Target Hospitality (NASDAQ:TH) CEO James Bradley Archer Purchases 27,500 Shares of Stock

Target Hospitality Corp. (NASDAQ:TH) CEO James Archer purchased 27,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 11th. The stock was bought at an average price of $11.37 per share, for a total transaction of $312,675.00. Following the transaction, the chief executive officer directly owned 1,872,941 shares in the company, valued at $21,295,339.17. This trade represents a 1.49% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

James Bradley Archer also recently made the following trade(s):

• On Tuesday, September 15th, James Archer acquired 13,385 shares of Target Hospitality stock. The shares were bought at an average cost of $18.69 per share, with a total value of $250,165.65.

Target Hospitality Stock Up 1.5%

Target Hospitality stock opened at $11.98 on Friday. The stock has a 50 day moving average of $16.94 and a two-hundred day moving average of $14.89. Target Hospitality Corp. has a twelve month low of $6.10 and a twelve month high of $21.76. The company has a current ratio of 0.45, a quick ratio of 0.65 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of -26.04 and a beta of 1.56.

Target Hospitality (NASDAQ:TH) last announced its quarterly earnings data on Monday, November 9th. The company reported ($0.09) EPS for the quarter. Target Hospitality had a negative return on equity of 12.29% and a negative net margin of 12.23%. The firm had revenue of $129.06 million for the quarter, compared to analysts’ expectations of $118.35 million. As a group, research analysts expect that Target Hospitality Corp. will post -0.16 earnings per share for the current year.

Latest Target Hospitality News

Investors following TH have been watching these news items:

• Positive Sentiment: Revenue growth and a sales beat: Q3 coverage highlighted strong revenue growth. The reported quarter’s revenue of $129.1 million topped analysts’ $118.4 million estimate, although the company still posted a loss of $0.09 per share. Target Hospitality stock posts strong revenue growth in Q3
• Neutral Sentiment: Unusually high call-option activity: Traders bought 11,258 call options, roughly 20 times the typical volume. This points to increased speculative interest but does not establish a durable change in fundamentals.
• Negative Sentiment: Lower near-term earnings forecasts: Northland Securities cut its Q4 2026 EPS estimate to $0.16 from $0.22 and forecasts a full-year 2026 loss of $0.15 per share, worse than the consensus loss estimate of $0.04. Its FY2027 estimate edged up slightly to $1.08 from $1.07. Target Hospitality analyst estimates

Analyst Upgrades and Downgrades

TH has been the subject of several research analyst reports. Stifel Nicolaus set a $26.00 price objective on Target Hospitality in a research note on Thursday, August 27th. Deutsche Bank reiterated a “buy” rating and issued a $23.00 price target on shares of Target Hospitality in a report on Thursday, August 27th. Morgan Stanley lifted their price target on Target Hospitality from $22.00 to $25.00 and gave the company an “overweight” rating in a report on Monday, September 14th. Oppenheimer increased their price objective on shares of Target Hospitality from $24.00 to $27.00 and gave the stock an “outperform” rating in a report on Tuesday, September 8th. Finally, Weiss Ratings lowered shares of Target Hospitality from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.20.

Institutional Investors Weigh In On Target Hospitality

Institutional investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue lifted its stake in shares of Target Hospitality by 16.3% in the 3rd quarter. State of Alaska Department of Revenue now owns 6,160 shares of the company’s stock valued at $121,000 after purchasing an additional 863 shares in the last quarter. Sterling Capital Management LLC raised its holdings in Target Hospitality by 351.4% in the third quarter. Sterling Capital Management LLC now owns 1,431 shares of the company’s stock valued at $28,000 after buying an additional 1,114 shares during the period. Quantbot Technologies LP purchased a new stake in Target Hospitality during the second quarter worth approximately $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Target Hospitality by 2.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,692 shares of the company’s stock worth $2,132,000 after buying an additional 2,634 shares during the period. Finally, Galaxy Digital Capital Management GP LLC acquired a new stake in shares of Target Hospitality in the first quarter worth $67,000. Hedge funds and other institutional investors own 32.40% of the company’s stock.

About Target Hospitality

Target Hospitality Corporation provides modular accommodations and hospitality services for workers and other groups who need lodging near remote or specialized locations. Its services include lodging, dining, housekeeping, laundry, and recreation, with facilities designed to support extended stays. The company serves customers in industries such as energy and natural resources, as well as government clients. Its operations are primarily in the United States, including locations in the Permian Basin and other areas where traditional lodging may be limited.