Target Hospitality (TH) Projected to Post Quarterly Earnings on Wednesday

Target Hospitality (NASDAQ:TH) is projected to issue its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $80.10 million for the quarter.

Target Hospitality Stock Performance

Shares of Target Hospitality stock opened at $5.44 on Tuesday. Target Hospitality has a one year low of $4.00 and a one year high of $11.84. The firm has a fifty day moving average of $8.80 and a two-hundred day moving average of $8.71. The company has a market cap of $538.24 million, a P/E ratio of 6.25, a PEG ratio of 1.81 and a beta of 2.15.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Northland Securities upgraded shares of Target Hospitality from a “market perform” rating to an “outperform” rating and increased their price target for the company from $11.00 to $15.00 in a report on Wednesday, January 29th. Oppenheimer reiterated a “market perform” rating on shares of Target Hospitality in a research report on Thursday, November 14th. Stifel Nicolaus decreased their price objective on Target Hospitality from $10.00 to $5.00 and set a “hold” rating on the stock in a report on Wednesday, February 26th. Finally, Northland Capmk raised shares of Target Hospitality from a “hold” rating to a “strong-buy” rating in a research note 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.