Target Hospitality Corp (NASDAQ: TH) is -39.47% lower on its value in year-to-date trading and has touched a low of $4.00 and a high of $11.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TH stock was last observed hovering at around $5.89 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $5.85, the stock is -22.11% and -34.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing -0.68% at the moment leaves the stock -34.60% off its SMA200. TH registered -34.93% loss for a year compared to 6-month loss of -40.43%.
The stock witnessed a -36.48% gain in the last 1 month and extending the period to 3 months gives it a -25.48%, and is 4.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.56% over the week and 7.80% over the month.
Target Hospitality Corp (TH) has around 984 employees, a market worth around $578.81M and $428.80M in sales. Current P/E ratio is 6.72. Profit margin for the company is 20.84%. Distance from 52-week low is 46.25% and -50.59% from its 52-week high. The company has generated returns on investments over the last 12 months (21.04%).
with sales reaching $80.1M over the same period.The EPS is expected to shrink by -57.69% this year, but quarterly earnings will post -32.10% year-over-year. Quarterly sales are estimated to shrink -36.54% in year-over-year returns.
Target Hospitality Corp (TH) Top Institutional Holders
The shares outstanding are 100.30M, and float is at 32.06M with Short Float at 4.98%.
The top institutional shareholder in the company is PRIVATE CAPITAL MANAGEMENT, LLC with over 5.38 million shares valued at $46.83 million. The investor’s holdings represent 5.3627% of the TH Shares outstanding. As of 2024-06-30, the second largest holder is CONVERSANT CAPITAL LLC with 4.54 million shares valued at $39.52 million to account for 4.5253 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.33 million shares representing 2.318% and valued at over $20.32 million, while VANGUARD GROUP INC holds 1.8122 of the shares totaling 1.82 million with a market value of $15.89 million.
Target Hospitality Corp (TH) Insider Activity
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