Northland Capmk Issues Negative Outlook for TH Earnings

Target Hospitality Corp. (NASDAQ:TH - Free Report) - Analysts at Northland Capmk decreased their Q1 2025 earnings estimates for shares of Target Hospitality in a research note issued on Tuesday, February 25th. Northland Capmk analyst G. Gibas now forecasts that the company will post earnings of ($0.03) per share for the quarter, down from their previous forecast of $0.06. 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 ($0.11) EPS, Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.13) EPS and FY2025 earnings at ($0.39) EPS.

A number of other analysts have also weighed in on TH. Northland Securities upgraded shares of Target Hospitality from a "market perform" rating to an "outperform" rating and increased their price objective for the stock from $11.00 to $15.00 in a research note on Wednesday, January 29th. Oppenheimer reiterated a "market perform" rating on shares of Target Hospitality in a research note on Thursday, November 14th. Finally, Stifel Nicolaus cut their price objective on shares of Target Hospitality from $10.00 to $5.00 and set a "hold" rating on the stock in a research note on Wednesday.

Target Hospitality Price Performance

Target Hospitality stock traded down $0.04 during mid-day trading on Thursday, reaching $5.61. 690,881 shares of the company traded hands, compared to its average volume of 994,135. 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 capitalization of $555.06 million, a price-to-earnings ratio of 6.45, a price-to-earnings-growth ratio of 1.81 and a beta of 2.07. The firm's fifty day moving average is $9.27 and its two-hundred day moving average is $8.90.

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Institutional Trading of Target Hospitality

A number of hedge funds have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its holdings in Target Hospitality by 15.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,318 shares of the company's stock worth $119,000 after buying an additional 1,650 shares in the last quarter. Fox Run Management L.L.C. lifted its holdings in Target Hospitality by 17.6% during the fourth quarter. Fox Run Management L.L.C. now owns 14,473 shares of the company's stock valued at $140,000 after purchasing an additional 2,161 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Target Hospitality by 16.3% during the fourth quarter. SG Americas Securities LLC now owns 16,110 shares of the company's stock valued at $156,000 after purchasing an additional 2,262 shares in the last quarter. AdvisorShares Investments LLC lifted its holdings in Target Hospitality by 13.7% during the fourth quarter. AdvisorShares Investments LLC now owns 24,889 shares of the company's stock valued at $241,000 after purchasing an additional 3,000 shares in the last quarter. Finally, AlphaQuest LLC lifted its holdings in Target Hospitality by 275.9% during the fourth quarter. AlphaQuest LLC now owns 4,578 shares of the company's stock valued at $44,000 after purchasing an additional 3,360 shares in the last quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.