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.

LOS ANGELES, CA / ACCESSWIRE / June 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Target Hospitality Corp. ("Target Hospitality" or "the Company") (NASDAQ:TH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Schall Law Firm Urges Affected Investors To Reach Out For Investigation Into Allegations Against Target Hospitality Corp

LOS ANGELES, CA / ACCESSWIRE / June 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Target Hospitality Corp. ("Target Hospitality" or "the Company") (NASDAQ:TH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investigating Allegations Against Target Hospitality Corp., The Schall Law Firm Invites Impacted Investors To Reach Out

LOS ANGELES, CA / ACCESSWIRE / June 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Target Hospitality Corp. ("Target Hospitality" or "the Company") (NASDAQ:TH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Probing Into Claims Against Target Hospitality Corp., The Schall Law Firm Encourages Affected Investors To Contact The Firm

LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Target Hospitality Corp. ("Target Hospitality" or "the Company") (NASDAQ:TH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Conducting An Investigation Into Allegations Against Target Hospitality Corp. And Urges Investors To Get In Touch With The Firm

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Target Hospitality Corp. and Encourages Investors to Contact the Firm

Target Hospitality (NASDAQ: TH ) stock is falling hard on Tuesday after the company announced the planned end to a service agreement with at the South Texas Family Residential Center. According to a press release from the company, the U.S. government is planning to terminate its contract with Target Hospitality at this location.

Why Is Target Hospitality (TH) Stock Down 37% Today?

THE WOODLANDS, Texas, June 10, 2024 /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 received notice that the U.S. government intends to terminate the existing South Texas Family Residential Center ("STFRC") services agreement with Target's migrant programming partner ("STFRC Partner"), effective in 60 days, or on or about August 9, 2024 ("Effective Date"). As a reminder, Target provides facility and hospitality solutions to the STFRC Partner, through a lease and services agreement ("STFRC Contract") utilizing Target's owned modular assets.

Target Hospitality Provides Update on South Texas Family Residential Center Located in Dilley Texas

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Target Hospitality (TH) Right Now?

Target Hospitality (TH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Target Hospitality (TH) Stock

Target Hospitality (TH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Target Hospitality (TH) Upgraded to Buy: Here's What You Should Know

Is Target Hospitality (TH) Stock Undervalued Right Now?

Target Hospitality Corp (NASDAQ:TH ) Q1 2024 Results Conference Call May 8, 2024 9:00 AM ET Company Participants Mark Schuck - Senior Vice President of Investor Relations & Financial Planning Brad Archer - CEO, President & Non-Independent Director Jason Vlacich - CFO & Chief Accounting Officer Conference Call Participants Daniel Hultberg - Oppenheimer Stephen Gengaro - Stifel Greg Gibas - Northland Securities Operator Good morning, ladies and gentlemen, and welcome to the Target Hospitality First Quarter 2024 Earnings Call Conference Call. At this time, all lines are in a listen-only mode.

Target Hospitality Corp (TH) Q1 2024 Earnings Call Transcript

Target Hospitality (TH) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.40 per share a year ago.

Target Hospitality (TH) Surpasses Q1 Earnings and Revenue Estimates

THE WOODLANDS, Texas , May 8, 2024 /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, 2024. Financial and Operational Highlights Revenue of $106.7 million for the three months ended March 31, 2024.

Target Hospitality Reports Strong First Quarter 2024 Results Centered on Strength of Core Service Offering Further Enhancing Financial Position

THE WOODLANDS, Texas , May 3, 2024 /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 2024 financial results before the market opens on Wednesday, May 8, 2024. The Company has also scheduled a conference call for Wednesday, May 8, 2024, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results.

Target Hospitality Announces First Quarter 2024 Earnings Release and Conference Call Schedule

THE WOODLANDS, Texas , April 29, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, announced the formation of a Special Committee comprised of independent directors of the Board of Directors of Target Hospitality (the "Board").   As previously disclosed, on March 25, 2024, Target Hospitality received an unsolicited non-binding proposal from Arrow Holdings S.

TARGET HOSPITALITY ANNOUNCES FORMATION OF A SPECIAL COMMITTEE OF INDEPENDENT MEMBERS OF ITS BOARD OF DIRECTORS

THE WOODLANDS, Texas , April 12, 2024 /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 a new regional partnership with the Chard Métis Dene Group of Companies (CMD), an economic development entity for the Chard Métis Nation. Located south of Fort McMurray, along the Highway 881 corridor in Alberta, Canada, the Chard Métis Nation is dedicated to prioritizing traditions and maintaining their connection to the land as they strive for economic independence to promote educational, employment and economic development opportunities for community members, including youth and elders.

Target Hospitality Announces Partnership with Chard Métis Dene Group

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Target Hospitality received an offer from its majority holder to acquire the remaining shares at an above-market price. Investors are expecting a sweetener, sending shares above the offer price.

Why Target Hospitality Stock Surged Higher This Week

THE WOODLANDS, Texas , March 25, 2024 /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 the Board of Directors of Target Hospitality ("the Board") has received an unsolicited non-binding proposal from Arrow Holdings S.à r.l. ("Arrow"), an affiliate of TDR Capital LLP ("TDR"), to acquire all of the outstanding shares of common stock of Target Hospitality that are not owned by any of Arrow, any investment fund managed by TDR or their respective affiliates, for cash consideration of $10.80 per share (the "Proposal").

Target Hospitality Receives Buyout Offer from TDR Capital

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 suggests that there could be more strength down the road.

Target Hospitality (TH) Surges 6.5%: Is This an Indication of Further Gains?

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Target Hospitality Corp (TH) Q4 2023 Earnings Call Transcript

The headline numbers for Target Hospitality (TH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Target Hospitality (TH) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

THE WOODLANDS, Texas , March 13, 2024 /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 fourth quarter and year ended December 31, 2023. Financial and Operational Highlights Revenue of $563.6 million for the year ended December 31, 2023, an increase of 12% from the prior year.

Target Hospitality Reports Impressive 2023 Results Further Strengthening Financial Position Focused on Value Enhancing Capital Allocation Opportunities

News for Target Hospitality Corp Stock (TH)