Target Hospitality (NASDAQ:TH) EVP Heidi Diane Lewis Sells 9,000 Shares of Stock

Target Hospitality Corp. (NASDAQ:TH) EVP Heidi Diane Lewis sold 9,000 shares of the business’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $7.09, for a total value of $63,810.00. Following the transaction, the executive vice president directly owned 163,198 shares of the company’s stock, valued at $1,157,073.82. This trade represents a 5.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Heidi Diane Lewis also recently made the following trade(s):

• On Monday, September 22nd, Heidi Diane Lewis sold 12,256 shares of Target Hospitality stock. The stock was sold at an average price of $8.71, for a total value of $106,749.76.

Target Hospitality Price Performance

Target Hospitality stock opened at $7.26 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.47 and a current ratio of 1.47. Target Hospitality Corp. has a 52 week low of $4.00 and a 52 week high of $11.10. The stock has a market capitalization of $724.40 million, a P/E ratio of 72.60 and a beta of 1.92. The stock has a fifty day moving average of $8.34 and a 200-day moving average of $7.60.

Target Hospitality (NASDAQ:TH) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.04). The business had revenue of $61.61 million for the quarter, compared to analyst estimates of $56.43 million. Target Hospitality had a return on equity of 3.26% and a net margin of 3.58%. Target Hospitality has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that Target Hospitality Corp. will post 0.65 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Target Hospitality

A number of institutional investors have recently made changes to their positions in TH. AdvisorNet Financial Inc grew its position in shares of Target Hospitality by 1,305.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,160 shares of the company’s stock valued at $30,000 after buying an additional 3,864 shares during the last quarter. Tripletail Wealth Management LLC bought a new stake in shares of Target Hospitality in the 3rd quarter valued at about $55,000. Royce & Associates LP grew its position in shares of Target Hospitality by 44.0% in the 1st quarter. Royce & Associates LP now owns 15,783 shares of the company’s stock valued at $104,000 after buying an additional 4,819 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Target Hospitality in the 1st quarter valued at about $108,000. Finally, AQR Capital Management LLC bought a new stake in shares of Target Hospitality in the 1st quarter valued at about $114,000. Institutional investors own 32.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TH shares. Wall Street Zen lowered Target Hospitality from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of Target Hospitality in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus upgraded Target Hospitality from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $7.50 to $11.00 in a research report on Tuesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.00.

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.