Target Hospitality Corp (NASDAQ: TH) kicked off on Monday, up 10.03% from the previous trading day, before settling in for the closing price of $8.67. Over the past 52 weeks, TH has traded in a range of $6.11-$11.84.
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Annual sales at Industrials sector company grew by 23.51% over the past five years. While this was happening, its average annual earnings per share was recorded -57.26%. With a float of $32.16 million, this company’s outstanding shares have now reached $100.30 million.
Let’s look at the performance matrix of the company that is accounted for 984 employees. In terms of profitability, gross margin is 45.45%, operating margin of 32.28%, and the pretax margin is 29.0%.
Target Hospitality Corp (TH) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Business Services Industry. The insider ownership of Target Hospitality Corp is 69.39%, while institutional ownership is 27.46%.
Target Hospitality Corp (TH) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -57.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 67.10% growth over the previous five years of trading.
Target Hospitality Corp (NASDAQ: TH) Trading Performance Indicators
Take a look at Target Hospitality Corp’s (TH) current performance indicators. Last quarter, stock had a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21. Likewise, its price to free cash flow for the trailing twelve months is 7.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Target Hospitality Corp (TH)
Target Hospitality Corp (NASDAQ: TH) saw its 5-day average volume 0.56 million, a positive change from its year-to-date volume of 0.53 million. As of the previous 9 days, the stock’s Stochastic %D was 79.34%. Additionally, its Average True Range was 0.44.
During the past 100 days, Target Hospitality Corp’s (TH) raw stochastic average was set at 75.21%, which indicates a significant decrease from 95.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.68% in the past 14 days, which was lower than the 54.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.18, while its 200-day Moving Average is $9.36. Nevertheless, the first resistance level for the watch stands at $9.89 in the near term. At $10.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.84. If the price goes on to break the first support level at $8.94, it is likely to go to the next support level at $8.33. The third support level lies at $7.99 if the price breaches the second support level.
Target Hospitality Corp (NASDAQ: TH) Key Stats
The company with the Market Capitalisation of 947.18 million has total of 98,941K Shares Outstanding. Its annual sales at the moment are 563,610 K in contrast with the sum of 173,700 K annual income. Company’s last quarter sales were recorded 95,190 K and last quarter income was 19,990 K.
