Currently, there are 100.30M common shares owned by the public and among those 32.32M shares have been available to trade.
The company’s stock has a 5-day price change of -45.17% and -40.45% over the past three months. TH shares are trading -47.75% year to date (YTD), with the 12-month market performance down to -46.56% lower. It has a 12-month low price of $6.11 and touched a high of $11.84 over the same period. TH has an average intraday trading volume of 485.23K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -45.30%, -46.79%, and -45.16% respectively.
Institutional ownership of Target Hospitality Corp (NASDAQ: TH) shares accounts for 29.57% of the company’s 100.30M shares outstanding.
It has a market capitalization of $499.65M and a beta (3y monthly) value of 2.09. The stock’s trailing 12-month PE ratio is 5.80, while the earnings-per-share (ttm) stands at $0.87. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.90% over the week and 6.25% over the month.
Earnings per share for the fiscal year are expected to decrease by -57.26%, and -45.50% over the next financial year.
Looking at the support for the TH, a number of firms have released research notes about the stock. Northland Capital stated their Outperform rating for the stock in a research note on January 29, 2025, with the firm’s price target at $15. Stifel was of a view on April 12, 2024 that the stock is Hold, while Oppenheimer gave the stock Outperform rating on June 23, 2021, issuing a price target of $6. Stifel on their part issued Buy rating on May 27, 2021.
