TH Stock Overview
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America.
Target Hospitality Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$5.96|
|52 Week High||US$7.68|
|52 Week Low||US$2.72|
|1 Month Change||-5.40%|
|3 Month Change||1.71%|
|1 Year Change||43.27%|
|3 Year Change||-34.51%|
|5 Year Change||n/a|
|Change since IPO||-40.99%|
Recent News & Updates
Target Hospitality: Further Upside Possible, But Plateau In Growth Possible Longer-Term
Target Hospitality could see further upside as lodging demand for oil and gas workers increases in light of the situation in Ukraine. However, hiring levels across the O&G industry look increasingly unlikely to return to previous levels. This could affect lodging demand over the longer-term.
|TH||US Hospitality||US Market|
Return vs Industry: TH exceeded the US Hospitality industry which returned -30.2% over the past year.
Return vs Market: TH exceeded the US Market which returned -18.4% over the past year.
|TH Average Weekly Movement||11.1%|
|Hospitality Industry Average Movement||9.2%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: TH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TH's weekly volatility (11%) has been stable over the past year.
About the Company
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 with approximately 15,528 beds across 27 communities, which include 26 owned and 1 leased; and operates 1 community not owned or leased by the company.
Target Hospitality Fundamentals Summary
|TH fundamental statistics|
Is TH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TH income statement (TTM)|
|Cost of Revenue||US$154.41m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.099|
|Net Profit Margin||2.78%|
How did TH perform over the long term?See historical performance and comparison
Is TH undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TH?
Other financial metrics that can be useful for relative valuation.
|What is TH's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TH's PE Ratio compare to its peers?
|TH PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BVH Bluegreen Vacations Holding
GHG GreenTree Hospitality Group
PLYA Playa Hotels & Resorts
TNL Travel + Leisure
TH Target Hospitality
Price-To-Earnings vs Peers: TH is expensive based on its Price-To-Earnings Ratio (60.5x) compared to the peer average (23.1x).
Price to Earnings Ratio vs Industry
How does TH's PE Ratio compare vs other companies in the US Hospitality Industry?
Price-To-Earnings vs Industry: TH is expensive based on its Price-To-Earnings Ratio (60.5x) compared to the US Hospitality industry average (16.9x)
Price to Earnings Ratio vs Fair Ratio
What is TH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||60.5x|
|Fair PE Ratio||18.4x|
Price-To-Earnings vs Fair Ratio: TH is expensive based on its Price-To-Earnings Ratio (60.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).
Share Price vs Fair Value
What is the Fair Price of TH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TH ($5.96) is trading below our estimate of fair value ($16.71)
Significantly Below Fair Value: TH is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: TH is poor value based on its PEG Ratio (2.3x)
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How is Target Hospitality forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TH's forecast earnings growth (25.9% per year) is above the savings rate (1.9%).
Earnings vs Market: TH's earnings (25.9% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: TH's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TH's revenue (3% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: TH's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TH's Return on Equity is forecast to be high in 3 years time
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How has Target Hospitality performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TH has high quality earnings.
Growing Profit Margin: TH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TH has become profitable over the past 5 years, growing earnings by -25.2% per year.
Accelerating Growth: TH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (119.6%).
Return on Equity
High ROE: TH's Return on Equity (9.2%) is considered low.
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How is Target Hospitality's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TH's short term assets ($54.6M) exceed its short term liabilities ($32.8M).
Long Term Liabilities: TH's short term assets ($54.6M) do not cover its long term liabilities ($361.4M).
Debt to Equity History and Analysis
Debt Level: TH's net debt to equity ratio (347.3%) is considered high.
Reducing Debt: TH's debt to equity ratio has increased from 35.7% to 353.2% over the past 5 years.
Debt Coverage: TH's debt is well covered by operating cash flow (23.6%).
Interest Coverage: TH's interest payments on its debt are not well covered by EBIT (1.4x coverage).
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What is Target Hospitality current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TH's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TH has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Archer (50 yo)
Mr. James Bradley Archer, also known as Brad, serves as Chief Executive Officer of Target Hospitality Corp. since 2014 and also serves as its President since 2014 and has been Non-Independent Director sinc...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD3.58M) is about average for companies of similar size in the US market ($USD2.83M).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Experienced Management: TH's management team is considered experienced (3 years average tenure).
Experienced Board: TH's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Target Hospitality Corp.'s employee growth, exchange listings and data sources
- Name: Target Hospitality Corp.
- Ticker: TH
- Exchange: NasdaqCM
- Founded: 1978
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Implied Market Cap: US$547.848m
- Shares outstanding: 91.92m
- Website: https://www.targethospitality.com
Number of Employees
- Target Hospitality Corp.
- 9320 Lakeside Boulevard
- Suite 300
- The Woodlands
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.