Target Hospitality Corp. (NASDAQ:TH – Get Free Report) has earned an average rating of “Moderate Buy” from the five analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $20.3333.
TH has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Target Hospitality in a report on Monday, June 1st. They issued a “hold” rating and a $22.00 target price on the stock. Wall Street Zen upgraded shares of Target Hospitality from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings reissued a “sell (d)” rating on shares of Target Hospitality in a research report on Wednesday, June 24th. Oppenheimer raised their price target on shares of Target Hospitality from $21.00 to $24.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $15.00 price target (up from $11.00) on shares of Target Hospitality in a research report on Monday, April 6th.
View Our Latest Report on Target Hospitality
Hedge Funds Weigh In On Target Hospitality
Target Hospitality Trading Up 0.2%
Shares of TH stock opened at $16.39 on Tuesday. The business has a 50-day moving average of $18.19 and a 200 day moving average of $12.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.85 and a quick ratio of 0.85. Target Hospitality has a 1-year low of $5.97 and a 1-year high of $20.85. The stock has a market capitalization of $1.64 billion, a PE ratio of -37.25 and a beta of 1.46.
Target Hospitality (NASDAQ:TH – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02). Target Hospitality had a negative return on equity of 11.11% and a negative net margin of 13.47%.The company had revenue of $72.78 million during the quarter, compared to analysts’ expectations of $73.20 million. As a group, sell-side analysts anticipate that Target Hospitality will post -0.19 earnings per share for the current year.
About Target Hospitality
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.
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