Target Hospitality (TH) Expected to Announce Earnings on Wednesday

Target Hospitality (NASDAQ:TH) is expected to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Target Hospitality to post earnings of $0.07 per share and revenue of $80.10 million for the quarter.

Target Hospitality Trading Up 0.5 %

Shares of TH stock opened at $5.98 on Monday. Target Hospitality has a 1-year low of $4.00 and a 1-year high of $11.84. The company has a market capitalization of $591.67 million, a price-to-earnings ratio of 6.87, a P/E/G ratio of 1.81 and a beta of 2.15. The stock’s fifty day simple moving average is $8.10 and its 200-day simple moving average is $8.47.

Analyst Ratings Changes

TH has been the subject of a number of research reports. Northland Capmk raised Target Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 29th. Stifel Nicolaus reduced their price objective on Target Hospitality from $10.00 to $5.00 and set a “hold” rating for the company in a research report on Wednesday, February 26th. Finally, Northland Securities raised Target Hospitality from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $11.00 to $15.00 in a research report on Wednesday, January 29th.

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.