Northland Capmk Issues Positive Outlook for TH Earnings

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Research analysts at Northland Capmk upped their Q1 2025 earnings estimates for shares of Target Hospitality in a report issued on Thursday, March 27th. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings per share of ($0.02) for the quarter, up from their prior forecast of ($0.03). Northland Capmk currently has a "Strong-Buy" rating on the stock. The consensus estimate for Target Hospitality's current full-year earnings is $0.65 per share. Northland Capmk also issued estimates for Target Hospitality's Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.10) EPS and FY2025 earnings at ($0.30) EPS.

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, beating the consensus estimate of $0.06 by $0.06. Target Hospitality had a net margin of 20.84% and a return on equity of 22.80%. The firm had revenue of $83.70 million during the quarter, compared to the consensus estimate of $80.10 million. During the same quarter last year, the firm earned $0.29 EPS. The firm's revenue for the quarter was down 33.7% on a year-over-year basis.

Several other equities analysts also recently weighed in on TH. Stifel Nicolaus lifted their target price on Target Hospitality from $5.00 to $7.50 and gave the company a "hold" rating in a research report on Monday. Northland Securities upgraded shares of Target Hospitality from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $11.00 to $15.00 in a report on Wednesday, January 29th.

Target Hospitality Stock Performance

Shares of NASDAQ TH traded down $0.15 during trading on Monday, reaching $6.72. The stock had a trading volume of 774,273 shares, compared to its average volume of 596,910. The business's 50-day moving average price is $7.42 and its 200-day moving average price is $8.28. Target Hospitality has a fifty-two week low of $4.00 and a fifty-two week high of $11.84. The company has a market cap of $664.88 million, a P/E ratio of 7.72, a PEG ratio of 1.81 and a beta of 2.15.

Institutional Investors Weigh In On Target Hospitality

Several large investors have recently bought and sold shares of TH. Empyrean Capital Partners LP acquired a new stake in shares of Target Hospitality in the 4th quarter valued at $9,781,000. Teacher Retirement System of Texas acquired a new stake in Target Hospitality in the fourth quarter valued at $2,705,000. Shay Capital LLC acquired a new stake in Target Hospitality in the fourth quarter valued at $2,667,000. Arrowstreet Capital Limited Partnership lifted its holdings in Target Hospitality by 32.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,008,702 shares of the company's stock worth $9,749,000 after buying an additional 245,252 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Target Hospitality by 420.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 199,358 shares of the company's stock worth $1,927,000 after acquiring an additional 161,036 shares in the last quarter. Hedge funds and other institutional investors own 32.40% of the company's stock.

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.