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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Earnings data Q4 2024

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.

Target Hospitality (TH) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Most-Watched Stock Target Hospitality Corp. (TH) Worth Betting on Now?

Target Hospitality (TH) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Target Hospitality (TH) Should Keep going

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3 Momentum Anomaly Picks as Markets Shrug Off Rate Hike Fears

The consensus price target hints at a 57.4% upside potential for Target Hospitality (TH). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Target Hospitality (TH) Could Rally 57%: Here's is How to Trade

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Stocks like On Holding AG (ONON), Target Hospitality (TH), RCI Hospitality Holdings (RICK) and Marriott International (MAR) may gain as Americans seem to be regaining their lost confidence.

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The consensus price target hints at a 47.9% upside potential for Target Hospitality (TH). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 48% Upside in Target Hospitality (TH): Can the Stock Really Move This High?

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

Earnings Estimates Moving Higher for Target Hospitality (TH): Time to Buy?

Target Hospitality Corp. (NASDAQ:TH ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET CompanyParticipants Mark Schuck - Senior Vice President of Investor Relations & Financial Planning Brad Archer - President & Chief Executive Officer Eric Kalamaras - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Greg Gibas - Northland Securities Stephen Gengaro - Stifel Operator Good morning and welcome to the Target Hospitality Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Target Hospitality Corp. (TH) CEO Brad Archer on Q2 2022 Results - Earnings Call Transcript

Target Hospitality (TH) is on the Move, Here's Why the Trend Could be Sustainable

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Target Hospitality (TH) delivered earnings and revenue surprises of 41.18% and 4.83%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Target Hospitality (TH) Beats Q2 Earnings and Revenue Estimates

THE WOODLANDS, Texas , Aug. 9, 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 June 30, 2022. Financial and Operational Highlights for the Second Quarter 2022 Record quarterly revenue of $109.6 million for the three months ended June 30, 2022, an increase of 46% from the same period in 2021 Net income of $22.9 million for the three months ended June 30, 2022, compared to net loss of $0.9 million for the same period in 2021 Basic and diluted income per share of $0.24 for the three months ended June 30, 2022 Record quarterly Adjusted EBITDA(1) of $56.1 million for the three months ended June 30, 2022, an increase of 76% from the same period in 2021 Significant financial flexibility with approximately $114 million in total available liquidity and a net leverage ratio of 2.3 times as of June 30, 2022 Executing on strategic diversification with approximately 68% of second quarter 2022 revenue derived from committed revenue contracts backed by the United States Government Strong business momentum supporting sequential quarterly increases in customer demand across Target's Hospitality and Facility Services ("HFS") segments, driving an 18% increase from the second quarter of 2021 On July 6, 2022, announced a significantly expanded and enhanced government services contract ("Expanded Humanitarian Contract"), establishing a highly customized community capable of providing on-going critical hospitality solutions in support of domestic humanitarian aid missions Including the Expanded Humanitarian Contract, approximately 73% of Target's anticipated 2022 revenue will be derived from its Government segment Executive Commentary "Our record setting second quarter results are a direct reflection of Target's intentional focus to expand the critical hospitality services it provides the United States Government in support of their domestic humanitarian aid missions.

Target Hospitality Reports Record Second Quarter 2022 Results Driven by Materially Expanded Government Services Demand

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THE WOODLANDS, Texas , Aug. 3, 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 second quarter 2022 financial results before the market opens on Tuesday, August 9, 2022. The Company has also scheduled a conference call for Tuesday, August 9, 2022, at 9:00 am Eastern Time (8:00 am Central Time) to discuss the results.

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

The average of price targets set by Wall Street analysts indicates a potential upside of 35.8% in Target Hospitality (TH). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 36% Upside in Target Hospitality (TH): Can the Stock Really Move This High?

Does Target Hospitality (TH) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Target Hospitality (TH) a Strong Momentum Stock: Buy Now?

100% technical buy signals. 9 new highs and up 93.60% in the last month.

Target Hospitality - Super Growth

The average of price targets set by Wall Street analysts indicates a potential upside of 27.8% in Target Hospitality (TH). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in Target Hospitality (TH)? Wall Street Analysts Think 28%

Target Hospitality has shown strong growth across the Government segment. Earnings growth has rebounded to positive territory.

Target Hospitality: Strong Growth, Investors To Expect More Going Forward

Can Target Hospitality (TH) Run Higher on Rising Earnings Estimates?

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Theratechnologies Inc. (NASDAQ:THTX ) Q2 2022 Earnings Conference Call July 14, 2021 8:30 AM ET Company Participants Elif McDonald - Senior Director, Investor Relations Paul Levesque - President & CEO Philippe Dubuc - SVP & CFO Christian Marsolais - SVP & Chief Medical Officer John Mullaly - IR, LifeSci Advisors Conference Call Participants Edward Nash - Canaccord Genuity Andre Uddin - Research Capital Endri Leno - National Bank Operator Good morning and welcome to the Theratechnologies' Second Quarter Fiscal Year 2022 Earnings Call. [Operator Instructions].

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