Target Hospitality Corp Stock Z Score
| TH Stock | USD 10.90 0.02 0.18% |
Target | Z Score |
Target Hospitality Corp Company Z Score Analysis
Target Hospitality's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Target Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Target Hospitality is extremely important. It helps to project a fair market value of Target Stock properly, considering its historical fundamentals such as Z Score. Since Target Hospitality's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Target Hospitality's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Target Hospitality's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, Target Hospitality Corp has a Z Score of 0.0. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Target Hospitality Institutional Holders
Institutional Holdings refers to the ownership stake in Target Hospitality that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Target Hospitality's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Target Hospitality's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 701.7 K | State Street Corporation | 2023-12-31 | 652.9 K | Renaissance Technologies Corp | 2023-12-31 | 605.4 K | Kent Lake Capital Llc | 2023-12-31 | 500 K | Yarra Square Partners Lp | 2023-12-31 | 444.2 K | Hudson Bay Capital Management Lp | 2023-12-31 | 357.7 K | Northern Trust Corp | 2023-12-31 | 332.5 K | Goldman Sachs Group Inc | 2023-12-31 | 275.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 269.2 K | Private Capital Management, Llc | 2023-12-31 | 5.6 M | Conversant Capital Llc | 2023-12-31 | 4.7 M |
Target Fundamentals
| Return On Equity | 0.6 | ||||
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 1.19 B | ||||
| Shares Outstanding | 99.69 M | ||||
| Shares Owned By Insiders | 4.11 % | ||||
| Shares Owned By Institutions | 98.07 % | ||||
| Number Of Shares Shorted | 1.24 M | ||||
| Price To Earning | 28.06 X | ||||
| Price To Book | 2.83 X | ||||
| Price To Sales | 1.89 X | ||||
| Revenue | 563.61 M | ||||
| Gross Profit | 299.96 M | ||||
| EBITDA | 332.28 M | ||||
| Net Income | 164.64 M | ||||
| Cash And Equivalents | 9.7 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 200.83 M | ||||
| Debt To Equity | 2.85 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 3.71 X | ||||
| Cash Flow From Operations | 151.61 M | ||||
| Short Ratio | 1.39 X | ||||
| Earnings Per Share | 1.56 X | ||||
| Price To Earnings To Growth | 1.25 X | ||||
| Target Price | 12.67 | ||||
| Number Of Employees | 984 | ||||
| Beta | 2.1 | ||||
| Market Capitalization | 1.08 B | ||||
| Total Asset | 710.35 M | ||||
| Retained Earnings | 261.12 M | ||||
| Working Capital | 110.17 M | ||||
| Net Asset | 710.35 M |
About Target Hospitality Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Target Hospitality Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Target Hospitality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Target Hospitality Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Target Hospitality Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Target Hospitality's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Target Hospitality Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Target Hospitality Corp Stock:Check out Target Hospitality Piotroski F Score and Target Hospitality Valuation analysis. Note that the Target Hospitality Corp information on this page should be used as a complementary analysis to other Target Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Target Stock analysis
When running Target Hospitality's price analysis, check to measure Target Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target Hospitality is operating at the current time. Most of Target Hospitality's value examination focuses on studying past and present price action to predict the probability of Target Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target Hospitality's price. Additionally, you may evaluate how the addition of Target Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Target Hospitality's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target Hospitality. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Earnings Share 1.56 | Revenue Per Share 5.561 | Quarterly Revenue Growth (0.17) | Return On Assets 0.2094 |
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.