Target Hospitality (TH) Stock Price, News & Analysis

Company Overview

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. It serves the U.S. government contractors and investment grade natural resource development companies. Target Hospitality Corp. was founded in 1978 and is headquartered in The Woodlands, Texas.

Key Stats

• Today's Range: $8.20 to $8.64
• 50-Day Range: $7.36 to $9.84
• 52-Week Range: $6.11 to $11.84
• Volume: 413,047 shs
• Average Volume: 530,096 shs
• Market Capitalization: $821.21 million
• P/E Ratio: 9.54
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Hold

Target Hospitality Stock Analysis - MarketRank™

Target Hospitality scored higher than 77% of companies evaluated by MarketBeat, and ranked 111th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Target Hospitality has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Target Hospitality has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -34.85%

Earnings Growth

Earnings for Target Hospitality are expected to decrease by -34.85% in the coming year, from $0.66 to $0.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Target Hospitality is 9.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of Target Hospitality is 9.54, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.08.

Price to Earnings Growth Ratio

Target Hospitality has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Target Hospitality has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.42% of the float of Target Hospitality has been sold short.

Short Interest Ratio / Days to Cover

Target Hospitality has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Target Hospitality has recently decreased by 35.54%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Target Hospitality does not currently pay a dividend.

Dividend Growth

Target Hospitality does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.42% of the float of Target Hospitality has been sold short.

Short Interest Ratio / Days to Cover

Target Hospitality has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Target Hospitality has recently decreased by 35.54%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.11

News Sentiment

Target Hospitality has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Target Hospitality this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for TH on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Target Hospitality insiders have not sold or bought any company stock.

Percentage Held by Insiders

67.00% of the stock of Target Hospitality is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 32.40% of the stock of Target Hospitality is held by institutions.

TH Stock Analysis - Frequently Asked Questions

How have TH shares performed this year?

Target Hospitality's stock was trading at $9.73 at the beginning of 2024. Since then, TH shares have decreased by 14.7% and is now trading at $8.30.
View the best growth stocks for 2024 here.

How were Target Hospitality's earnings last quarter?

Target Hospitality Corp. (NASDAQ:TH) released its quarterly earnings results on Wednesday, August, 7th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. The firm's revenue for the quarter was down 29.9% compared to the same quarter last year.

Who are Target Hospitality's major shareholders?

Top institutional shareholders of Target Hospitality include HighTower Advisors LLC (1.46%), Geode Capital Management LLC (0.85%), State Street Corp (0.72%) and LB Partners LLC (0.53%). Insiders that own company stock include Jeffrey Sagansky, James B Archer, Troy C Schrenk, Eric Kalamaras, Jason Paul Vlacich and John Travis Kelley.
View institutional ownership trends.

How do I buy shares of Target Hospitality?

Shares of TH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Target Hospitality own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Target Hospitality investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Palo Alto Networks (PANW) and Invesco QQQ (QQQ).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/28/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Hotels, rooming houses, camps, & other lodging places
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: NASDAQ:TH
• CUSIP: N/A
• CIK: 1712189
• Web: www.targethospitality.com
• Phone: (281) 362-5397
• Fax: N/A
• Employees: 820
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $12.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +32.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.87
• Trailing P/E Ratio: 9.54
• Forward P/E Ratio: 12.58
• P/E Growth: 0.85
• Net Income: $173.70 million
• Net Margins: 20.84%
• Pretax Margin: 29.00%
• Return on Equity: 22.80%
• Return on Assets: 12.82%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.01
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $428.80 million
• Price / Sales: 1.92
• Cash Flow: $2.46 per share
• Price / Cash Flow: 3.37
• Book Value: $4.22 per share
• Price / Book: 1.97

Miscellaneous

• Outstanding Shares: 98,941,000
• Free Float: 32,651,000
• Market Cap: $821.21 million
• Optionable: Not Optionable
• Beta: 2.09