Target Hospitality (NASDAQ:TH) Shares Gap Down – Should You Sell?

Posted by Stanley Muller on Nov 9th, 2026

Target Hospitality Corp. (NASDAQ:TH – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $11.36, but opened at $10.37. Target Hospitality shares last traded at $10.9520, with a volume of 817,638 shares traded.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TH shares. Northland Securities set a $25.00 price objective on Target Hospitality in a research note on Thursday, August 27th. Oppenheimer lifted their price objective on Target Hospitality from $24.00 to $27.00 and gave the stock an “outperform” rating in a report on Tuesday, September 8th. Weiss Ratings downgraded Target Hospitality from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $23.00 target price on shares of Target Hospitality in a research report on Thursday, August 27th. Finally, Morgan Stanley upped their target price on Target Hospitality from $22.00 to $25.00 and gave the company an “overweight” rating in a 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 issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $25.20.

View Our Latest Analysis on Target Hospitality

Target Hospitality Stock Performance

The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average is $17.50 and its 200 day moving average is $14.81. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of -28.57 and a beta of 1.56.

Target Hospitality (NASDAQ:TH – Get Free Report) last announced its earnings results on Monday, November 9th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $129.06 million for the quarter, compared to analyst estimates of $118.35 million. Target Hospitality had a negative return on equity of 9.80% and a negative net margin of 10.85%. On average, analysts predict that Target Hospitality Corp. will post -0.04 earnings per share for the current year.

Insider Buying and Selling

In other Target Hospitality news, insider Troy Schrenk acquired 5,907 shares of the company’s stock in a transaction dated Friday, September 18th. The stock was acquired at an average cost of $21.16 per share, with a total value of $124,992.12. Following the purchase, the insider directly owned 216,995 shares in the company, valued at approximately $4,591,614.20. This trade represents a 2.80% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO James Archer acquired 13,385 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average price of $18.69 per share, with a total value of $250,165.65. Following the completion of the transaction, the chief executive officer directly owned 1,845,441 shares in the company, valued at approximately $34,491,292.29. The trade was a 0.73% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Target Hospitality

Hedge funds have recently bought and sold shares of the stock. Quantbot Technologies LP acquired a new position in shares of Target Hospitality in the second quarter worth $27,000. Sterling Capital Management LLC lifted its position in shares of Target Hospitality by 351.4% in the third quarter. Sterling Capital Management LLC now owns 1,431 shares of the company’s stock valued at $28,000 after acquiring an additional 1,114 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Target Hospitality by 16.3% in the third quarter. State of Alaska Department of Revenue now owns 6,160 shares of the company’s stock valued at $121,000 after acquiring an additional 863 shares in the last quarter. Galaxy Digital Capital Management GP LLC acquired a new stake in shares of Target Hospitality during the first quarter valued at $67,000. Finally, State of Wyoming acquired a new stake in shares of Target Hospitality during the second quarter valued at $191,000. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Target Hospitality Company Profile

(Get Free Report)

Target Hospitality Corp. (NASDAQ: TH) provides specialty rental and hospitality services for organizations that require temporary or long-term workforce housing. The company develops and operates workforce accommodation communities and related facilities, offering an integrated alternative to traditional hotels or permanent housing in locations where lodging infrastructure is limited.

Its services generally include furnished lodging, food services, housekeeping, laundry, transportation, maintenance, recreation and other facility-management support.