Target Hospitality Corp

Target Hospitality Corp. engages in the provision of rental accommodations with premium catering and value-added hospitality services. It operates through the following business segments: Hospitality & Facilities Services - South, Hospitality & Facilities Services – Midwest, and Government. The Hospitality & Facilities Services - South segment operates facilities in the Permian Basin region and communities in Texas and New Mexico. The Hospitality & Facilities Services - Midwest segment reflects the facilities and operations in North Dakota. The Government segment includes facilities and operations to customers located primarily in Texas. The company was founded by Brian Scott Lash in 1978 and is headquartered in The Woodlands, TX.

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Target Hospitality Corp (TH) reports record 2022 results and outlines growth plans amidst inflation concerns

Target Hospitality Corp (TH) delivered strong financial performance in Q4 2022, driven by revenue growth and operational efficiency.
While facing challenges such as rising inflation and cost management, the company is well-positioned to capitalize on growth opportunities.
With a focus on expansion into new markets and strategic investments, Target Hospitality Corp (TH) aims to sustain its growth trajectory.
The company's robust liquidity position and revenue outlook for 2023 signal a positive outlook for future performance.

Target Hospitality Corp reports strong Q1 performance and eyes government growth

Target Hospitality Corp (TH) delivered a robust performance in Q1 2023, driven by strong government contracts and financial stability.
The company's focus on high-return opportunities and strategic investments bodes well for future growth and operational resilience.
While facing challenges such as operational uncertainties and capital management, TH remains poised to capitalize on growth opportunities in the market.

Target Hospitality Corp reports record Q2 results and eyes government expansion

Target Hospitality Corp's Q2 2023 performance reflects robust revenue growth and strong financial metrics, driven by government contracts and customer demand.
While the company faces challenges in managing liabilities and moderating CapEx, strategic partnerships and growth initiatives present promising opportunities for expansion.
With a focus on strengthening financial position and pursuing growth in government services, Target Hospitality Corp aims for continued success and strategic expansion.

Target Hospitality Corp excels in Q3 driven by government contracts

Target Hospitality's Q3 performance was marked by strong revenue, solid cash position, and a positive outlook for 2023. The company's emphasis on government contracts and premium services has been key to its success.

Target Hospitality Corp posts strong Q4 results, eyes growth in 2024

Target Hospitality Corp (TH) delivered robust Q4 2023 results, particularly in the Government segment. With a solid financial position and strategic initiatives in place, TH aims for continued growth in 2024. Analyst inquiries centered on key financial metrics and growth prospects.

Target Hospitality Corp (TH) reports robust Q1 earnings and eyes growth opportunities

Target Hospitality Corp (TH) delivered a strong Q1 performance, showcasing operational efficiencies and financial strength. Despite challenges in government gross margins and operational efficiency, the company remains focused on pursuing growth opportunities and diversifying revenue streams.

Target Hospitality Corp reports robust Q2 earnings and eyes growth opportunities

Target Hospitality Corp's Q2 2024 earnings call highlighted strong financial performance, operational efficiencies, and growth prospects. The company is well-positioned with a robust cash position and liquidity, while also exploring opportunities for expansion and service renewals.

Target Hospitality Corp (TH) reports robust Q3 earnings and eyes growth opportunities in Government and HFS segments

Target Hospitality Corp (TH) delivered strong Q3 2024 results, maintaining a solid financial position and focusing on growth opportunities in key segments. The company is actively managing its liabilities and returning value to shareholders through stock repurchases.

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Target Hospitality Corp. engages in the provision of rental accommodation with catering and hospitality services. It operates through the following business segments: HFS South, Government, and All Other. The HFS South segment consists primarily of rental and vertically integrated hospitality services revenue from customers in the natural resources and development industry located primarily in Texas and New Mexico. The Government segment is involved in rental and vertically integrated hospitality services revenue from customers with Government contracts in Texas. The All Other segment focuses on rental and vertically integrated hospitality services revenue from customers primarily in the natural resources and development industry located outside of the HFS South segment. The company was founded by Brian Scott Lash in 1978 and is headquartered in The Woodlands, TX.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Target Hospitality (TH) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on Target Hospitality (TH)

Why Target Hospitality Stock Popped 31.7% on Friday

Target Hospitality (TH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Target Hospitality (TH) Soars 22.2%: Is Further Upside Left in the Stock?

Target Hospitality Group (NASDAQ: TH) has raised its previously announced FY22 outlook by 53%. The upgrade is related to the significantly expanded and enhanced lease and services agreement supporting domestic humanitarian aid efforts.

Why Target Hospitality Shares Are Surging Today

THE WOODLANDS, Texas , July 8, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today raised the range of its previously announced 2022 financial outlook 53% primarily related to the significantly expanded and enhanced lease and services agreement ("Expanded Humanitarian Contract") supporting domestic humanitarian aid efforts, previously announced on July 6, 2022. The Expanded Humanitarian Contract consists of a meaningful increase in scope and service offerings from the initial contract executed in March of 2021 and illustrates the benefits of Target's strategic diversification efforts.

Target Hospitality Raises 2022 Financial Outlook by 53% with a Projected Record $505 Million Annual Revenue

THE WOODLANDS, Texas , July 6, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced it has entered into an expanded lease and services agreement ("Expanded Humanitarian Contract") to provide enhanced infrastructure and comprehensive facility services that support the critical hospitality solutions Target provides to its leading national nonprofit partner and the U.S. Government in their humanitarian aid missions. The agreement provides for significant scope expansion and term extension for the continuation of services the Company previously announced in March 2021.

Target Hospitality Announces Expanded Partnership with Leading National Nonprofit Supporting Critical Humanitarian Aid Solutions

THE WOODLANDS, Texas , June 6, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will attend and present at the Stifel 2022 Cross Sector Insight Conference on Tuesday, June 7, 2022, and the Bank of America Securities Credit Conference on Thursday, June 9, 2022. Presentation Details Stifel Cross Sector Insight Conference Date:  Tuesday, June 7, 2022 Time:  4:45 pm Eastern Time (3:45 pm Central Time) Bank of America Securities Credit Conference Date: Thursday, June 9, 2022 Time: 2:25 pm Eastern Time (1:25 pm Central Time) These events will be broadcast live via webcast.

Target Hospitality Announces June 2022 Conference Attendance and Presentation Schedule

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THE WOODLANDS, Texas , May 24, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today announced that Brad Archer has agreed to remain in his positions as President and Chief Executive Officer and continue serving as member of the Company's Board of Directors through June 30, 2025. "The decision to extend my tenure with the Company is a result of personal reflection, ongoing conversations with the Board and the transformational changes occurring within the business," said Mr.

Target Hospitality President and CEO Brad Archer Agrees to Remain in Positions Through 2025

Target Hospitality Corp. (NASDAQ:TH ) Q1 2022 Results Conference Call May 10, 2022 9:00 AM ET Company Participants Brad Archer - President and CEO Eric T. Kalamaras - EVP and CFO Troy Schrenk - Chief Commercial Officer Mark Schuck - SVP, IR Conference Call Participants Stephen Gengaro - Stifel Greg Gibas - Northland Securities Operator Good morning, and welcome to the Target Hospitality First Quarter 2022 Earnings Conference Call.

Target Hospitality Corp. (TH) CEO Brad Archer on Q1 2022 Results - Earnings Call Transcript

Target Hospitality (TH) delivered earnings and revenue surprises of 0% and 0.71%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Target Hospitality (TH) Q1 Earnings Meet Estimates

THE WOODLANDS, Texas , May 10, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months ended March 31, 2022. Financial and Operational Highlights for the First Quarter 2022 Revenue of $80.3 million for the three months ended March 31, 2022, an increase of 77% from the same period in 2021 Net income of $0.5 million for the three months ended March 31, 2022, compared to net loss of $13.1 million for the same period in 2021 Basic and diluted income per share of $0.01 for the three months ended March 31, 2022 Adjusted EBITDA(1) of $33.4 million for the three months ended March 31, 2022, an increase of 109% from the same period in 2021 Improved net leverage ratio by 60% since the beginning of 2021, with a net leverage ratio of 2.6 times as of March 31, 2022 Significant financial flexibility with approximately $115 million in total available liquidity Continued strong business momentum supporting a 65% increase in customer demand from the same period in 2021, with average utilized beds of 11,305 Executing on premier customer diversification with approximately 58% of revenue for the three months ended March 31, 2022 related to committed revenue contracts backed by the United States Government, raising Government segment revenue by 159% compared to the same period in 2021.

Target Hospitality Reports Strong First Quarter 2022 Results Executing on Sustained Business Momentum and Strengthening Government Services Demand

Target Hospitality's (TH) first-quarter 2022 results are likely to reflect robust government services demand and strong business fundamentals.

Target Hospitality (TH) to Post Q1 Earnings: What's in Store?

THE WOODLANDS, Texas , May 5, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will release its first quarter 2022 financial results before the market opens on Tuesday, May 10, 2022. The Company has also scheduled a conference call for Tuesday, May 10, 2022, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results.

Target Hospitality Announces First Quarter 2022 Earnings Release and Conference Call Schedule

Target Hospitality (TH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Target Hospitality (TH) a New Strong Buy Stock

THE WOODLANDS, Texas , April 29, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), North America's largest provider of vertically integrated modular accommodations and value-added hospitality services, today announced that it will present at Oppenheimer's 17th Annual Industrial Growth Conference on Tuesday, May 3, 2022, at 12:45 pm Eastern Time (11:45 am Central Time). The event will be broadcast live via webcast.

Target Hospitality to Present at Oppenheimer's 17th Annual Industrial Growth Conference

Target Hospitality (TH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in Target Hospitality (TH) is Your Friend, Here's Why

Target Hospitality (TH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Target Hospitality (TH) Soars 20.4%: Is Further Upside Left in the Stock?

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