What is Northland Capmk’s Forecast for TH FY2026 Earnings?

Target Hospitality Corp. (NASDAQ:TH) – Analysts at Northland Capmk raised their FY2026 earnings estimates for Target Hospitality in a research report issued on Tuesday, November 18th. Northland Capmk analyst G. Gibas now anticipates that the company will post earnings per share of ($0.22) 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.

Several other research firms have also recently issued reports on TH. Stifel Nicolaus upgraded shares of Target Hospitality from a “hold” rating to a “buy” rating and raised their price objective for the stock from $7.50 to $11.00 in a research report on Tuesday, August 19th. Weiss Ratings reissued a “sell (d)” rating on shares of Target Hospitality in a research report on Thursday, November 13th. Finally, Wall Street Zen raised shares of Target Hospitality from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.00.

Target Hospitality Price Performance

Shares of TH stock traded up $0.30 during trading hours on Thursday, reaching $7.01. The company had a trading volume of 111,390 shares, compared to its average volume of 557,921. Target Hospitality has a 12-month low of $4.00 and a 12-month high of $11.10. The company has a market capitalization of $699.46 million, a price-to-earnings ratio of -63.72 and a beta of 1.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a fifty day moving average of $7.63 and a 200-day moving average of $7.66.

Target Hospitality (NASDAQ:TH) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.03. The company had revenue of $99.36 million during the quarter, compared to analysts’ expectations of $85.30 million. Target Hospitality had a negative net margin of 3.08% and a negative return on equity of 1.78%. Target Hospitality has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Target Hospitality

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Philosophy Capital Management LLC lifted its position in shares of Target Hospitality by 43.4% during the 3rd quarter. Philosophy Capital Management LLC now owns 365,026 shares of the company’s stock worth $3,095,000 after purchasing an additional 110,533 shares during the last quarter. Kore Advisors LP raised its stake in Target Hospitality by 22.5% in the third quarter. Kore Advisors LP now owns 324,795 shares of the company’s stock valued at $2,754,000 after buying an additional 59,726 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in Target Hospitality by 78.5% during the 3rd quarter. Bridgeway Capital Management LLC now owns 241,294 shares of the company’s stock worth $2,046,000 after buying an additional 106,115 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Target Hospitality by 25.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,051,089 shares of the company’s stock worth $8,913,000 after buying an additional 211,634 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of Target Hospitality by 22.0% during the 3rd quarter. UBS Group AG now owns 184,158 shares of the company’s stock worth $1,562,000 after acquiring an additional 33,202 shares in the last quarter. 32.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Target Hospitality

In other news, Director Stephen Robertson bought 145,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were purchased at an average cost of $6.85 per share, for a total transaction of $993,250.00. Following the completion of the purchase, the director owned 320,000 shares of the company’s stock, valued at approximately $2,192,000. This represents a 82.86% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Heidi Diane Lewis sold 12,256 shares of Target Hospitality stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $8.71, for a total transaction of $106,749.76. Following the completion of the transaction, the executive vice president owned 172,198 shares of the company’s stock, valued at $1,499,844.58. This represents a 6.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 79,600 shares of company stock worth $654,231. Company insiders own 68.00% 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.