Northland Securities Weighs in on TH FY2026 Earnings

Target Hospitality Corp. (NASDAQ:TH) – Stock analysts at Northland Securities issued their FY2026 earnings estimates for Target Hospitality in a research report issued on Tuesday, November 10th. Northland Securities analyst G. Gibas forecasts that the company will post earnings of ($0.15) per share for the year. The consensus estimate for Target Hospitality’s current full-year earnings is ($0.04) per share.

Target Hospitality (NASDAQ:TH) last issued its earnings results on Monday, November 9th. The company reported ($0.09) earnings per share for the quarter. Target Hospitality had a negative return on equity of 12.29% and a negative net margin of 12.23%. The business had revenue of $129.06 million for the quarter, compared to analyst estimates of $118.35 million.

Other equities analysts have also recently issued research reports about the stock. Stifel Nicolaus set a $26.00 target price on shares of Target Hospitality in a report on Thursday, August 27th. Weiss Ratings lowered Target Hospitality from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday. Deutsche Bank reiterated a “buy” rating and set a $23.00 price target on shares of Target Hospitality in a research report on Thursday, August 27th. Oppenheimer raised their price target on Target Hospitality from $24.00 to $27.00 and gave the stock an “outperform” rating in a report on Tuesday, September 8th. Finally, Morgan Stanley boosted their price objective on Target Hospitality from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Target Hospitality has an average rating of “Moderate Buy” and a consensus price target of $25.20.

Target Hospitality Trading Up 14.6%

NASDAQ TH opened at $11.80 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.65 and a current ratio of 0.45. Target Hospitality has a one year low of $6.10 and a one year high of $21.76. The company has a 50-day simple moving average of $17.06 and a 200-day simple moving average of $14.86. The firm has a market capitalization of $1.18 billion, a PE ratio of -25.65 and a beta of 1.56.

Insider Activity

In other news, CEO James Archer acquired 27,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 11th. The shares were purchased at an average cost of $11.37 per share, for a total transaction of $312,675.00. Following the transaction, the chief executive officer directly owned 1,872,941 shares in the company, valued at $21,295,339.17. This trade represents a 1.49% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Troy Schrenk bought 5,907 shares of the firm’s stock in a transaction on Friday, September 18th. The stock was purchased at an average price of $21.16 per share, with a total value of $124,992.12. Following the transaction, the insider owned 216,995 shares in the company, valued at $4,591,614.20. The trade was a 2.80% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 46,792 shares of company stock worth $687,833. 3.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Target Hospitality

Several hedge funds and other institutional investors have recently made changes to their positions in TH. HighTower Advisors LLC boosted its position in Target Hospitality by 4.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,922,248 shares of the company’s stock worth $37,907,000 after acquiring an additional 79,981 shares during the period. Royce & Associates LP increased its holdings in shares of Target Hospitality by 71.5% during the third quarter. Royce & Associates LP now owns 898,625 shares of the company’s stock valued at $17,721,000 after purchasing an additional 374,684 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Target Hospitality by 347.7% during the third quarter. Russell Investments Group Ltd. now owns 323,806 shares of the company’s stock valued at $6,385,000 after purchasing an additional 251,473 shares in the last quarter. Calamos Advisors LLC raised its stake in shares of Target Hospitality by 230.7% during the third quarter. Calamos Advisors LLC now owns 201,731 shares of the company’s stock valued at $3,978,000 after purchasing an additional 140,730 shares in the last quarter. Finally, State of Wyoming raised its stake in shares of Target Hospitality by 273.0% during the third quarter. State of Wyoming now owns 34,902 shares of the company’s stock valued at $688,000 after purchasing an additional 25,544 shares in the last quarter. 32.40% of the stock is currently owned by institutional investors and hedge funds.

About Target Hospitality

Target Hospitality Corporation provides modular accommodations and hospitality services for workers and other groups who need lodging near remote or specialized locations. Its services include lodging, dining, housekeeping, laundry, and recreation, with facilities designed to support extended stays. The company serves customers in industries such as energy and natural resources, as well as government clients. Its operations are primarily in the United States, including locations in the Permian Basin and other areas where traditional lodging may be limited.