TH - Target Hospitality Corp Stock Price, Fair Value and News

11.01USD+0.20 (+1.85%)Market Closed

Market Summary

USD11.01+0.20

Market Closed

1.85%

TH Stock Price

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TH RSI Chart

TH Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

6.37

Price/Sales (Trailing)

1.96

EV/EBITDA

3.68

Price/Free Cashflow

7.06

TH Price/Sales (Trailing)

TH Profitability

EBT Margin

39.88%

Return on Equity

46.04%

Return on Assets

25.02%

Free Cashflow Yield

14.17%

TH Fundamentals

TH Revenue

Revenue (TTM)

563.6M

Rev. Growth (Yr)

-17.2%

Rev. Growth (Qtr)

-13.51%

TH Earnings

Earnings (TTM)

173.7M

Earnings Growth (Yr)

19.86%

Earnings Growth (Qtr)

-16.97%

Breaking Down TH Revenue

Last 7 days

2.7%

Last 30 days

21.2%

Last 90 days

14.2%

Trailing 12 Months

-16.8%

How does TH drawdown profile look like?

TH Financial Health

Current Ratio

2.57

Debt/Equity

1.12

Debt/Cashflow

0.37

TH Investor Care

Shares Dilution (1Y)

4.53%

Diluted EPS (TTM)

1.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	569.5M	603.5M	589.8M	563.6M
2022	326.2M	360.8M	431.2M	502.0M
2021	199.0M	220.4M	261.3M	291.3M
2020	310.8M	283.0M	249.7M	225.1M
2019	283.9M	319.8M	341.1M	321.1M
2018	160.8M	187.4M	214.0M	240.6M
2017	0	0	0	134.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Target Hospitality Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 12, 2024	vlacich jason paul	acquired	97,282	1.79	54,348	cfo & cao
Apr 12, 2024	vlacich jason paul	back to issuer	-582,067	10.71	-54,348	cfo & cao
Apr 09, 2024	schrenk troy c.	back to issuer	-1,184,780	10.9	-108,695	sevp, operations & cco
Apr 09, 2024	schrenk troy c.	acquired	194,564	1.79	108,695	sevp, operations & cco
Apr 09, 2024	lewis heidi diane	acquired	97,282	1.79	54,348	evp, general counsel & sec
Apr 09, 2024	lewis heidi diane	back to issuer	-592,393	10.9	-54,348	evp, general counsel & sec
Apr 04, 2024	archer james b.	acquired	389,753	1.79	217,739	president, ceo, and director
Apr 04, 2024	archer james b.	back to issuer	-2,375,530	10.91	-217,739	president, ceo, and director
Mar 04, 2024	vlacich jason paul	acquired	-	-	5,353	cfo & cao
Mar 04, 2024	lewis heidi diane	sold (taxes)	-11,818	9.07	-1,303	evp, general counsel & sec

Which funds bought or sold TH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-76.17	-32,000	11,000	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-19.00	-	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-100,909	159,650	-%
Apr 19, 2024	Lifestyle Asset Management, Inc.	sold off	-100	-107,293	-	-%
Apr 19, 2024	DENALI ADVISORS LLC	added	106	119,416	210,878	0.06%
Apr 16, 2024	SummerHaven Investment Management, LLC	added	1.75	76,172	633,351	0.40%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-9.51	4,611	426,115	0.01%
Apr 11, 2024	Crestmont Private Wealth LLC	unchanged	-	52,668	502,194	0.25%
Apr 05, 2024	CWM, LLC	reduced	-70.83	-	-	-%
Apr 05, 2024	GAMMA Investing LLC	new	-	1,370	1,370	-%

Are Funds Buying or Selling TH?

Are funds buying TH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TH

No. of Funds

Unveiling Target Hospitality Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 26, 2024	conversant capital llc	5.0%	5,042,960	SC 13G
Mar 25, 2024	tdr capital ii investments lp	64.3%	64,602,717	SC 13D/A
Feb 05, 2024	private capital management, llc	5.84%	5,933,303	SC 13G/A
Feb 10, 2023	private capital management, llc	6.02%	5,857,347	SC 13G/A
Feb 04, 2022	private capital management, llc	5.17%	5,259,772	SC 13G
Mar 30, 2021	dale manjit	63.2%	64,788,220	SC 13D/A
Nov 05, 2020	tdr capital ii investments lp	63.2%	64,788,220	SC 13D/A
Feb 14, 2020	deutsche bank ag\	0.22%	225,000	SC 13G/A
Feb 14, 2020	governors lane lp	0%	0	SC 13G/A

Recent SEC filings of Target Hospitality Corp

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	ARS	ARS
Apr 10, 2024	DEF 14A	DEF 14A
Apr 10, 2024	DEFA14A	DEFA14A
Apr 05, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Target Hospitality Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.3B	18.6B	-0.31%	14.56%	28.48	5.45	7.76%	13.08%
CTAS	67.4B	9.4B	4.21%	45.50%	44.82	7.16	9.34%	15.98%
CPRT	52.8B	4.1B	-5.42%	38.27%	38.94	13.01	10.52%	25.37%
EFX	27.9B	5.4B	-15.03%	11.71%	50.04	5.21	5.76%	-4.95%
BAH	18.7B	10.3B	-1.12%	51.29%	45.77	1.81	13.90%	-5.05%
ALLE	11.1B	3.7B	-5.34%	23.09%	20.5	3.03	11.58%	17.98%
MID-CAP
RHI	7.5B	6.4B	-10.08%	-1.85%	18.3	1.18	-11.68%	-37.51%
AL	5.7B	2.7B	5.63%	30.86%	9.21	2.11	15.87%	733.47%
SRCL	4.7B	2.7B	-3.97%	19.05%	-218.73	1.75	-1.68%	-137.70%
ABM	2.8B	8.2B	2.27%	6.00%	10.95	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	6.33%	110.13%	21.53	0.69	104.63%	175.67%
ALTG	384.5M	1.9B	-7.84%	-16.60%	43.2	0.2	19.40%	-4.30%
ARC	114.6M	281.2M	1.12%	-11.48%	13.92	0.41	-1.68%	-25.77%
AQMS	58.2M	1.1M	8.33%	-54.78%	-2.43	49.78	336.95%	-55.13%
AWX	8.8M	80.5M	-6.61%	-18.12%	-4.9	0.11	-0.82%	-207.00%

Target Hospitality Corp News

Latest updates

Target Hospitality Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-13.5%	126	146	144	148	152	160	110	80.00	82.00	89.00	75.00	45.00	52.00	48.00	54.00	72.00	76.00	82.00	81.00	82.00	96.00
Gross Profit	-28.3%	62.00	87.00	82.00	82.00	84.00	83.00	53.00	28.00	29.00	34.00	27.00	11.00	10.00	12.00	8.00	27.00	32.00	39.00	39.00	38.00	26.00
S&GA Expenses	-20.1%	12.00	15.00	13.00	15.00	16.00	19.00	11.00	12.00	11.00	13.00	12.00	11.00	10.00	9.00	10.00	10.00	10.00	11.00	11.00	45.00	6.00
EBITDA Margin	7.0%	0.48*	0.45*	0.38*	0.33*	0.25*	0.19*	0.16*	0.10*	0.05*	-0.02*	-0.12*	-0.22*	-0.10*	-	-	-	-	-	-	-	-
Interest Expenses	0.8%	-4.91	-4.95	-5.28	-7.50	-8.20	-8.89	-9.67	-9.57	-9.65	-9.46	-9.74	-9.85	-9.92	-9.91	-10.18	-10.02	-9.35	-10.17	-9.85	-4.03	-35.28
Income Taxes	-27.8%	11.00	15.00	14.00	12.00	13.00	12.00	6.00	1.00	2.00	2.00	-0.06	-1.46	-3.25	-2.99	-2.43	0.00	2.00	3.00	4.00	-1.90	9.00
Earnings Before Taxes	-19.6%	48.00	60.00	60.00	56.00	45.00	31.00	29.00	2.00	5.00	8.00	-0.97	-14.60	-12.58	-10.59	-16.10	6.00	5.00	19.00	12.00	-16.33	13.00
EBT Margin	6.4%	0.40*	0.37*	0.32*	0.28*	0.21*	0.15*	0.12*	0.04*	-0.01*	-0.08*	-0.18*	-0.27*	-0.15*	-	-	-	-	-	-	-	-
Net Income	-17.0%	38.00	46.00	46.00	44.00	32.00	19.00	23.00	0.00	3.00	7.00	-0.91	-13.14	-9.31	-7.60	-13.67	5.00	3.00	15.00	8.00	-14.48	4.00
Net Income Margin	8.6%	0.31*	0.28*	0.23*	0.21*	0.15*	0.10*	0.09*	0.03*	-0.02*	-0.06*	-0.14*	-0.22*	-0.11*	-	-	-	-	-	-	-	-
Free Cashflow	-20.6%	38.00	48.00	56.00	15.00	48.00	261	27.00	-30.58	5.00	40.00	67.00	-8.00	18.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.3%	694	697	666	650	772	730	547	493	513	530	514	522	534	551	364	593	534	608	609	585	565
Current Assets	5.2%	181	172	130	103	236	228	94.00	55.00	61.00	70.00	42.00	44.00	44.00	48.00	69.00	63.00	61.00	56.00	66.00	83.00	75.00
Cash Equivalents	-1.1%	104	105	70.00	42.00	182	177	10.00	6.00	23.00	31.00	6.00	6.00	7.00	9.00	20.00	8.00	7.00	4.00	10.00	23.00	12.00
Net PPE	-3.1%	349	360	366	370	357	348	291	282	292	294	300	302	311	323	336	347	354	354	339	305	294
Goodwill	0%	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	41.00	7.00	34.00	34.00
Liabilities	-11.5%	317	358	376	408	571	584	422	394	416	437	428	436	435	444	473	467	480	473	485	469	216
Current Liabilities	-76.1%	70.00	294	323	366	191	202	56.00	33.00	73.00	95.00	77.00	33.00	46.00	33.00	54.00	46.00	61.00	59.00	65.00	80.00	65.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	422	410	411	381	21.00
LT Debt, Current	-100.0%	-	208	207	207	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	11.5%	377	338	290	242	201	146	125	98.00	97.00	93.00	86.00	86.00	99.00	107	114	127	121	135	124	116	349
Retained Earnings	16.9%	261	223	178	131	88.00	56.00	37.00	14.00	14.00	11.00	4.00	5.00	18.00	28.00	35.00	49.00	43.00	40.00	25.00	17.00	31.00
Additional Paid-In Capital	0.9%	142	141	139	137	139	116	114	110	110	109	108	107	107	106	105	104	103	102	102	102	320
Shares Outstanding	0%	102	102	102	101	100	97.00	97.00	97.00	97.00	97.00	96.00	96.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	445	-	-	-	159	-	-	-	100	-	-	-	54.00	-	-	-	315	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-20.6%	38,289	48,237	55,746	14,529	47,789	261,190	27,213	-30,580	5,152	40,006	67,440	-7,999	18,189	3,233	14,808	10,551	16,418	25,301	25,521	-6,745	10,283
Share Based Compensation	-157.4%	-2,774	4,835	3,467	5,646	5,573	8,442	1,890	3,337	1,484	1,362	1,477	761	784	886	1,052	884	-	-	-	-	-
Cashflow From Investing	40.0%	-7,271	-12,118	-20,346	-28,445	-36,571	-72,893	-27,929	-2,835	-11,907	-9,797	-11,009	-3,202	-661	1,473	-1,616	-10,145	-9,573	-27,276	-61,834	-14,022	41,512
Cashflow From Financing	-5337.8%	-32,192	-592	-8,260	-125,325	-6,535	-20,989	4,595	15,831	-479	-6,017	-56,363	10,588	-19,656	-15,586	-770	329	-3,675	-5,096	23,730	31,693	-52,008
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,318	13,282	-	-	-	-

TH Income Statement

2023-12-31

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Revenue	$ 365,627	$ 333,702	$ 214,427
Total revenue	563,608	501,985	291,337
Costs:
Depreciation of specialty rental assets	68,626	52,833	53,609
Gross profit	313,324	247,128	101,350
Selling, general and administrative	56,126	57,893	46,461
Other depreciation and amortization	15,351	14,832	16,910
Other expense, net	1,241	36	880
Operating income	240,606	174,367	37,099
Loss on extinguishment of debt	2,279	0	0
Interest expense, net	22,639	36,323	38,704
Change in fair value of warrant liabilities	(9,062)	31,735	1,067
Income (loss) before income tax	224,750	106,309	(2,672)
Income tax expense	51,050	32,370	1,904
Net income (loss)	173,700	73,939	(4,576)
Change in fair value of warrant liabilities	(9,062)
Net income (loss) attributable to common stockholders - diluted	164,638	73,939	(4,576)
Other comprehensive income (loss)
Foreign currency translation	(64)	(112)	(28)
Comprehensive income (loss)	$ 173,636	$ 73,827	$ (4,604)
Two Class Method:
Weighted average number shares outstanding - basic (in shares)	101,350,910	97,213,166	96,611,022
Weighted average number shares outstanding - diluted (in shares)	105,319,405	100,057,748	96,611,022
Net income (loss) per share - basic (in dollars per share)	$ 1.71	$ 0.76	$ (0.05)
Net income (loss) per share - diluted (in dollars per share)	$ 1.56	$ 0.74	$ (0.05)
Services
Revenue:
Revenue	$ 365,627	$ 333,702	$ 203,134
Costs:
Costs	151,574	174,200	120,192
Specialty rental
Revenue:
Revenue, subject to ASC 840	197,981	168,283	76,909
Costs:
Costs	$ 30,084	$ 27,824	16,186
Construction fee
Revenue:
Revenue			$ 11,294

TH Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 103,929	$ 181,673
Accounts receivable, less allowance for credit losses of $550 and $4, respectively	67,092	42,153
Prepaid expenses and other assets	9,479	12,553
Total current assets	180,500	236,379
Specialty rental assets, net	349,064	357,129
Other property, plant and equipment, net	34,631	31,898
Operating lease right-of-use assets, net	19,698	27,298
Goodwill	41,038	41,038
Other intangible assets, net	66,282	75,182
Deferred financing costs revolver, net	2,479	896
Other non-current assets	661	1,907
Total assets	694,353	771,727
Current liabilities:
Accounts payable	20,926	17,563
Accrued liabilities	33,652	39,642
Deferred revenue and customer deposits	1,794	120,040
Current portion of operating lease obligations	11,914	12,516
Current portion of finance lease and other financing obligations (Note 8)	1,369	1,135
Current warrant liabilities	675
Total current liabilities	70,330	190,896
Long-term debt (Note 8):
Principal amount	181,446	334,500
Less: unamortized original issue discount	(2,619)	(971)
Less: unamortized term loan deferred financing costs	(734)	(4,681)
Long-term debt, net	178,093	328,848
Long-term finance lease and other financing obligations	1,024	1,088
Long-term operating lease obligations	8,426	11,104
Other non-current liabilities		6,309
Deferred revenue and customer deposits	3,675	5,479
Deferred tax liability	53,074	15,172
Asset retirement obligations	2,424	2,247
Warrant liabilities		9,737
Total liabilities	317,046	570,880
Commitments and contingencies (Note 12)
Stockholders' equity:
Common Stock, $0.0001 par, 400,000,000 authorized, 111,091,266 issued and 101,660,601 outstanding as of December 31, 2023 and 109,747,366 issued and 100,316,701 outstanding as of December 31, 2022.	10	10
Common Stock in treasury at cost, 9,430,665 shares as of December 31, 2023 and as of December 31, 2022.	(23,559)	(23,559)
Additional paid-in-capital	142,379	139,287
Accumulated other comprehensive loss	(2,638)	(2,574)
Accumulated earnings	261,115	87,683
Total stockholders' equity	377,307	200,847
Total liabilities and stockholders' equity	$ 694,353	$ 771,727

About Target Hospitality Corp

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through four segments: Hospitality & Facilities Services - South, Hospitality & Facilities Services - Midwest, Government, and TCPL Keystone. 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, workforce community management, concierge, and laundry services. It serves the U.S. government, government contractors, investment grade natural resource development companies, and energy infrastructure companies. Target Hospitality Corp. was founded in 1978 and is headquartered in The Woodlands, Texas.

CEO	Mr. James Bradley Archer
WEBSITE	targethospitality.com
INDUSTRY	Information Technology Services
EMPLOYEES	921

Target Hospitality Corp Frequently Asked Questions

What is the ticker symbol for Target Hospitality Corp? What does TH stand for in stocks?

TH is the stock ticker symbol of Target Hospitality Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Target Hospitality Corp (TH)?

As of Tue Apr 23 2024, market cap of Target Hospitality Corp is 1.09 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TH stock?

You can check TH's fair value in chart for subscribers.

What is the fair value of TH stock?

You can check TH's fair value in chart for subscribers. The fair value of Target Hospitality Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Target Hospitality Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Target Hospitality Corp a good stock to buy?

The fair value guage provides a quick view whether TH is over valued or under valued. Whether Target Hospitality Corp is cheap or expensive depends on the assumptions which impact Target Hospitality Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TH.

What is Target Hospitality Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, TH's PE ratio (Price to Earnings) is 6.26 and Price to Sales (PS) ratio is 1.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TH PE ratio will change depending on the future growth rate expectations of investors.