Target Stock Today

TH Stock  USD 15.81  0.80  4.82%   

Market Performance

4 of 100

Odds Of Distress

Over 55

Target Hospitality is trading at 15.81 as of the 24th of March 2023. This is a -4.82 percent decrease since the beginning of the trading day. The stock's open price was 16.61. Target Hospitality has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Target Hospitality Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of February 2023 and ending today, the 24th of March 2023. Please note, there could be an existing legal relationship between Target Hospitality Corp (TH) and WILLSCOT MOBILE MINI (EAGL). Click here to learn more.
CUSIP
727653107
Fiscal Year End
December
Business Domain
Consumer Services
IPO Date
25th of July 2013
Category
Industrials
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company was founded in 1978 and is headquartered in The Woodlands, Texas. Target Hospitality operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. The company has 100.96 M outstanding shares of which 6.25 M shares are at this time sold short in the market by investors with about 11.9 days to cover all shorted shares. More on Target Hospitality Corp

Target Hospitality Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Target Hospitality's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Target Hospitality or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityEAGL (WILLSCOT MOBILE MINI)
Chairman of the Board, CEOJames Archer
SEC FilingsTarget Hospitality Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Target Hospitality report their recommendations after researching Target Hospitality's financial statements, talking to executives and customers, or listening in on Target Hospitality's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Target Hospitality Corp. The Target consensus assessment is calculated by taking the average forecast from all of the analysts covering Target Hospitality.
Strong Buy3 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Target Hospitality Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Target Hospitality Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted96.5 M100.1 M
Sufficiently Down
Up
Slightly volatile
Weighted Average Shares94.7 M97.2 M
Fairly Down
Up
Slightly volatile
Return on Average Assets0.120.116
Sufficiently Up
Up
Slightly volatile
Net Cash Flow from Operations329.7 M305.6 M
Significantly Up
Up
Slightly volatile
Current Liabilities206 M190.9 M
Significantly Up
Up
Slightly volatile
Total Liabilities504.9 M570.9 M
Fairly Down
Up
Slightly volatile
Gross Margin0.490.492
Slightly Down
Up
Pretty Stable
Total Debt372.1 M354.7 M
Sufficiently Up
Up
Slightly volatile
Asset Turnover0.750.79
Notably Down
Up
Very volatile
Current Assets255 M236.4 M
Significantly Up
Up
Slightly volatile
Total Assets694.2 M771.7 M
Moderately Down
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Target Hospitality's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Target Hospitality's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Target Hospitality's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Target Hospitality's financial leverage. It provides some insight into what part of Target Hospitality's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Target Hospitality's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Target Hospitality deploys its capital and how much of that capital is borrowed.
Liquidity
Target Hospitality cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 328.85 M of total liabilities with total debt to equity ratio (D/E) of 2.85, which may imply that the company relies heavily on debt financing. Target Hospitality Corp has a current ratio of 1.64, which is generally considered normal. Debt can assist Target Hospitality until it has trouble settling it off, either with new capital or with free cash flow. So, Target Hospitality's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Target Hospitality Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Target to invest in growth at high rates of return. When we think about Target Hospitality's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

329.74 Million
Target Hospitality Corp (TH) is traded on NASDAQ Exchange in USA. It is located in 9320 Lakeside Boulevard, The Woodlands, TX, United States, 77381 and employs 921 people. Target Hospitality is listed under Hotels, Resorts & Cruise Lines category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Target Hospitality's market, we take the total number of its shares issued and multiply it by Target Hospitality's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Target Hospitality Corp is active under Hotels, Restaurants & Leisure sector as part of Consumer Discretionary industry. The entity has 100.96 M outstanding shares of which 6.25 M shares are at this time sold short in the market by investors with about 11.9 days to cover all shorted shares. Target Hospitality Corp reports about 9.7 M in cash with 305.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Target Hospitality Probability Of Bankruptcy
Ownership
Target Hospitality maintains a total of 100.96 Million outstanding shares. The majority of Target Hospitality Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Target Hospitality to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Target Hospitality Corp. Please pay attention to any change in the institutional holdings of Target Hospitality Corp as this could imply that something significant has changed or about to change at the company. Also note that roughly two million nineteen thousand two hundred eighty invesors are currently shorting Target Hospitality expressing very little confidence in its future performance.

Ownership Allocation

Check Target Ownership Details

Target Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Target Hospitality jumping above the current price in 90 days from now is about 56.55%. The Target Hospitality Corp probability density function shows the probability of Target Hospitality stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Target Hospitality has a beta of 0.7008. This usually implies as returns on the market go up, Target Hospitality average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Target Hospitality Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0042, implying that it can generate a 0.004175 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 15.81HorizonTargetOdds Above 15.81
43.25%90 days
 15.81 
56.55%
Based on a normal probability distribution, the odds of Target Hospitality to move above the current price in 90 days from now is about 56.55 (This Target Hospitality Corp probability density function shows the probability of Target Stock to fall within a particular range of prices over 90 days) .

Target Hospitality Historical Income Statement

Target Hospitality Corp Income Statement is one of the three primary financial statements used for reporting Target's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Target Hospitality Corp revenue and expense. Target Hospitality Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Target Hospitality Net Income Common Stock is increasing as compared to previous years. The last year's value of Net Income Common Stock was reported at 73.94 Million. The current Operating Expenses is estimated to increase to about 74 M, while Direct Expenses is projected to decrease to under 217 M. View More Fundamentals

Target Stock Against Markets

Picking the right benchmark for Target Hospitality stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Target Hospitality stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Target Hospitality is critical whether you are bullish or bearish towards Target Hospitality Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Target Hospitality without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Exposure Probability Now

   

Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
All  Next Launch Module

Target Hospitality Corporate Management

Elected by the shareholders, the Target Hospitality's board of directors comprises two types of representatives: Target Hospitality inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Target. The board's role is to monitor Target Hospitality's management team and ensure that shareholders' interests are well served. Target Hospitality's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Target Hospitality's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Target Stock?

Before investing in Target Hospitality, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Target Hospitality. To buy Target Hospitality stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Target Hospitality. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Target Hospitality stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Target Hospitality Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Target Hospitality Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Target Hospitality Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Target Stock please use our How to Invest in Target Hospitality guide.

Already Invested in Target Hospitality Corp?

The danger of trading Target Hospitality Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Target Hospitality is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Target Hospitality. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Target Hospitality Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map. For more detail on how to invest in Target Stock please use our How to Invest in Target Hospitality guide. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Target Stock analysis

When running Target Hospitality Corp 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 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.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
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
10.832
Earnings Share
0.76
Revenue Per Share
5.164
Quarterly Revenue Growth
0.866
Return On Assets
0.1698
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 Target Hospitality value 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.