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As of close of business last night, Target Hospitality Corp’s stock clocked out at $6.13, up 0.33% from its previous closing price of $6.11. In other words, the price has increased by $0.33 from its previous closing price. On the day, 0.62 million shares were traded. TH stock price reached its highest trading level at $6.29 during the session, while it also had its lowest trading level at $5.94.
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 3.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.88. 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:
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 606509568 and an Enterprise Value of 625120320. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 1.458 whereas that against EBITDA is 2.923.
Stock Price History:
The Beta on a monthly basis for TH is 1.79, which has changed by -0.44069344 over the last 52 weeks, in comparison to a change of 0.10063088 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 -22.85%, while the 200-Day Moving Average is calculated to be -28.79%.
Shares Statistics:
It appears that TH traded 891.61K shares on average per day over the past three months and 688390 shares per day over the past ten days. 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 28.91% stake in the company. Shares short for TH as of 1740700800 were 1910113 with a Short Ratio of 2.14, compared to 1738281600 on 1125129. Therefore, it implies a Short% of Shares Outstanding of 1910113 and a Short% of Float of 11.5.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The market rating of Target Hospitality Corp (TH) is currently shaped by the ongoing analysis conducted by 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.02, with high estimates of $0.08 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.7 and $0.63 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is -$0.12, with 3.0 analysts recommending between $0.31 and -$0.39.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $80.1M. It ranges from a high estimate of $82.4M to a low estimate of $77.4M. As of the current estimate, Target Hospitality Corp’s year-ago sales were $126.22MFor the next quarter, 3 analysts are estimating revenue of $75.37M. There is a high estimate of $80.1M for the next quarter, whereas the lowest estimate is $68.8M.
A total of 3 analysts have provided revenue estimates for TH’s current fiscal year. The highest revenue estimate was $385M, while the lowest revenue estimate was $380M, resulting in an average revenue estimate of $382.7M. In the same quarter a year ago, actual revenue was $563.61MBased on 3 analysts’ estimates, the company’s revenue will be $265.77M in the next fiscal year. The high estimate is $312M and the low estimate is $239.3M.
