Target Hospitality (TH) Expected to Announce Earnings on Wednesday

Target Hospitality (NASDAQ:TH - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Target Hospitality to post earnings of $0.07 per share and revenue of $80.10 million for the quarter.

Target Hospitality Stock Performance

Shares of TH stock traded up $0.03 during trading hours on Friday, reaching $5.98. The company had a trading volume of 1,121,396 shares, compared to its average volume of 605,962. The business has a fifty day moving average price of $8.10 and a 200-day moving average price of $8.48. Target Hospitality has a one year low of $4.00 and a one year high of $11.84. The firm has a market cap of $591.67 million, a PE ratio of 6.87, a price-to-earnings-growth ratio of 1.81 and a beta of 2.15.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Stifel Nicolaus reduced their price target on shares of Target Hospitality from $10.00 to $5.00 and set a "hold" rating for the company in a research note on Wednesday, February 26th. Northland Capmk upgraded shares of Target Hospitality from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 29th. Finally, Northland Securities upgraded shares of Target Hospitality from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $11.00 to $15.00 in a research note on Wednesday, January 29th.

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.