Target Hospitality Corp [TH] stock prices are up 2.12% to $8.68 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TH shares have gain 17.14% over the last week, with a monthly amount drifted -23.05%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Target Hospitality Corp [NASDAQ: TH] stock has seen the most recent analyst activity on April 12, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $12 from $13. Previously, Oppenheimer upgraded its rating to Outperform on June 23, 2021, and kept the price target unchanged to $6. On May 27, 2021, upgrade upgraded it’s rating to Buy and revised its price target to $4.50 on the stock. Northland Capital downgraded its rating to a Market Perform and reduced its price target to $2 on April 01, 2020. Stifel downgraded its rating to Hold for this stock on March 10, 2020, and downed its price target to $4. In a note dated February 28, 2020, Deutsche Bank downgraded an Hold rating on this stock.
The stock price of Target Hospitality Corp [TH] has been fluctuating between $6.11 and $16.73 over the past year. Currently, Wall Street analysts expect the stock to reach $9.75 within the next 12 months. Target Hospitality Corp [NASDAQ: TH] shares were valued at $8.68 at the most recent close of the market. An investor can expect a potential return of 12.33% based on the average TH price forecast.
Analyzing the TH fundamentals
The Target Hospitality Corp [NASDAQ:TH] reported sales of 522.46M for trailing twelve months, representing a drop of -27.84%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.44 and Total Capital is 0.34. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.52 points at the first support level, and at 8.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.78, and for the 2nd resistance point, it is at 8.88.
Ratios To Look Out For
It’s worth pointing out that Target Hospitality Corp [NASDAQ:TH]’s Current Ratio is 2.78. As well, the Quick Ratio is 2.78, while the Cash Ratio is 1.86. Considering the valuation of this stock, the price to sales ratio is 1.67, the price to book ratio is 2.31 and price to earnings (TTM) ratio is 6.35.
Transactions by insiders
Recent insider trading involved Kalamaras Eric, Chief Financial Officer, that happened on Oct 10 ’23 when 2456.0 shares were sold. Chief Commercial Officer, Schrenk Troy C. completed a deal on Oct 03 ’23 to sell 4901.0 shares. Meanwhile, Chief Financial Officer Kalamaras Eric sold 442.0 shares on Oct 03 ’23.
