Q1 EPS Forecast for Target Hospitality Decreased by Analyst

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Northland Capmk dropped their Q1 2025 EPS estimates for Target Hospitality in a report released on Tuesday, November 19th. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings per share of $0.08 for the quarter, down from their prior forecast of $0.09. The consensus estimate for Target Hospitality's current full-year earnings is $0.66 per share. Northland Capmk also issued estimates for Target Hospitality's Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.35 EPS.

Several other equities research analysts also recently commented on the stock. Oppenheimer reaffirmed a "market perform" rating on shares of Target Hospitality in a research note on Thursday, November 14th. Northland Securities upped their price objective on shares of Target Hospitality from $9.00 to $11.00 and gave the company a "market perform" rating in a research report on Wednesday, November 13th.

Target Hospitality Stock Up 0.7 %

NASDAQ TH traded up $0.06 during trading hours on Wednesday, hitting $8.54. The company's stock had a trading volume of 80,732 shares, compared to its average volume of 534,105. The stock has a fifty day moving average of $8.30 and a 200 day moving average of $9.21. Target Hospitality has a twelve month low of $6.11 and a twelve month high of $11.84. The firm has a market capitalization of $857.68 million, a P/E ratio of 9.75, a PEG ratio of 0.92 and a beta of 2.09.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Covestor Ltd increased its holdings in shares of Target Hospitality by 13.9% in the first quarter. Covestor Ltd now owns 8,925 shares of the company's stock valued at $97,000 after purchasing an additional 1,092 shares during the last quarter. Intech Investment Management LLC acquired a new position in Target Hospitality in the third quarter valued at about $87,000. Quest Partners LLC raised its position in shares of Target Hospitality by 4,201.9% in the 2nd quarter. Quest Partners LLC now owns 13,508 shares of the company's stock valued at $118,000 after buying an additional 13,194 shares in the last quarter. SG Americas Securities LLC bought a new stake in Target Hospitality during the third quarter worth $108,000. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Target Hospitality by 11.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,480 shares of the company's stock worth $126,000 after buying an additional 1,540 shares during the last quarter. Institutional investors and hedge funds own 32.40% of the company's stock.

About Target Hospitality

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.