Target Hospitality Corp. (NASDAQ:TH – Free Report) – Analysts at Northland Securities issued their FY2026 earnings per share (EPS) estimates for Target Hospitality in a note issued to investors on Tuesday, November 10th. Northland Securities analyst G. Gibas expects that the company will earn ($0.15) per share for the year. The consensus estimate for Target Hospitality’s current full-year earnings is ($0.04) per share.
TH has been the topic of a number of other reports. Stifel Nicolaus set a $26.00 target price on shares of Target Hospitality in a report on Thursday, August 27th. Morgan Stanley lifted their price target on shares of Target Hospitality from $22.00 to $25.00 and gave the stock an “overweight” rating in a research report on Monday, September 14th. Weiss Ratings cut Target Hospitality from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday. Deutsche Bank reaffirmed a “buy” rating and issued a $23.00 price target on shares of Target Hospitality in a report on Thursday, August 27th. Finally, Oppenheimer increased their price objective on Target Hospitality from $24.00 to $27.00 and gave the company an “outperform” rating in a research report on Tuesday, September 8th. One equities 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $25.20.
Check Out Our Latest Stock Report on Target Hospitality
Target Hospitality Stock Performance
NASDAQ:TH opened at $11.80 on Thursday. Target Hospitality has a twelve month low of $6.10 and a twelve month high of $21.76. The company has a current ratio of 0.45, a quick ratio of 0.65 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average of $17.06 and a 200-day moving average of $14.86. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -25.65 and a beta of 1.56.
Target Hospitality (NASDAQ:TH – Get Free Report) last issued its quarterly earnings results on Monday, November 9th. The company reported ($0.09) EPS 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 during the quarter, compared to the consensus estimate of $118.35 million.
Insider Transactions at Target Hospitality
In other news, insider Troy C. Schrenk acquired 5,907 shares of Target Hospitality stock in a transaction on Friday, September 18th. The stock was bought at an average cost of $21.16 per share, with a total value of $124,992.12. Following the completion of the purchase, the insider owned 216,995 shares of the company’s stock, valued at $4,591,614.20. This represents a 2.80% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO James Archer bought 27,500 shares of the firm’s stock in a transaction on Wednesday, November 11th. The stock was purchased at an average price of $11.37 per share, with a total value of $312,675.00. Following the completion of the acquisition, the chief executive officer owned 1,872,941 shares of the company’s stock, valued at approximately $21,295,339.17. This trade represents a 1.49% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 46,792 shares of company stock worth $687,833 in the last three months. 3.80% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Target Hospitality in the 2nd quarter valued at approximately $64,312,000. Hsbc Holdings PLC purchased a new position in Target Hospitality during the 2nd quarter worth approximately $1,506,000. Bank of America Corp DE purchased a new position in Target Hospitality during the 2nd quarter worth approximately $7,142,000. Bank of New York Mellon Corp acquired a new stake in Target Hospitality during the 2nd quarter valued at $8,140,000. Finally, Legal & General Group Plc acquired a new stake in Target Hospitality during the 2nd quarter valued at $1,476,000. 32.40% of the stock is owned by hedge funds and other institutional investors.
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.
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