Target Hospitality (NASDAQ:TH) Sets New 52-Week High – Still a Buy?

Posted by Francis Steltz on Jun 24th, 2026

Shares of Target Hospitality Corp. (NASDAQ:TH – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $20.34 and last traded at $20.4350, with a volume of 864381 shares traded. The stock had previously closed at $20.16.

Analyst Upgrades and Downgrades

TH has been the topic of a number of recent analyst reports. Oppenheimer increased their price target on Target Hospitality from $18.00 to $21.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Wall Street Zen raised Target Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $15.00 price objective (up from $11.00) on shares of Target Hospitality in a research report on Monday, April 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Target Hospitality in a research note on Friday, March 27th. Finally, Texas Capital upgraded Target Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $19.33.

Read Our Latest Analysis on Target Hospitality

Target Hospitality Trading Down 2.3%

The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -45.09 and a beta of 1.47. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a fifty day moving average of $16.92 and a 200-day moving average of $11.49.

Target Hospitality (NASDAQ:TH – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02). The company had revenue of $72.78 million during the quarter, compared to analyst estimates of $73.20 million. Target Hospitality had a negative net margin of 13.47% and a negative return on equity of 11.11%. As a group, equities analysts predict that Target Hospitality Corp. will post -0.19 earnings per share for the current fiscal year.

Institutional Trading of Target Hospitality

Several large investors have recently bought and sold shares of the company. IFP Advisors Inc grew its holdings in Target Hospitality by 88.0% during the 3rd quarter. IFP Advisors Inc now owns 4,002 shares of the company’s stock valued at $35,000 after purchasing an additional 1,873 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Target Hospitality by 121.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,494 shares of the company’s stock valued at $38,000 after buying an additional 2,465 shares during the last quarter. Galaxy Digital Capital Management GP LLC purchased a new position in Target Hospitality in the 1st quarter valued at about $67,000. Tripletail Wealth Management LLC grew its stake in shares of Target Hospitality by 62.2% during the fourth quarter. Tripletail Wealth Management LLC now owns 11,630 shares of the company’s stock valued at $93,000 after acquiring an additional 4,460 shares in the last quarter. Finally, AdvisorShares Investments LLC grew its stake in shares of Target Hospitality by 17.9% during the fourth quarter. AdvisorShares Investments LLC now owns 11,820 shares of the company’s stock valued at $95,000 after acquiring an additional 1,798 shares in the last quarter. Institutional investors and hedge funds own 32.40% of the company’s stock.

About Target Hospitality

(Get Free Report)

Target Hospitality is a lodging solutions provider specializing in the ownership and operation of modular workforce housing communities across North America. The company serves large-scale clients in the energy, mining, construction and government sectors that require temporary or long-term accommodations for remote workforces. Its housing portfolio includes suite-style units, single-family cabins and “man-camp” dormitories, designed to match project size, duration and workforce composition.

In addition to lodging, Target Hospitality delivers integrated support services such as on-site dining and culinary management, housekeeping, maintenance, facility management and logistics planning.