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

11.41USD-0.10 (-0.87%)Market Closed

Market Summary

USD11.41-0.10

Market Closed

-0.87%

TH Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

TH Stock Price

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TH RSI Chart

TH Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

7.61

Price/Sales (Trailing)

2.19

EV/EBITDA

4.15

Price/Free Cashflow

5.93

TH Price/Sales (Trailing)

TH Profitability

EBT Margin

37.37%

Return on Equity

40.01%

Return on Assets

21.87%

Free Cashflow Yield

16.86%

TH Fundamentals

TH Revenue

Revenue (TTM)

522.5M

Rev. Growth (Yr)

-27.84%

Rev. Growth (Qtr)

-15.49%

TH Earnings

Earnings (TTM)

150.3M

Earnings Growth (Yr)

-53.49%

Earnings Growth (Qtr)

-46.14%

Breaking Down TH Revenue

Last 7 days

-1.4%

Last 30 days

7.2%

Last 90 days

19.4%

Trailing 12 Months

-28.6%

How does TH drawdown profile look like?

TH Financial Health

Current Ratio

2.78

Debt/Equity

1.12

Debt/Cashflow

0.46

TH Investor Care

Buy Backs (1Y)

1.08%

Diluted EPS (TTM)

1.37

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	522.5M	0	0	0
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

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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
May 16, 2024	JANE STREET GROUP, LLC	reduced	-11.03	-3,953	650,069	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.59	23,617	381,983	-%
May 15, 2024	BOOTHBAY FUND MANAGEMENT, LLC	reduced	-64.43	-1,230,930	811,826	0.02%
May 15, 2024	LMR Partners LLP	unchanged	-	92,850	885,329	0.01%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-81.02	-455,820	122,668	-%
May 15, 2024	Royal Bank of Canada	reduced	-69.45	-85,000	44,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-40.5	-449,907	891,850	-%
May 15, 2024	CITADEL ADVISORS LLC	added	18.85	233,587	946,212	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	new	-	22.00	22.00	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	added	14.68	431,042	1,964,300	-%

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
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
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

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	103.3B	18.9B	3.89%	17.13%	27.92	5.46	7.08%	13.46%
CTAS	70.2B	9.4B	3.55%	46.60%	46.72	7.46	9.34%	15.98%
CPRT	52.4B	4.1B	0.93%	23.38%	38.65	12.91	10.52%	25.37%
EFX	30.8B	5.4B	4.69%	18.29%	55.13	5.75	5.76%	-4.95%
BAH	19.8B	10.3B	8.58%	63.14%	48.27	1.91	13.90%	-5.05%
ALLE	10.9B	3.6B	-1.06%	12.63%	20.13	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	2.28%	3.37%	21.08	1.21	-13.83%	-42.32%
AL	5.5B	2.7B	1.27%	26.05%	9.4	2.02	15.08%	16.51%
SRCL	4.3B	2.6B	-4.39%	7.90%	-221.54	1.64	-3.11%	-123.81%
ABM	3.0B	8.2B	7.93%	6.44%	11.58	0.36	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	1.35%	107.67%	18.93	0.71	104.63%	188.16%
ALTG	285.4M	1.9B	-26.28%	-43.39%	32.07	0.15	15.20%	-4.30%
ARC	118.7M	283.1M	3.77%	-7.09%	13.57	0.42	-0.83%	-20.92%
AQMS	48.7M	212.0K	-14.00%	-58.65%	-1.94	213.63	-40.62%	-60.52%
AWX	9.4M	81.0M	4.35%	-6.98%	-8.5	0.12	-4.98%	-14.33%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-15.5%	107	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
Gross Profit	-21.2%	49.00	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
S&GA Expenses	21.8%	15.00	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
EBITDA Margin	-2.7%	0.47*	0.48*	0.45*	0.38*	0.33*	0.25*	0.19*	0.16*	0.10*	0.05*	-0.02*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	6.6%	-4.59	-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
Income Taxes	-42.1%	6.00	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
Earnings Before Taxes	-45.2%	27.00	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
EBT Margin	-6.3%	0.37*	0.40*	0.37*	0.32*	0.28*	0.21*	0.15*	0.12*	0.04*	-0.01*	-0.08*	-	-	-	-	-	-	-	-	-	-
Net Income	-46.1%	20.00	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
Net Income Margin	-6.7%	0.29*	0.31*	0.28*	0.23*	0.21*	0.15*	0.10*	0.09*	0.03*	-0.02*	-0.06*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	32.1%	51.00	38.00	34.00	41.00	-0.09	33.00	247	13.00	-45.20	-9.47	25.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.0%	687	694	697	666	650	772	730	547	493	513	530	514	522	534	551	364	593	534	608	609	585
Current Assets	3.1%	186	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
Cash Equivalents	19.6%	124	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
Net PPE	-1.7%	343	349	360	366	370	357	348	291	282	292	294	300	302	311	323	336	347	354	354	339	305
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	41.00	7.00	34.00
Liabilities	-1.7%	312	317	358	376	408	571	584	422	394	416	437	428	436	435	444	473	467	480	473	485	469
Current Liabilities	-5.0%	67.00	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
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	422	410	411	381
LT Debt, Current	-	-	-	208	207	207	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-0.5%	376	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
Retained Earnings	7.8%	281	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
Additional Paid-In Capital	-0.5%	142	142	141	139	137	139	116	114	110	110	109	108	107	107	106	105	104	103	102	102	102
Shares Outstanding	-1.5%	100	102	102	102	101	100	97.00	97.00	97.00	97.00	97.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	32.1%	50,591	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
Share Based Compensation	199.1%	2,748	-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	-22.7%	-8,918	-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
Cashflow From Financing	33.8%	-21,296	-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
Buy Backs	-	21,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,318	13,282	-	-	-

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TH Income Statement

2024-03-31

Unaudited Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Revenue	$ 72,398	$ 94,836
Total revenue	106,672	147,819
Costs:
Depreciation of specialty rental assets	14,781	17,597
Gross profit	49,068	81,963
Selling, general and administrative	14,855	15,199
Other depreciation and amortization	3,885	3,803
Other expense (income), net	(110)	1,004
Operating income	30,438	61,957
Loss on extinguishment of debt		2,128
Interest expense, net	4,587	7,498
Change in fair value of warrant liabilities	(675)	(3,711)
Income before income tax	26,526	56,042
Income tax expense	6,143	12,217
Net income	20,383	43,825
Change in fair value of warrant liabilities		(3,711)
Net income attributable to common stockholders - diluted	20,383	40,114
Other comprehensive loss
Foreign currency translation	(20)	(21)
Comprehensive income	$ 20,363	$ 43,804
Two Class Method:
Weighted average number shares outstanding - basic (in shares)	100,657,706	100,643,271
Weighted average number shares outstanding - diluted (in shares)	102,362,542	106,257,448
Net income per share - basic (in dollars per share)	$ 0.20	$ 0.44
Net income per share - diluted (in dollars per share)	$ 0.20	$ 0.38
Services
Revenue:
Revenue	$ 72,398	$ 94,836
Costs:
Costs	36,915	39,700
Specialty rental
Revenue:
Revenue, subject to ASC 840	34,274	52,983
Costs:
Costs	$ 5,908	$ 8,559

TH Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 124,302	$ 103,929
Accounts receivable, less allowance for credit losses of $593 and $550, respectively	53,839	67,092
Prepaid expenses and other assets	7,927	9,479
Total current assets	186,068	180,500
Specialty rental assets, net	342,985	349,064
Other property, plant and equipment, net	35,102	34,631
Operating lease right-of-use assets, net	16,495	19,698
Goodwill	41,038	41,038
Other intangible assets, net	62,919	66,282
Deferred financing costs revolver, net	2,328	2,479
Other non-current assets	234	661
Total assets	687,169	694,353
Current liabilities:
Accounts payable	17,275	20,926
Accrued liabilities	35,932	33,652
Deferred revenue and customer deposits	1,794	1,794
Current portion of operating lease obligations	10,240	11,914
Current portion of finance lease and other financing obligations (Note 8)	1,574	1,369
Current warrant liabilities		675
Total current liabilities	66,815	70,330
Long-term debt (Note 8):
Principal amount	181,446	181,446
Less: unamortized original issue discount	(2,202)	(2,619)
Less: unamortized term loan deferred financing costs	(617)	(734)
Long-term debt, net	178,627	178,093
Long-term finance lease and other financing obligations	1,270	1,024
Long-term operating lease obligations	7,025	8,426
Deferred revenue and customer deposits	3,227	3,675
Deferred tax liability	52,200	53,074
Asset retirement obligations	2,471	2,424
Total liabilities	311,635	317,046
Commitments and contingencies (Note 12)
Stockholders' equity:
Common Stock, $0.0001 par, 400,000,000 authorized, 111,810,528 issued and 100,105,423 outstanding as of March 31, 2024 and 111,091,266 issued and 101,660,601 outstanding as of December 31, 2023.	10	10
Common Stock in treasury at cost, 11,705,105 shares as of March 31, 2024 and 9,430,665 shares as of December 31, 2023.	(44,930)	(23,559)
Additional paid-in-capital	141,614	142,379
Accumulated other comprehensive loss	(2,658)	(2,638)
Accumulated earnings	281,498	261,115
Total stockholders' equity	375,534	377,307
Total liabilities and stockholders' equity	$ 687,169	$ 694,353

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 Fri May 17 2024, market cap of Target Hospitality Corp is 1.14 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 Fri May 17 2024, TH's PE ratio (Price to Earnings) is 7.61 and Price to Sales (PS) ratio is 2.19. 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.