Target Hospitality (TH) Expected to Announce Earnings on Wednesday

Target Hospitality (NASDAQ:TH) is expected to be issuing its quarterly earnings data 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 2.2 %

Shares of NASDAQ:TH opened at $6.11 on Tuesday. The firm has a market cap of $604.53 million, a price-to-earnings ratio of 7.02, a PEG ratio of 1.81 and a beta of 2.15. Target Hospitality has a 12-month low of $4.00 and a 12-month high of $11.84. The stock’s 50-day moving average price is $8.03 and its two-hundred day moving average price is $8.44.

Analyst Ratings Changes

A number of equities analysts have weighed in on TH shares. Stifel Nicolaus decreased their price target on shares of Target Hospitality from $10.00 to $5.00 and set a “hold” rating on the stock in a report on Wednesday, February 26th. Northland Capmk raised Target Hospitality from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 29th. Finally, Northland Securities raised Target Hospitality from a “market perform” rating to an “outperform” rating and upped their target price for the stock 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.