Northland Capmk Brokers Lower Earnings Estimates for TH

Target Hospitality Corp. (NASDAQ:TH) – Equities researchers at Northland Capmk dropped their Q1 2025 earnings per share estimates for Target Hospitality in a research report issued to clients and investors on Tuesday, November 19th. Northland Capmk analyst G. Gibas now forecasts that the company will earn $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.

TH has been the topic of several other research reports. Northland Securities boosted 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. Oppenheimer reissued a “market perform” rating on shares of Target Hospitality in a research note on Thursday, November 14th.

Target Hospitality Price Performance

NASDAQ:TH 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 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. The stock’s 50 day simple moving average is $8.30 and its two-hundred day simple moving average is $9.21.

Institutional Trading of Target Hospitality

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its position 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 worth $3,461,000 after purchasing an additional 112,833 shares during the last quarter. Denali Advisors LLC lifted its holdings in 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 buying an additional 166,100 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Target Hospitality by 10.1% during the 1st 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 in the last quarter. LB Partners LLC boosted its position in Target Hospitality by 300.3% in the 3rd 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 grew its stake 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 in the last quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.