Target Hospitality (TH)

• Market cap: $672M
• 1 day: 3.19%
• 5 days: 2.41%
• 1 month: 22.34%
• 3 months: -29.93%
• 6 months: -10.19%
• Year to date: -29.93%
• 1 year: -36.66%
• 5 years: 365.07%
• 10 years: -31.07%
• Sector: Consumer Discretionary
• Industry: Hotels, Rooming Houses, Camps & Other Lodging Places

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

251% more call options, than puts

Call options by funds: $37.4M | Put options by funds: $10.6M

33% more capital invested

Capital invested by funds: $207M [Q3] → $275M (+$68.4M) [Q4]

2.32% more ownership

Funds ownership: 26.45% [Q3] → 28.76% (+2.32%) [Q4]

0% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 31

2% less funds holding

Funds holding: 129 [Q3] → 127 (-2) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 40

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

Research analyst outlook

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

• Low target: $7.50 10% upside
• Avg. target: $11.25 66% upside
• High target: $15 121% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Stifel Stephen Gengaro 41% 1-year accuracy 37 / 91 met price target	10% upside $7.50	Hold Maintained	31 Mar 2025
Northland Capital Markets Greg Gibas 25% 1-year accuracy 5 / 20 met price target	121% upside $15	Outperform Upgraded	29 Jan 2025