At the time of writing, Target Hospitality Corp [TH] stock is trading at $9.07, down -2.21%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TH shares have gain 4.55% over the last week, with a monthly amount glided 19.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Stifel downgraded its rating to Hold on April 12, 2024, and dropped its price target to $12. On June 23, 2021, upgrade upgraded it’s rating to Outperform but maintained its price target of $6 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $4.50 on May 27, 2021. Northland Capital downgraded its rating to Market Perform for this stock on April 01, 2020, and downed its price target to $2. In a note dated March 10, 2020, Stifel downgraded an Hold rating on this stock and revised its target price from $11 to $4.
For the past year, the stock price of Target Hospitality Corp fluctuated between $6.11 and $11.84. 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 $9.07 at the most recent close of the market. An investor can expect a potential return of 7.5% based on the average TH price forecast.
Analyzing the TH fundamentals
According to Target Hospitality Corp [NASDAQ:TH], the company’s sales were 428.80M for trailing twelve months, which represents an -34.77% plunge. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.25 and Total Capital is 0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
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 8.68 points at the first support level, and at 8.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.58, and for the 2nd resistance point, it is at 10.08.
Ratios To Look Out For
It is important to note that Target Hospitality Corp [NASDAQ:TH] has a current ratio of 1.01. Also, the Quick Ratio is 1.01, while the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 2.18 and price to earnings (TTM) ratio is 10.42.
