Target Hospitality (TH)

• Market cap: $932M
• 1 day: -1.26%
• 5 days: 8.28%
• 1 month: 9.66%
• 3 months: -1.67%
• 6 months: 27.13%
• Year to date: -4.07%
• 1 year: 3.29%
• 5 years: 99.15%
• 10 years: -3.38%
• Sector: Consumer Discretionary
• Industry: Hotels, Rooming Houses, Camps & Other Lodging Places

About: Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.

Employees: 984

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

313% more call options, than puts

Call options by funds: $21M | Put options by funds: $5.07M

23% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 35

23% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 22

4% more funds holding

Funds holding: 124 [Q2] → 129 (+5) [Q3]

0.62% more ownership

Funds ownership: 25.51% [Q2] → 26.14% (+0.62%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

8% less capital invested

Capital invested by funds: $223M [Q2] → $204M (-$18.6M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $11 17% upside
• Avg. target: $11 17% upside
• High target: $11 17% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Northland Capital Markets Greg Gibas 44% 1-year accuracy 8 / 18 met price target

17% upside $11

Market Perform Maintained

13 Nov 2024