Target Hospitality
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
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
248% more call options, than puts
Call options by funds: $36M | Put options by funds: $10.4M
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
4% more funds holding
Funds holding: 124 [Q2] → 129 (+5) [Q3]
0.89% more ownership
Funds ownership: 25.56% [Q2] → 26.45% (+0.89%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
7% less capital invested
Capital invested by funds: $223M [Q2] → $207M (-$16.6M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$15
55%
upside
Avg. target
$15
55%
upside
High target
$15
55%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Northland Capital Markets Greg Gibas 45% 1-year accuracy 9 / 20 met price target | 55%upside $15 | Outperform Upgraded | 29 Jan 2025 |
Financial journalist opinion
Neutral
PRNewsWire
1 month ago
Target Hospitality Advances Growth Priorities with Strategic Hire
THE WOODLANDS, Texas , Dec. 30, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the hiring of Brendan Dowhaniuk as Executive Vice President of Strategy and Corporate Development. Mr. Dowhaniuk will be responsible for advancing the Company's key strategic priorities, including mergers and acquisitions, and further developing a robust pipeline of growth opportunities.
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy Target Hospitality (TH) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
PRNewsWire
2 months ago
Target Hospitality Announces Pecos Children's Center Contract Extension, Reaffirms 2024 Financial Outlook and Enhances Strategic Capabilities
THE WOODLANDS, Texas , Nov. 18, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the extension and amendment of the Company's Pecos Children's Center ("PCC") contract, reaffirmed its previously announced 2024 financial outlook and enhanced its strategic capabilities. Since 2021, PCC has served as a cornerstone to the U.S. government's critical domestic humanitarian aid mission.
Neutral
Zacks Investment Research
2 months ago
Target Hospitality Q3 Earnings & Revenues Beat Estimates, Fall Y/Y
TH's third-quarter 2024 results are affected by lower PCC minimum lease and variable services revenues, as well as the termination of the STFRC Contract.
Neutral
Seeking Alpha
2 months ago
Target Hospitality Corp. (TH) Q3 2024 Earnings Call Transcript
Target Hospitality Corp. (NASDAQ:TH ) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Mark Schuck - SVP, IR Brad Archer - President and CEO Jason Vlacich - CFO and Chief Accounting Officer Conference Call Participants Alec Scheibelhoffer - Stifel Operator Good morning, ladies and gentlemen. And welcome to the Target Hospitality Third Quarter 2024 Earnings Conference Call.
Neutral
Zacks Investment Research
2 months ago
Here's What Key Metrics Tell Us About Target Hospitality (TH) Q3 Earnings
While the top- and bottom-line numbers for Target Hospitality (TH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
2 months ago
Target Hospitality (TH) Surpasses Q3 Earnings and Revenue Estimates
Target Hospitality (TH) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.43 per share a year ago.
Neutral
PRNewsWire
2 months ago
Target Hospitality Reports Impressive Third Quarter 2024 Results Supported by Strong Business Fundamentals
THE WOODLANDS, Texas , Nov. 12, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months ended September 30, 2024. Financial and Operational Highlights Revenue of $95.2 million for the three months ended September 30, 2024.
Neutral
Zacks Investment Research
2 months ago
Gear Up for Target Hospitality (TH) Q3 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Target Hospitality (TH) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Positive
Zacks Investment Research
2 months ago
Target Hospitality (TH) Surges 5.7%: Is This an Indication of Further Gains?
Target Hospitality (TH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
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