An Important Check-Up On Target Hospitality Corp (NASDAQ: TH)

Target Hospitality Corp (TH) concluded trading on Wednesday at a closing price of $9.72, with 0.46 million shares of worth about $4.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.50% during that period and on January 08, 2025 the price saw a gain of about 2.59%. Currently the company’s common shares owned by public are about 100.30M shares, out of which, 32.21M shares are available for trading.

Stock saw a price change of 0.57% in past 5 days and over the past one month there was a price change of 19.12%. Year-to-date (YTD), TH shares are showing a performance of 0.57% which increased to 3.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.11 but also hit the highest price of $11.84 during that period. The average intraday trading volume for Target Hospitality Corp shares is 437.07K. The stock is currently trading 3.44% above its 20-day simple moving average (SMA20), while that difference is up 10.73% for SMA50 and it goes to 3.25% higher than SMA200.

Target Hospitality Corp (NASDAQ: TH) currently have 100.30M outstanding shares and institutions hold larger chunk of about 27.19% of that.

The stock has a current market capitalization of $961.71M and its 3Y-monthly beta is at 2.09. PE ratio of stock for trailing 12 months is 11.16, while it has posted earnings per share of $0.87 in the same period. Its PEG reads 0.74 and has Quick Ratio of 1.01 while making debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TH, volatility over the week remained 3.12% while standing at 4.37% over the month.

Stock’s fiscal year EPS is expected to drop by -57.26% while it is estimated to decrease by -46.50% in next year. EPS is likely to shrink at an annualized rate of 15.00% for next 5-years, compared to annual growth of 67.10% made by the stock over the past 5-years.

Coverage by Stifel stated Target Hospitality Corp (TH) stock as a Hold in their note to investors on April 12, 2024, suggesting a price target of $12 for the stock. On June 23, 2021, Oppenheimer Upgrade their recommendations, while on May 27, 2021, Stifel Upgrade their ratings for the stock with a price target of $4.50. Stock get an Outperform rating from Northland Capital on April 19, 2021.

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