Northland Capmk Brokers Raise Earnings Estimates for TH

Target Hospitality Corp. (NASDAQ:TH) – Stock analysts at Northland Capmk increased their Q1 2025 earnings estimates for Target Hospitality in a research note issued to investors on Thursday, March 27th. Northland Capmk analyst G. Gibas now forecasts that the company will post earnings of ($0.02) per share for the quarter, up from their prior forecast of ($0.03). Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Target Hospitality’s current full-year earnings is $0.65 per share. Northland Capmk also issued estimates for Target Hospitality’s Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.10) EPS and FY2025 earnings at ($0.30) EPS.

Target Hospitality (NASDAQ:TH) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.06. Target Hospitality had a return on equity of 22.80% and a net margin of 20.84%. The firm had revenue of $83.70 million for the quarter, compared to analyst estimates of $80.10 million. During the same quarter in the previous year, the firm earned $0.29 EPS. The business’s quarterly revenue was down 33.7% on a year-over-year basis.

A number of other brokerages have also recently issued reports on TH. Northland Securities raised shares of Target Hospitality from a “market perform” rating to an “outperform” rating and upped their target price for the company from $11.00 to $15.00 in a report on Wednesday, January 29th. Stifel Nicolaus dropped their price objective on Target Hospitality from $10.00 to $5.00 and set a “hold” rating on the stock in a research note on Wednesday, February 26th.

Target Hospitality Trading Down 1.2 %

NASDAQ TH opened at $6.64 on Monday. The firm’s fifty day moving average price is $7.71 and its two-hundred day moving average price is $8.34. Target Hospitality has a 1 year low of $4.00 and a 1 year high of $11.84. The firm has a market capitalization of $656.97 million, a P/E ratio of 7.63, a price-to-earnings-growth ratio of 1.81 and a beta of 2.15.

Hedge Funds Weigh In On Target Hospitality

Several large investors have recently modified their holdings of the stock. AlphaQuest LLC grew its stake in Target Hospitality by 275.9% in the 4th quarter. AlphaQuest LLC now owns 4,578 shares of the company’s stock valued at $44,000 after buying an additional 3,360 shares during the last quarter. Maridea Wealth Management LLC acquired a new position in shares of Target Hospitality in the fourth quarter valued at approximately $103,000. Two Sigma Advisers LP bought a new position in shares of Target Hospitality during the fourth quarter worth approximately $105,000. Intech Investment Management LLC bought a new position in shares of Target Hospitality during the third quarter worth approximately $87,000. Finally, XTX Topco Ltd acquired a new stake in Target Hospitality during the 4th quarter worth approximately $113,000. 32.40% of the stock is owned by institutional investors.

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.