Northland Capmk Issues Positive Estimate for TH Earnings

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Stock analysts at Northland Capmk lifted their Q1 2025 earnings per share estimates for shares of Target Hospitality in a research note issued on Thursday, March 27th. Northland Capmk analyst G. Gibas now forecasts that the company will earn ($0.02) per share for the quarter, up from their prior estimate of ($0.03). Northland Capmk 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.

Several other research firms have also issued reports on TH. Northland Securities upgraded shares of Target Hospitality from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $11.00 to $15.00 in a research report on Wednesday, January 29th. Stifel Nicolaus boosted their target price on Target Hospitality from $5.00 to $7.50 and gave the stock a "hold" rating in a research note on Monday.

Target Hospitality Price Performance

NASDAQ:TH traded down $0.27 during trading hours on Monday, reaching $6.60. 115,036 shares of the company were exchanged, compared to its average volume of 593,320. The company has a market capitalization of $653.01 million, a P/E ratio of 7.59, a P/E/G ratio of 1.81 and a beta of 2.15. The business has a 50 day moving average of $7.49 and a 200 day moving average of $8.29. Target Hospitality has a 1-year low of $4.00 and a 1-year high of $11.84.

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Target Hospitality (NASDAQ:TH - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.12 EPS 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 business had revenue of $83.70 million for the quarter, compared to the consensus estimate of $80.10 million. During the same period in the prior year, the company posted $0.29 earnings per share. Target Hospitality's revenue was down 33.7% compared to the same quarter last year.

Hedge Funds Weigh In On Target Hospitality

Hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in shares of Target Hospitality by 48.5% in the 3rd quarter. Victory Capital Management Inc. now owns 37,504 shares of the company's stock valued at $292,000 after purchasing an additional 12,242 shares during the period. Intech Investment Management LLC bought a new position in shares of Target Hospitality during the 3rd quarter worth approximately $87,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Target Hospitality by 28.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 271,590 shares of the company's stock worth $2,113,000 after buying an additional 60,569 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Target Hospitality by 154.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 83,708 shares of the company's stock valued at $651,000 after acquiring an additional 50,758 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Target Hospitality by 10.1% in the third quarter. HighTower Advisors LLC now owns 1,466,356 shares of the company's stock valued at $11,408,000 after purchasing an additional 134,966 shares in the last quarter. Institutional investors and hedge funds 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.