In last trading session, Target Hospitality Corp (NASDAQ:TH) saw 1.49 million shares changing hands with its beta currently measuring 1.80. Company’s recent per share price level of $5.61 trading at $0.21 or 3.89% at ring of the bell on the day assigns it a market valuation of $555.06M. That closing price of TH’s stock is at a discount of -111.05% from its 52-week high price of $11.84 and is indicating a premium of 28.7% from its 52-week low price of $4.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.97 million shares which gives us an average trading volume of 846.01K if we extend that period to 3-months.
For Target Hospitality Corp (TH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.07 in the current quarter.
Target Hospitality Corp (NASDAQ:TH) trade information
Upright in the green during last session for gaining 3.89%, in the last five days TH remained trading in the green while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $5.61 price level, adding 11.23% to its value on the day. Target Hospitality Corp’s shares saw a change of -41.96% in year-to-date performance and have moved 1.26% in past 5-day. Target Hospitality Corp (NASDAQ:TH) showed a performance of -39.15% in past 30-days. Number of shares sold short was 1.91 million shares which calculate 1.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 9.75 to the stock, which implies a rise of 42.46% to its current value. Analysts have been projecting 9.5 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would drop -69.34% in reaching the projected high whereas dropping to the targeted low would mean a loss of -69.34% for stock’s current value.
Target Hospitality Corp (TH) estimates and forecasts
This year revenue growth is estimated to fall -32.10% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 80.1M for the same. And 3 analysts are in estimates of company making revenue of 75.37M in the next quarter. Company posted 126.22M and 106.67M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 67.10% during past 5 years.
Target Hospitality Corp (NASDAQ:TH)’s Major holders
Insiders are in possession of 4.42% of company’s total shares while institution are holding 94.32 percent of that, with stock having share float percentage of 98.68%. Investors also watch the number of corporate investors in a company very closely, which is 94.32% institutions for Target Hospitality Corp that are currently holding shares of the company. PRIVATE CAPITAL MANAGEMENT, LLC is the top institutional holder at TH for having 5.38 million shares of worth $46.83 million. And as of 2024-06-30, it was holding 5.3627 of the company’s outstanding shares.
The second largest institutional holder is CONVERSANT CAPITAL LLC, which was holding about 4.54 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5253 of outstanding shares, having a total worth of $39.52 million.
