Northland Capmk Issues Negative Outlook for TH Earnings

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Equities researchers at Northland Capmk reduced their Q1 2025 earnings per share (EPS) estimates for Target Hospitality in a research note issued on Wednesday, February 19th. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings of $0.06 per share for the quarter, down from their prior estimate of $0.08. 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.

A number of other equities research analysts also recently weighed in on TH. Northland Securities upgraded Target Hospitality from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $11.00 to $15.00 in a research report on Wednesday, January 29th. Oppenheimer reiterated a "market perform" rating on shares of Target Hospitality in a report on Thursday, November 14th.

Target Hospitality Price Performance

Shares of TH stock traded down $0.49 on Thursday, reaching $9.36. 393,897 shares of the stock were exchanged, compared to its average volume of 547,906. The stock has a market cap of $926.09 million, a PE ratio of 10.76, a P/E/G ratio of 1.83 and a beta of 2.07. Target Hospitality has a one year low of $6.11 and a one year high of $11.84. The stock has a 50 day moving average price of $9.66 and a 200 day moving average price of $9.05.

Institutional Investors Weigh In On Target Hospitality

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TH. Price T Rowe Associates Inc. MD increased its holdings in shares of Target Hospitality by 15.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,318 shares of the company's stock worth $119,000 after acquiring an additional 1,650 shares in the last quarter. Fox Run Management L.L.C. increased its holdings in shares of Target Hospitality by 17.6% in the fourth quarter. Fox Run Management L.L.C. now owns 14,473 shares of the company's stock worth $140,000 after acquiring an additional 2,161 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Target Hospitality by 16.3% in the fourth quarter. SG Americas Securities LLC now owns 16,110 shares of the company's stock worth $156,000 after acquiring an additional 2,262 shares in the last quarter. AdvisorShares Investments LLC increased its holdings in shares of Target Hospitality by 13.7% in the fourth quarter. AdvisorShares Investments LLC now owns 24,889 shares of the company's stock worth $241,000 after acquiring an additional 3,000 shares in the last quarter. Finally, AlphaQuest LLC boosted its position in shares of Target Hospitality by 275.9% during the fourth quarter. AlphaQuest LLC now owns 4,578 shares of the company's stock worth $44,000 after buying an additional 3,360 shares during the period. 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.