a possible upside of 0.9% 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 2024?: Target Hospitality's stock was trading at $9.73 at the beginning of 2024. Since then, TH shares have increased by 12.0% and is now trading at $10.90.
View the best growth stocks for 2024 here.
Are investors shorting Target Hospitality?: Target Hospitality saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,240,000 shares, a decrease of 37.7% from the March 15th total of 1,990,000 shares. Based on an average daily volume of 581,100 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.8% 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 Tuesday, May 14th 2024.
View our TH earnings forecast.
How were Target Hospitality's earnings last quarter?: Target Hospitality Corp. (NASDAQ:TH) issued its quarterly earnings results on Wednesday, March, 13th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.05. The business 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%. The business's revenue for the quarter was down 17.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 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 updated its FY 2024 earnings guidance on Friday, March, 22nd. The company provided earnings per share (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 retail and institutional investors. Top institutional shareholders include Denali Advisors 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 4/19/2024 by MarketBeat.com Staff

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Target Hospitality (TH) Stock Price, News & Analysis

Target Hospitality MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Target Hospitality Stock (NASDAQ:TH)

TH Stock Price History

TH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™