Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Target Hospitality Corp (NASDAQ: TH) was $10.86 for the day, up 1.40% from the previous closing price of $10.71. In other words, the price has increased by $1.40 from its previous closing price. On the day, 1.19 million shares were traded. TH stock price reached its highest trading level at $11.1 during the session, while it also had its lowest trading level at $10.59.
Ratios:
Our analysis of TH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.02.
On April 12, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $13 to $12.
Oppenheimer Upgraded its Perform to Outperform on June 23, 2021, while the target price for the stock was maintained at $6.
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 1074501376 and an Enterprise Value of 1093111936. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.47, and their Forward P/E ratio for the next fiscal year is 30.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.51 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 2.549 whereas that against EBITDA is 5.111.
Stock Price History:
The Beta on a monthly basis for TH is 2.08, which has changed by 0.16160524 over the last 52 weeks, in comparison to a change of 0.22677135 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 $6.11. The 50-Day Moving Average of the stock is 20.14%, while the 200-Day Moving Average is calculated to be 15.60%.
Shares Statistics:
TH traded an average of 462.26K shares per day over the past three months and 423150 shares per day over the past ten days. A total of 100.30M shares are outstanding, with a floating share count of 32.26M. Insiders hold about 67.40% of the company’s shares, while institutions hold 27.22% stake in the company. Shares short for TH as of 1735603200 were 1215210 with a Short Ratio of 2.63, compared to 1732838400 on 1081032. Therefore, it implies a Short% of Shares Outstanding of 1215210 and a Short% of Float of 7.32.
