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Target Hospitality Corp (NASDAQ: TH) |
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Price: $9.9800
$-0.38 
-3.668%
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| Day's High:
| $10.28
| Week Perf:
| -6.29 %
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| Day's Low: |
$ 9.81 |
30 Day Perf: |
5.94 % |
| Volume (M): |
438 |
52 Wk High: |
$ 11.84 |
| Volume (M$): |
$ 4,375 |
52 Wk Avg: |
$9.43 |
| Open: |
$10.28 |
52 Wk Low: |
$6.11 |
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| Market Capitalization (Millions $) |
1,011 |
| Shares
Outstanding (Millions) |
101 |
| Employees |
984 |
| Revenues (TTM) (Millions $) |
429 |
| Net Income (TTM) (Millions $) |
97 |
| Cash Flow (TTM) (Millions $) |
73 |
| Capital Exp. (TTM) (Millions $) |
0 |
Target Hospitality Corp
Target Hospitality Corp is a leading provider of temporary and permanent workforce housing solutions in the United States. The company specializes in offering turnkey accommodation, hospitality, and ancillary services to companies operating in industries such as energy, government, and infrastructure.
As of 2021, the company operates 16 communities across the US, providing a comfortable and secure living environment for workers. Target Hospitality also offers additional amenities, including daily meals, laundry services, recreational facilities, and transportation services.
The workforce housing solutions provided by Target Hospitality are designed with the comfort and safety of the workers in mind. The company provides a wide range of housing options, including basic bunkhouses, hotel-style rooms, and luxury apartments, and the communities are equipped with state-of-the-art security systems to ensure the safety of the residents.
In addition to the living accommodations, Target Hospitality also offers a range of hospitality and ancillary services. These include housekeeping, maintenance, catering, and waste management. The company places a strong emphasis on sustainability and has implemented a number of green initiatives across its facilities, including renewable energy solutions and water conservation programs.
Target Hospitality has a strong reputation in the industry for its high-quality services and commitment to customer satisfaction. The company has received several awards and recognitions, including being named the Best Workforce Housing Provider in North America by Corporate Vision Magazine in 2021.
Overall, Target Hospitality is a leading provider of workforce housing solutions, offering a comprehensive range of services designed to meet the needs of companies operating in a variety of industries.
Company Address: 9320 Lakeside Boulevard, Suite 300 The Woodlands 77381 TX
Company Phone Number: 832-4242 Stock Exchange / Ticker: NASDAQ TH
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| Stock Performances by Major Competitors |
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| Target Hospitality Corp
As a financial journalist for The CSIMarket.com, I have been closely following the recent financial results of Target Hospitality Corp in the fiscal first quarter of 2024. The numbers have painted a challenging picture for the company, with income per share plummeting by -47.37% to $0.20 per share compared to $0.38 a year ago. Additionally, profit took a hit, dropping by -40.42% from $0.34 per share in the previous reporting period.
The revenue for Target Hospitality Corp also experienced a significant decline, falling by -27.836% to $106.67 million from $147.82 million in the comparable period a year ago. Sequentially, revenue also decreased by -15.487% from $126.22 million. These results come at a time when other companies in the Hotels & Tourism industry are reporting revenue rises in the first quarter of 2024.
Looking at the company's profitability, operating margin mitigated to 28.53% and the net margin shrank to 19.11%. Operating earnings fell by -50.87% to $30.438 million, squeezing Target Hospitality Corp's operating margin to 28.53%, from 41.91% in the first quarter of 2023.
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| Target Hospitality Corp
Target Hospitality Corp, a prominent supplier of integrated modular accommodations and hospitality services in North America, continues to make strides in the industry. The company recently announced the addition of John C. Dorman to its Board of Directors, a move that aims to strengthen the leadership team and drive further growth in the market. With a solid reputation and a commitment to delivering exceptional quality and customer satisfaction, Target Hospitality Corp has established itself as one of the leading players in the industry.
In terms of financial performance, Target Hospitality Corp has seen both positive and negative trends in recent quarters. For the October to December 31, 2023 interval, the company reported a 16.32% increase in income, with earnings per share rising from $0.29 to $0.34 compared to the previous year. However, income faded by -21.93% from the preceding reporting period.
The revenue also experienced a decline, with a decrease of -17.199% to $126.22 million compared to $152.44 million in the same reporting period a year before. Sequentially, revenue deteriorated by -13.512% from $145.94 million. Despite these challenges, Target Hospitality Corp managed to increase its net earnings to $37.843 million, representing a 19.86% growth from the previous year.
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| Personnel Announcements
Published Tue, Feb 20 2024 11:45 AM UTC
Target Hospitality Corp Adds John C. Dorman to Board of Directors: Strengthening Leadership and Driving Growth
Target Hospitality Corp, a prominent supplier of integrated modular accommodations and hospitality services in North America, has recently made an exciting addition to its Board of Directors. The Company announced the appointment of John C. Dorman, a highly expe...
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| Target Hospitality Corp
Target Hospitality Corp, a prominent player in the Hotels & Tourism industry, recently released its financial results for the third quarter of 2023. The figures paint an intriguing picture, as the company experienced accelerated earnings per share (EPS) growth but faced a decline in revenue. This article aims to interpret the implications of these results and provide insights into how they may influence the company's future prospects.
Accelerated EPS Growth:
One standout aspect of Target Hospitality Corp's financial results is the impressive surge in EPS growth, which reached 115% at $0.43 per share. This growth is significant, especially when comparing it to the income growth rates reported during the same period a year ago. It indicates that the company's profitability has substantially increased over time, highlighting positive operational efficiencies and robust financial management.
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| Target Hospitality Corp
Target Hospitality Corp, a company in the Hotels & Tourism industry, has shown impressive growth in its most recent fiscal period. The company's income per share increased by 83.33% to $0.44 per share compared to the same period last year, supported by a robust revenue growth of 30.993% to $143.63 million.
It is noteworthy that Target Hospitality Corp has surpassed its industry peers in terms of revenue growth, as the rest of the Hotels & Tourism industry reported a growth rate of 19.38% during the same period. This highlights the company's strong performance in generating top-line growth.
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| Per Share |
Current |
| Earnings (TTM) |
0.92 $ |
| Revenues (TTM) |
4.23 $
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| Cash Flow (TTM) |
0.72 $ |
| Cash |
1.75 $
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| Book Value |
4.12 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
|
| Earnings (TTM) |
0.92 $
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| Revenues (TTM) |
4.23 $ |
| Cash Flow (TTM) |
0.72 $ |
| Cash |
1.75 $
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| Book Value |
4.12 $ |
| Dividend (TTM) |
0 $ |
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| Services |
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 69.12 % |
of total Revenue |
| Services HFS - South |
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38.3 % |
of total Revenue |
| Services Government |
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26.96 % |
of total Revenue |
| Services All Other |
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3.86 % |
of total Revenue |
| HFS - South |
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39.95 % |
of total Revenue |
| Government |
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56.18 % |
of total Revenue |
| All Other |
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3.86 % |
of total Revenue |
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