Northland Capmk Has Bullish Outlook for TH FY2026 Earnings

Target Hospitality Corp. (NASDAQ:TH) – Equities researchers at Northland Capmk raised their FY2026 earnings estimates for Target Hospitality in a report released on Thursday, December 4th. Northland Capmk analyst G. Gibas now expects that the company will post earnings per share of ($0.19) for the year, up from their previous forecast of ($0.22). 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, beating analysts’ consensus estimates of ($0.04) by $0.03. The company had revenue of $99.36 million for the quarter, compared to analyst estimates of $85.30 million. Target Hospitality had a negative net margin of 3.08% and a negative return on equity of 1.78%.

Several other analysts also recently weighed in on TH. Stifel Nicolaus upgraded Target Hospitality from a “hold” rating to a “buy” rating and raised their target price for the company from $7.50 to $11.00 in a research note on Tuesday, August 19th. Wall Street Zen raised Target Hospitality from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Target Hospitality in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Target Hospitality presently has an average rating of “Moderate Buy” and an average price target of $13.00.

Target Hospitality Stock Performance

Target Hospitality stock opened at $8.24 on Monday. Target Hospitality has a 12-month low of $4.00 and a 12-month high of $11.10. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market capitalization of $822.19 million, a price-to-earnings ratio of -74.90 and a beta of 1.32. The firm’s fifty day moving average price is $7.35 and its 200 day moving average price is $7.71.

Institutional Investors Weigh In On Target Hospitality

Several hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its position in Target Hospitality by 1.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 280,627 shares of the company’s stock worth $1,847,000 after buying an additional 3,070 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Target Hospitality by 7.1% in the 1st quarter. Deutsche Bank AG now owns 41,403 shares of the company’s stock worth $272,000 after acquiring an additional 2,741 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Target Hospitality by 78.2% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 73,835 shares of the company’s stock worth $486,000 after purchasing an additional 32,393 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Target Hospitality by 10.1% during the 1st quarter. Invesco Ltd. now owns 50,074 shares of the company’s stock worth $329,000 after purchasing an additional 4,607 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Target Hospitality during the first quarter valued at approximately $577,000. Institutional investors own 32.40% of the company’s stock.

Insider Transactions at Target Hospitality

In related news, EVP Troy C. Schrenk sold 49,344 shares of the company’s stock in a transaction on Thursday, September 18th. The shares were 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 of the company’s stock, valued at approximately $1,497,664.74. This represents a 22.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Heidi Diane Lewis sold 9,000 shares of Target Hospitality stock in a transaction on Monday, November 17th. The stock was sold at an average price of $6.70, for a total transaction of $60,300.00. Following the completion of the transaction, the executive vice president owned 154,198 shares in the company, valued at $1,033,126.60. This trade represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 79,600 shares of company stock worth $654,231. 68.00% of the stock is owned by insiders.

About Target Hospitality

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.