Target Hospitality Corp.

TH

US87615L1070

Hotels, Motels & Cruise Lines

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-23 pm EDT			5-day change	1st Jan Change
11.26 ^USD	-1.31%		-3.51%	+15.72%

May. 08	Target Hospitality Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 08	Target Hospitality Shares Rise After Company Posts Forecast-Beating Q1 Results	MT

Target Hospitality Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 08, 2024 at 03:53 pm EDT

Target Hospitality Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 34.27 million compared to USD 52.98 million a year ago.

Revenue was USD 106.67 million compared to USD 147.82 million a year ago. Net income was USD 20.38 million compared to USD 43.83 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to USD 0.44 a year ago.

Diluted earnings per share from continuing operations was USD 0.2 compared to USD 0.38 a year ago.

Latest news about Target Hospitality Corp.

Target Hospitality Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Target Hospitality Shares Rise After Company Posts Forecast-Beating Q1 Results	May. 08	MT
Transcript : Target Hospitality Corp., Q1 2024 Earnings Call, May 08, 2024	May. 08
Earnings Flash (TH) TARGET HOSPITALITY Posts Q1 Revenue $106.7M	May. 08	MT
Target Hospitality Corp. Reiterates Earnings Guidance for the Year 2024	May. 08	CI
Stifel Downgrades Target Hospitality to Hold From Buy, Adjusts Price Target to $12 From $13	Apr. 12	MT
Deals of the day-Mergers and acquisitions	Mar. 25	RE
Sector Update: Consumer Stocks Lower in Late Afternoon Trading	Mar. 25	MT
Sector Update: Consumer Stocks Sliding in Afternoon Trading	Mar. 25	MT
Sector Update: Consumer	Mar. 25	MT
Target Hospitality Shares Jump After Receiving Buyout Offer from TDR Capital Affiliate	Mar. 25	MT
Oppenheimer Cuts Target Hospitality's Price Target to $10 From $12, Maintains Outperform Rating	Mar. 25	MT
Target Hospitality Shares Jump Pre-Bell After Receiving Buyout Offer from TDR Capital Affiliate	Mar. 25	MT
Target Hospitality Shares Rise Pre-Bell After Getting Buyout Offer from TDR Capital	Mar. 25	MT
Arrow offers to buy remaining stake Target Hospitality	Mar. 25	RE
TDR CAPITAL: ARROW SAYS WILL SIGN DEBT COMMITMENTS PRIOR TO SIGN…	Mar. 25	RE
Arrow Holdings S.à r.l. made a non-binding proposal to acquire remaining 51.2797% stake in Target Hospitality Corp. (NasdaqCM:TH) from TDR Capital and Others for approximately $560 million.	Mar. 24	CI
Stifel Trims Price Target on Target Hospitality to $13 From $14, Keeps Buy Rating	Mar. 14	MT
Tranche Update on Target Hospitality Corp. (NasdaqCM:TH)'s Equity Buyback Plan announced on November 9, 2022.	Mar. 13	CI
Transcript : Target Hospitality Corp., Q4 2023 Earnings Call, Mar 13, 2024	Mar. 13
Target Hospitality Corp. Reiterates Earnings Guidance for the Year 2024	Mar. 13	CI
Target Hospitality Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI
Target Hospitality Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 13	CI
Earnings Flash (TH) TARGET HOSPITALITY Reports Q4 Revenue $126.2M	Mar. 13	MT
North American Morning Briefing : Stock Futures -2-	Mar. 13	DJ

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Company Profile

Target Hospitality Corp. offers vertically integrated specialty rental and hospitality services companies in North America. The Company operates through three segments: HFS - South, Government, and All Other. HFS - South Segment operations consist primarily of specialty rental and vertically integrated hospitality services revenue from customers in the natural resources and development industry located primarily in Texas and New Mexico. Government Segment operations consist primarily of specialty rental and vertically integrated hospitality services revenue from customers with government contracts located in Texas. All Other Segment operations consist primarily of revenue from specialty rental and vertically integrated hospitality services revenue from customers primarily in the natural resources and development industry located outside the HFS - South segment. The Company provides specialty rental accommodations, culinary services, and hospitality solutions.

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-08-06 - Q2 2024 Earnings Release (Projected)

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Ratings for Target Hospitality Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

11.26 USD

Average target price

12 USD

Spread / Average Target

+6.57%

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Quarterly earnings - Rate of surprise

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Sector Other Hotels, Motels & Cruise Lines

	1st Jan change	Capi.
TARGET HOSPITALITY CORP.	+15.72%	1.14B
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