Target Hospitality (NASDAQ:TH) Shares Down 7.6% – Time to Sell?

Posted by Brian Himes on Sep 30th, 2026

Target Hospitality Corp. (NASDAQ:TH – Get Free Report) shares fell 7.6% during mid-day trading on Monday. The stock traded as low as $19.15 and last traded at $19.02. Approximately 709,526 shares were traded during mid-day trading, a decline of 41% from the average session volume of 1,198,929 shares. The stock had previously closed at $20.58.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Stifel Nicolaus set a $26.00 target price on shares of Target Hospitality in a research report on Thursday, August 27th. Weiss Ratings raised shares of Target Hospitality from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $23.00 price target on shares of Target Hospitality in a research note on Thursday, August 27th. Morgan Stanley boosted their price objective on Target Hospitality from $22.00 to $25.00 and gave the company an “overweight” rating in a report on Monday, September 14th. Finally, Oppenheimer upped their price objective on Target Hospitality from $24.00 to $27.00 and gave the company an “outperform” rating in a research note on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.20.

Check Out Our Latest Stock Analysis on Target Hospitality

Target Hospitality Trading Down 0.1%

The stock has a market cap of $1.92 billion, a price-to-earnings ratio of -50.74 and a beta of 1.51. The business’s fifty day simple moving average is $17.94 and its 200 day simple moving average is $16.56. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.65 and a quick ratio of 0.65.

Target Hospitality (NASDAQ:TH – Get Free Report) last issued its earnings results on Monday, August 10th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.02. Target Hospitality had a negative net margin of 10.85% and a negative return on equity of 9.80%. The company had revenue of $85.45 million for the quarter, compared to analysts’ expectations of $79.30 million. On average, research analysts predict that Target Hospitality Corp. will post -0.05 EPS for the current year.

Insider Activity

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TH. WINTON GROUP Ltd bought a new position in Target Hospitality during the 2nd quarter worth $1,498,000. HighTower Advisors LLC lifted its stake in Target Hospitality by 14.9% in the second quarter. HighTower Advisors LLC now owns 1,842,267 shares of the company’s stock valued at $37,509,000 after buying an additional 238,280 shares during the last quarter. AXQ Capital LP acquired a new position in shares of Target Hospitality during the second quarter valued at $471,000. Senator Investment Group LP bought a new position in shares of Target Hospitality during the second quarter worth about $28,491,000. Finally, Moore Capital Management LP bought a new position in shares of Target Hospitality during the second quarter worth about $509,000. Institutional investors and hedge funds own 32.40% of the company’s stock.

About Target Hospitality

(Get Free Report)

Target Hospitality Corp. (NASDAQ: TH) provides specialty hospitality and workforce accommodation services in North America. The company supports organizations that require temporary or long-term housing and related services in remote, industrial, government, and other challenging operating environments.

Its offerings include modular and prefabricated accommodations, lodging management, food and catering services, housekeeping, maintenance, transportation, security, and other on-site support.