The price-to-earnings ratio for Target Hospitality Corp (NASDAQ: TH) is above average at 6.75x, Company’s 36-month beta value is 2.10.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for TH is 31.70M, and currently, short sellers hold a 5.42% ratio of that floaft. The average trading volume of TH on November 01, 2024 was 377.90K shares.
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TH) stock’s latest price update
The stock price of Target Hospitality Corp (NASDAQ: TH) has jumped by 0.13 compared to previous close of 7.46. Despite this, the company has seen a fall of -0.40% in its stock price over the last five trading days. businesswire.com reported 2024-10-14 that NEW YORK–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”) announces its investigation of American Oncology Network, Inc. (f/k/a Digital Transformation Opportunities Corp.) (AONC) Target Hospitality Corp. (Nasdaq: TH) (f/k/a Platinum Eagle Acquisition Corp) concerning the Company and its directors’ and officers’ possible violations of state laws. If you own Target Hospitality stock, would like to learn more about these claims, or have any questions concerning this announcement or your r.
TH’s Market Performance
Target Hospitality Corp (TH) has experienced a -0.40% fall in stock performance for the past week, with a -3.24% drop in the past month, and a -14.14% drop in the past quarter. The volatility ratio for the week is 2.83%, and the volatility levels for the past 30 days are at 2.50% for TH. The simple moving average for the past 20 days is -1.21% for TH’s stock, with a -21.28% simple moving average for the past 200 days.
Analysts’ Opinion of TH
Many brokerage firms have already submitted their reports for TH stocks, with Stifel repeating the rating for TH by listing it as a “Hold.” The predicted price for TH in the upcoming period, according to Stifel is $12 based on the research report published on April 12, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see TH reach a price target of $6. The rating they have provided for TH stocks is “Outperform” according to the report published on June 23rd, 2021.
Stifel gave a rating of “Buy” to TH, setting the target price at $4.50 in the report published on May 27th of the previous year.
TH Trading at -12.43% from the 50-Day Moving Average
After a stumble in the market that brought TH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.37% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.83%, as shares sank -3.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.76% lower at present.
During the last 5 trading sessions, TH fell by -0.07%, which changed the moving average for the period of 200-days by -19.15% in comparison to the 20-day moving average, which settled at $7.56. In addition, Target Hospitality Corp saw -23.23% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TH
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.49 for the gross margin
The net margin for Target Hospitality Corp stands at 0.25. The total capital return value is set at 0.39. Equity return is now at value 33.44, with 16.87 for asset returns.
Based on Target Hospitality Corp (TH), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.88. The debt to equity ratio resting at 0.5. The interest coverage ratio of the stock is 8.05.
Currently, EBITDA for the company is 332.28 million with net debt to EBITDA at 0.16. When we switch over and look at the enterprise to sales, we see a ratio of 1.65. The receivables turnover for the company is 9.84for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
In a nutshell, Target Hospitality Corp (TH) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
