In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Target Hospitality Corp’s stock clocked out at $6.87, up 1.18% from its previous closing price of $6.79. In other words, the price has increased by $1.18 from its previous closing price. On the day, 0.57 million shares were traded. TH stock price reached its highest trading level at $7.04 during the session, while it also had its lowest trading level at $6.7.
Ratios:
To gain a deeper understanding of TH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.04.
Stifel Downgraded its Buy to Hold on April 12, 2024, whereas the target price for the stock was revised from $13 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TH now has a Market Capitalization of 682630016 and an Enterprise Value of 691768064. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 1.791 whereas that against EBITDA is 3.713.
Stock Price History:
The Beta on a monthly basis for TH is 1.90, which has changed by -0.3703025 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, TH has reached a high of $11.84, while it has fallen to a 52-week low of $4.00. The 50-Day Moving Average of the stock is -8.53%, while the 200-Day Moving Average is calculated to be -19.48%.
Shares Statistics:
It appears that TH traded 916.90K shares on average per day over the past three months and 714970 shares per day over the past ten days. A total of 98.95M shares are outstanding, with a floating share count of 32.20M. Insiders hold about 67.60% of the company’s shares, while institutions hold 28.78% stake in the company. Shares short for TH as of 1741910400 were 1734111 with a Short Ratio of 1.89, compared to 1739491200 on 1596910. Therefore, it implies a Short% of Shares Outstanding of 1734111 and a Short% of Float of 10.4399994.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
