
Target Hospitality Corp. (NASDAQ:TH – Free Report) – Equities research analysts at Northland Capmk upped their FY2026 earnings per share (EPS) estimates for Target Hospitality in a research note issued on Tuesday, November 18th. Northland Capmk analyst G. Gibas now expects that the company will earn ($0.22) per share for the year, up from their previous estimate of ($0.27). The consensus estimate for Target Hospitality’s current full-year earnings is $0.65 per share.
TH has been the topic of several other research reports. Weiss Ratings restated a “sell (d)” rating on shares of Target Hospitality in a research note on Thursday, November 13th. Wall Street Zen raised shares of Target Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Stifel Nicolaus upgraded shares of Target Hospitality from a “hold” rating to a “buy” rating and boosted their price target for the company from $7.50 to $11.00 in a report on Tuesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.00.
Target Hospitality Trading Up 4.5%
NASDAQ:TH traded up $0.30 during midday trading on Thursday, hitting $7.01. The stock had a trading volume of 111,390 shares, compared to its average volume of 557,921. The stock has a 50-day moving average of $7.63 and a 200 day moving average of $7.66. The company has a market capitalization of $699.46 million, a price-to-earnings ratio of -63.72 and a beta of 1.82. Target Hospitality has a one year low of $4.00 and a one year high of $11.10. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.01.
Target Hospitality (NASDAQ:TH – Get Free Report) last released its earnings results on Thursday, November 6th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $99.36 million for the quarter, compared to analyst estimates of $85.30 million. Target Hospitality had a negative return on equity of 1.78% and a negative net margin of 3.08%. Target Hospitality has set its FY 2025 guidance at EPS.
Insider Buying and Selling at Target Hospitality
In other Target Hospitality news, Director Stephen Robertson bought 145,000 shares of Target Hospitality stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average price of $6.85 per share, with a total value of $993,250.00. Following the completion of the acquisition, the director directly owned 320,000 shares in the company, valued at approximately $2,192,000. This trade represents a 82.86% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Heidi Diane Lewis sold 9,000 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $6.70, for a total value of $60,300.00. Following the completion of the transaction, the executive vice president directly owned 154,198 shares of the company’s stock, valued at approximately $1,033,126.60. This trade represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 79,600 shares of company stock worth $654,231. Company insiders own 68.00% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TH. AdvisorNet Financial Inc grew its position in shares of Target Hospitality by 1,305.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 4,160 shares of the company’s stock valued at $30,000 after acquiring an additional 3,864 shares during the period. Russell Investments Group Ltd. raised its position in Target Hospitality by 121.5% during the third quarter. Russell Investments Group Ltd. now owns 4,494 shares of the company’s stock worth $38,000 after acquiring an additional 2,465 shares during the period. State of Alaska Department of Revenue acquired a new position in Target Hospitality during the third quarter worth $44,000. Tripletail Wealth Management LLC purchased a new position in Target Hospitality during the third quarter valued at $55,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Target Hospitality in the third quarter valued at about $95,000. Hedge funds and other institutional investors own 32.40% of the company’s stock.
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.
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