Northland Capmk Issues Negative Outlook for TH Earnings

Target Hospitality Corp. (NASDAQ:TH) – Equities researchers at Northland Capmk lowered their Q1 2025 earnings per share (EPS) estimates for shares of Target Hospitality in a research report issued 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 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.

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

Target Hospitality Price Performance

NASDAQ:TH opened at $8.59 on Wednesday. The business has a 50 day moving average of $8.28 and a 200 day moving average of $9.21. The company has a market capitalization of $862.70 million, a price-to-earnings ratio of 9.87, a PEG ratio of 0.92 and a beta of 2.09. Target Hospitality has a 1-year low of $6.11 and a 1-year high of $11.84.

Hedge Funds Weigh In On Target Hospitality

A number of large investors have recently bought and sold shares of TH. American Century Companies Inc. increased its stake in shares of Target Hospitality by 39.7% during the second quarter. American Century Companies Inc. now owns 397,324 shares of the company’s stock valued at $3,461,000 after buying an additional 112,833 shares during the period. Denali Advisors LLC increased its stake in shares of Target Hospitality by 856.2% during the second quarter. Denali Advisors LLC now owns 185,500 shares of the company’s stock valued at $1,616,000 after buying an additional 166,100 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Target Hospitality by 10.1% during the first quarter. BNP Paribas Financial Markets now owns 45,231 shares of the company’s stock valued at $492,000 after buying an additional 4,161 shares during the period. LB Partners LLC increased its stake in shares of Target Hospitality by 300.3% during the third quarter. LB Partners LLC now owns 536,428 shares of the company’s stock valued at $4,173,000 after buying an additional 402,428 shares during the period. Finally, CANADA LIFE ASSURANCE Co increased its stake in shares of Target Hospitality by 347.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 17,128 shares of the company’s stock valued at $186,000 after buying an additional 13,301 shares during the period. 32.40% of the stock is owned by hedge funds and other 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.