Northland Capmk Issues Negative Estimate for TH Earnings

Target Hospitality Corp. (NASDAQ:TH) – Stock analysts at Northland Capmk cut their Q1 2025 EPS estimates for shares of Target Hospitality in a research note issued to investors on Tuesday, November 19th. Northland Capmk analyst G. Gibas now forecasts that the company will post earnings per share of $0.08 for the quarter, down from their prior forecast 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.

Several other brokerages have also recently weighed in on TH. Oppenheimer reiterated a “market perform” rating on shares of Target Hospitality in a research note on Thursday, November 14th. Northland Securities increased their price target on shares of Target Hospitality from $9.00 to $11.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th.

Target Hospitality Stock Performance

TH stock opened at $8.48 on Wednesday. The company has a market cap of $851.65 million, a price-to-earnings ratio of 9.75, a P/E/G ratio of 0.92 and a beta of 2.09. The business’s 50-day moving average is $8.30 and its two-hundred day moving average is $9.21. Target Hospitality has a fifty-two week low of $6.11 and a fifty-two week high of $11.84.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Covestor Ltd lifted its stake in shares of Target Hospitality by 13.9% during the 1st quarter. Covestor Ltd now owns 8,925 shares of the company’s stock valued at $97,000 after buying an additional 1,092 shares in the last quarter. SummerHaven Investment Management LLC raised its holdings in Target Hospitality by 2.3% during the second quarter. SummerHaven Investment Management LLC now owns 59,584 shares of the company’s stock valued at $519,000 after acquiring an additional 1,318 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Target Hospitality by 11.9% in the second quarter. The Manufacturers Life Insurance Company now owns 14,480 shares of the company’s stock valued at $126,000 after acquiring an additional 1,540 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Target Hospitality by 5.9% in the second quarter. Rhumbline Advisers now owns 46,867 shares of the company’s stock worth $408,000 after acquiring an additional 2,613 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of Target Hospitality by 13.3% during the second quarter. Principal Financial Group Inc. now owns 30,221 shares of the company’s stock worth $263,000 after purchasing an additional 3,556 shares in the last quarter. Institutional investors own 32.40% of the company’s stock.

Target Hospitality Company Profile

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.