Northland Securities Has Positive Outlook of TH Q3 Earnings

Target Hospitality Corp. (NASDAQ:TH) – Analysts at Northland Securities increased their Q3 2026 earnings per share estimates for Target Hospitality in a research report issued on Thursday, August 27th. Northland Securities analyst G. Gibas now forecasts that the company will post earnings per share of ($0.01) for the quarter, up from their prior forecast of ($0.04). The consensus estimate for Target Hospitality’s current full-year earnings is ($0.08) per share. Northland Securities also issued estimates for Target Hospitality’s Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.00 EPS and FY2027 earnings at $1.07 EPS.

Other research analysts have also recently issued research reports about the company. Oppenheimer boosted their price objective on Target Hospitality from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Morgan Stanley began coverage on shares of Target Hospitality in a report on Monday, August 17th. They issued an “overweight” rating and a $22.00 price objective for the company. Stifel Nicolaus set a $26.00 target price on Target Hospitality in a research note on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $23.00 price target on shares of Target Hospitality in a research report on Thursday. Finally, Weiss Ratings raised Target Hospitality from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Target Hospitality Stock Down 0.2%

Target Hospitality stock opened at $18.52 on Monday. Target Hospitality has a fifty-two week low of $5.97 and a fifty-two week high of $20.85. The firm’s 50-day simple moving average is $17.38 and its 200 day simple moving average is $14.74. The stock has a market cap of $1.84 billion, a PE ratio of -48.74 and a beta of 1.50. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.65 and a current ratio of 0.65.

Target Hospitality (NASDAQ:TH) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.02. Target Hospitality had a negative return on equity of 9.80% and a negative net margin of 10.85%.The business had revenue of $85.45 million during the quarter, compared to the consensus estimate of $79.30 million.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of Target Hospitality by 3,549.2% in the first quarter. Royal Bank of Canada now owns 43,863 shares of the company’s stock valued at $289,000 after acquiring an additional 42,661 shares during the period. AQR Capital Management LLC bought a new position in shares of Target Hospitality in the 1st quarter worth approximately $114,000. Goldman Sachs Group Inc. raised its holdings in Target Hospitality by 104.9% in the first quarter. Goldman Sachs Group Inc. now owns 280,288 shares of the company’s stock worth $1,844,000 after purchasing an additional 143,505 shares in the last quarter. Empowered Funds LLC purchased a new position in Target Hospitality during the 1st quarter valued at about $660,000. Finally, Strs Ohio purchased a new position in shares of Target Hospitality during the first quarter valued at approximately $131,000. 32.40% of the stock is owned by hedge funds and other institutional investors.

About Target Hospitality

Target Hospitality is a lodging solutions provider specializing in the ownership and operation of modular workforce housing communities across North America. The company serves large-scale clients in the energy, mining, construction and government sectors that require temporary or long-term accommodations for remote workforces. Its housing portfolio includes suite-style units, single-family cabins and “man-camp” dormitories, designed to match project size, duration and workforce composition.

In addition to lodging, Target Hospitality delivers integrated support services such as on-site dining and culinary management, housekeeping, maintenance, facility management and logistics planning.