Target Hospitality
About: Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Employees: 984
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
251% more call options, than puts
Call options by funds: $37.4M | Put options by funds: $10.6M
33% more capital invested
Capital invested by funds: $207M [Q3] → $275M (+$68.4M) [Q4]
2.32% more ownership
Funds ownership: 26.45% [Q3] → 28.76% (+2.32%) [Q4]
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
2% less funds holding
Funds holding: 129 [Q3] → 127 (-2) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
16%
downside
Avg. target
$10
68%
upside
High target
$15
152%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stifel Stephen Gengaro 36% 1-year accuracy 33 / 91 met price target | 16%downside $5 | Hold Maintained | 26 Feb 2025 |
Northland Capital Markets Greg Gibas 24% 1-year accuracy 5 / 21 met price target | 152%upside $15 | Outperform Upgraded | 29 Jan 2025 |
Financial journalist opinion
Based on 9 articles about TH published over the past 30 days
Neutral
PRNewsWire
1 week ago
Target Hospitality Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule
THE WOODLANDS, Texas , March 12, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will release its fourth quarter and full year 2024 financial results before the market opens on Wednesday, March 26, 2025. The Company has also scheduled a conference call for Wednesday, March 26, 2025, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results.
Neutral
Zacks Investment Research
1 week ago
Target Hospitality to Post Q4 Earnings: What's in Store for the Stock?
TH's fourth-quarter performance is likely to have navigated through volatility arising from contract shifts and cost pressures.
Neutral
PRNewsWire
1 week ago
Arrow Bidco, LLC Announces Redemption of Senior Secured Notes Due 2025
THE WOODLANDS, Texas , March 10, 2025 /PRNewswire/ -- Arrow Bidco, LLC (the "Issuer"), a Delaware limited liability company and an indirect subsidiary of Target Hospitality Corp. ("Target Hospitality", "Target", or the "Company") (NASDAQ: TH), today announced that it issued a notice of redemption (the "Redemption") to redeem all $181.4 million in aggregate principal amount outstanding of its 10.75% senior secured notes due 2025 (the "2025 Notes") on March 25, 2025 (the "Redemption Date"). This announcement does not form part of or constitute a notice of redemption with respect to the 2025 Notes.
Neutral
PRNewsWire
1 week ago
Target Hospitality Announces 5-year Contract Award Reactivating South Texas Assets
THE WOODLANDS, Texas , March 6, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced it has entered into a five-year lease and services agreement with CoreCivic, Inc. ("CoreCivic") to resume operations utilizing the Company's existing assets located in Dilley, Texas ("Dilley Contract"). These assets operated from September 2014 to August 2024 as the South Texas Family Residential Center ("Dilley Facility"), where Target provided facility and hospitality solutions to CoreCivic through a lease and services agreement.
Negative
Zacks Investment Research
2 weeks ago
Earnings Preview: Target Hospitality (TH) Q4 Earnings Expected to Decline
Target Hospitality (TH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Negative
Zacks Investment Research
3 weeks ago
Target Hospitality (TH) Loses -41.46% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Target Hospitality (TH) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Neutral
Seeking Alpha
3 weeks ago
Target Hospitality: Cheap After Contract Loss, But Return To Growth May Take Time
Target Hospitality lost a major contract, causing a significant revenue drop, but remains debt-free with fungible assets and new smaller contracts. The abrupt contract loss impacts 2025 revenue projections, but the company has $177M cash and no debt, suggesting a $527M equity valuation. Modular housing assets can be repurposed, evidenced by a new contract with Ford, though asset sales have shown losses.
Neutral
PRNewsWire
3 weeks ago
Target Hospitality Provides Update on Pecos Children's Center Contract
THE WOODLANDS, Texas , Feb. 24, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, received notice that the U.S. government intends to terminate the existing Pecos Children's Center ("PCC") services agreement with Target's nonprofit partner ("NP Partner"), effective immediately, or on or about February 21, 2025 ("Effective Date"). Target provided facility and hospitality solutions to the NP Partner through a lease and services agreement ("PCC Contract") utilizing Target's owned modular assets and real property, capable of supporting up to 6,000 individuals.
Neutral
PRNewsWire
4 weeks ago
Target Hospitality Announces Multi-Year Workforce Hub Contract Advancing Strategic Diversification and Regional Network Expansion
THE WOODLANDS, Texas , Feb. 18, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced it has entered into a multi-year construction and services agreement ("Workforce Housing Contract") to provide comprehensive facility services and premium hospitality solutions to Lithium Americas Corp. ("Lithium Americas") in support of Lithium Americas development of Thacker Pass ("Thacker Pass Project" or the "Project") and a North American critical minerals supply chain. The all-inclusive workforce housing community, located in Winnemucca, Nevada ("Workforce Hub") is near Thacker Pass, the world's largest known measured lithium resource.
Neutral
PRNewsWire
2 months ago
Target Hospitality Advances Growth Priorities with Strategic Hire
THE WOODLANDS, Texas , Dec. 30, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the hiring of Brendan Dowhaniuk as Executive Vice President of Strategy and Corporate Development. Mr. Dowhaniuk will be responsible for advancing the Company's key strategic priorities, including mergers and acquisitions, and further developing a robust pipeline of growth opportunities.
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