Northland Capmk Issues Negative Forecast for TH Earnings

Target Hospitality Corp. (NASDAQ:TH) – Equities researchers at Northland Capmk cut their Q1 2025 earnings estimates for Target Hospitality in a research note issued to investors on Tuesday, November 19th. Northland Capmk analyst G. Gibas now expects that the company will post earnings of $0.08 per share for the quarter, down from their prior estimate of $0.09. The consensus estimate for Target Hospitality’s current full-year earnings is $0.66 per share. Northland Capmk also issued estimates for Target Hospitality’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.35 EPS.

Other equities research analysts have also recently issued research reports about the stock. Northland Securities boosted their target price on shares of Target Hospitality from $9.00 to $11.00 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Oppenheimer reaffirmed a “market perform” rating on shares of Target Hospitality in a research report on Thursday, November 14th.

Target Hospitality Price Performance

NASDAQ:TH opened at $8.59 on Wednesday. The firm’s fifty day moving average price is $8.28 and its two-hundred day moving average price is $9.21. The company has a market cap of $862.70 million, a P/E ratio of 9.87, a P/E/G ratio of 0.92 and a beta of 2.09. Target Hospitality has a one year low of $6.11 and a one year high of $11.84.

Institutional Trading of Target Hospitality

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its holdings in shares of Target Hospitality by 39.7% in the 2nd quarter. American Century Companies Inc. now owns 397,324 shares of the company’s stock worth $3,461,000 after purchasing an additional 112,833 shares in the last quarter. Denali Advisors LLC increased its position in shares of Target Hospitality by 856.2% during the 2nd quarter. Denali Advisors LLC now owns 185,500 shares of the company’s stock valued at $1,616,000 after purchasing an additional 166,100 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Target Hospitality by 10.1% in the 1st quarter. BNP Paribas Financial Markets now owns 45,231 shares of the company’s stock worth $492,000 after acquiring an additional 4,161 shares during the last quarter. LB Partners LLC increased its holdings in Target Hospitality by 300.3% in the 3rd quarter. LB Partners LLC now owns 536,428 shares of the company’s stock worth $4,173,000 after acquiring an additional 402,428 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its holdings in Target Hospitality by 347.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 17,128 shares of the company’s stock worth $186,000 after acquiring an additional 13,301 shares during the last quarter. Institutional investors and hedge funds own 32.40% of the company’s stock.

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.