Northland Capmk Has Strong Forecast for TH FY2026 Earnings

Target Hospitality Corp. (NASDAQ:TH) – Equities researchers at Northland Capmk raised their FY2026 earnings estimates for shares of Target Hospitality in a research report issued to clients and investors on Tuesday, November 18th. Northland Capmk analyst G. Gibas now anticipates that the company will earn ($0.22) per share for the year, up from their previous forecast of ($0.27). The consensus estimate for Target Hospitality’s current full-year earnings is $0.65 per share.

Target Hospitality (NASDAQ:TH) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.03. The company had revenue of $99.36 million for the quarter, compared to the consensus estimate of $85.30 million. Target Hospitality had a negative net margin of 3.08% and a negative return on equity of 1.78%. Target Hospitality has set its FY 2025 guidance at EPS.

TH has been the subject of a number of other research reports. Stifel Nicolaus upgraded Target Hospitality from a “hold” rating to a “buy” rating and raised their price objective for the stock from $7.50 to $11.00 in a research report on Tuesday, August 19th. Wall Street Zen raised Target Hospitality from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Target Hospitality in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Target Hospitality presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.

Target Hospitality Stock Up 1.3%

TH stock opened at $7.00 on Thursday. Target Hospitality has a twelve month low of $4.00 and a twelve month high of $11.10. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.01. The company has a market cap of $698.46 million, a PE ratio of -63.63 and a beta of 1.82. The business’s 50-day simple moving average is $7.56 and its 200 day simple moving average is $7.65.

Insider Buying and Selling at Target Hospitality

In other news, EVP Heidi Diane Lewis sold 9,000 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $6.70, for a total value of $60,300.00. Following the sale, the executive vice president owned 154,198 shares in the company, valued at approximately $1,033,126.60. The trade was a 5.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Troy C. Schrenk sold 49,344 shares of the company’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $8.58, for a total transaction of $423,371.52. Following the completion of the sale, the executive vice president directly owned 174,553 shares in the company, valued at approximately $1,497,664.74. The trade was a 22.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,600 shares of company stock worth $654,231 over the last three months. Company insiders own 68.00% of the company’s stock.

Institutional Trading of Target Hospitality

Several large investors have recently added to or reduced their stakes in TH. AdvisorNet Financial Inc increased its holdings in shares of Target Hospitality by 1,305.4% during the second quarter. AdvisorNet Financial Inc now owns 4,160 shares of the company’s stock worth $30,000 after buying an additional 3,864 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Target Hospitality by 121.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,494 shares of the company’s stock worth $38,000 after acquiring an additional 2,465 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Target Hospitality during the 3rd quarter worth approximately $44,000. Tripletail Wealth Management LLC bought a new stake in Target Hospitality during the 3rd quarter worth approximately $55,000. Finally, FourThought Financial Partners LLC acquired a new stake in Target Hospitality during the 3rd quarter valued at $95,000. 32.40% of the stock is owned by institutional investors.

Target Hospitality Company Profile

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services – South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services.