In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Target Hospitality Corp’s stock clocked out at $5.44, down -7.01% from its previous closing price of $5.85. In other words, the price has decreased by -$7.01 from its previous closing price. On the day, 0.79 million shares were traded.
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 3.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.33. 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.
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:
As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.31.
Stock Price History:
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 -38.08%, while the 200-Day Moving Average is calculated to be -38.98%.
Shares Statistics:
A total of 100.30M shares are outstanding, with a floating share count of 32.06M. Insiders hold about 67.60% of the company’s shares, while institutions hold 29.58% stake in the company.
