Target Hospitality (TH) Stock Forecast, Price Target & Predictions
TH Stock Forecast
Target Hospitality stock forecast is as follows: an average price target of $9.75 (represents a 3.61% upside from TH’s last price of $9.41) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TH Price Target
The average price target for Target Hospitality (TH) is $9.75 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $9.50. This represents a potential 3.61% upside from TH's last price of $9.41.
TH Analyst Ratings
According to 2 Wall Street analysts, Target Hospitality's rating consensus is 'Buy'. The analyst rating breakdown for TH stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Target Hospitality Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 11, 2024 | Stephen Gengaro | Stifel Nicolaus | $9.50 | $6.65 | 42.86% | 0.96% |
| Apr 12, 2024 | Stephen Gengaro | Stifel Nicolaus | $12.00 | $10.82 | 10.91% | 27.52% |
| Mar 25, 2024 | Scott Schneeberger | Oppenheimer | $10.00 | $11.12 | -10.07% | 6.27% |
| Mar 13, 2023 | Scott Schneeberger | Oppenheimer | $22.00 | $16.81 | 30.87% | 133.79% |
| Mar 12, 2022 | Scott Schneeberger | Oppenheimer | $7.00 | $5.48 | 27.74% | -25.61% |
The latest Target Hospitality stock forecast, released on Jun 11, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $9.50, which represents a 42.86% increase from the stock price at the time of the forecast ($6.65), and a 0.96% increase from TH last price ($9.41).
Target Hospitality Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $10.50 |
| Last Closing Price | $9.41 | $9.41 | $9.41 |
| Upside/Downside | -100.00% | -100.00% | 11.58% |
In the current month, the average price target of Target Hospitality stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Target Hospitality's last price of $9.41. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 12, 2024 | Bernstein | Outperform | Outperform | Hold |
| Apr 12, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Apr 12, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Mar 13, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Jul 13, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Mar 12, 2022 | Oppenheimer | Outperform | Outperform | Hold |
Target Hospitality's last stock rating was published by Bernstein on Apr 12, 2024. The company gave TH a "Outperform" rating, the same as its previous rate.
Target Hospitality Financial Forecast
Target Hospitality Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $126.22M | $145.94M | - | $147.82M | $152.44M | $159.56M | $109.65M | $80.33M | $81.69M | $89.17M | $74.99M | $45.49M | $51.61M | $48.26M | $53.62M | $71.66M | $76.11M | $81.64M | $81.36M |
| Avg Forecast | $74.03M | $83.20M | $82.80M | $80.03M | $80.10M | $87.90M | $100.63M | $101.97M | $118.00M | $140.77M | $134.60M | $137.63M | $148.27M | $158.20M | $104.60M | $79.77M | $75.40M | $77.50M | $72.03M | $40.93M | $37.57M | $42.26M | $39.43M | $72.03M | $75.18M | $86.28M | $83.21M |
| High Forecast | $75.34M | $84.67M | $84.26M | $81.00M | $82.40M | $89.45M | $100.94M | $101.97M | $123.80M | $140.77M | $136.97M | $140.06M | $150.88M | $158.20M | $104.60M | $79.77M | $75.40M | $77.50M | $72.03M | $40.93M | $37.57M | $42.26M | $39.43M | $72.03M | $75.18M | $86.28M | $83.21M |
| Low Forecast | $72.56M | $81.55M | $81.16M | $79.00M | $77.40M | $86.16M | $100.32M | $101.97M | $112.60M | $140.77M | $131.93M | $134.90M | $145.33M | $158.20M | $104.60M | $79.77M | $75.40M | $77.50M | $72.03M | $40.93M | $37.57M | $42.26M | $39.43M | $72.03M | $75.18M | $86.28M | $83.21M |
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.07% | 1.04% | - | 1.07% | 1.03% | 1.01% | 1.05% | 1.01% | 1.08% | 1.15% | 1.04% | 1.11% | 1.37% | 1.14% | 1.36% | 0.99% | 1.01% | 0.95% | 0.98% |
Target Hospitality's average Quarter revenue forecast for Mar 24 based on 1 analysts is $101.97M, with a low forecast of $101.97M, and a high forecast of $101.97M. TH's average Quarter revenue forecast represents a -19.22% decrease compared to the company's last Quarter revenue of $126.22M (Dec 23).
Target Hospitality EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $57.15M | $68.98M | - | $83.36M | $67.91M | $74.33M | $52.12M | $28.04M | $30.87M | $35.01M | $25.70M | $10.63M | $12.31M | $14.38M | $8.91M | $30.16M | $26.69M | $37.30M | $38.33M |
| Avg Forecast | $30.41M | $34.17M | $34.01M | $32.87M | $32.90M | $36.10M | $41.33M | $41.88M | $48.47M | $57.82M | $55.28M | $56.53M | $60.90M | $66.72M | $44.11M | $27.95M | $31.80M | $32.68M | $30.38M | $5.20M | $15.85M | $17.82M | $16.63M | $35.19M | $31.71M | $36.39M | $43.44M |
| High Forecast | $30.94M | $34.78M | $34.61M | $33.27M | $33.84M | $36.74M | $41.46M | $41.88M | $50.85M | $57.82M | $56.26M | $57.53M | $61.97M | $66.72M | $44.11M | $33.54M | $31.80M | $32.68M | $30.38M | $6.24M | $15.85M | $17.82M | $16.63M | $42.23M | $31.71M | $36.39M | $52.13M |
| Low Forecast | $29.80M | $33.49M | $33.33M | $32.45M | $31.79M | $35.39M | $41.21M | $41.88M | $46.25M | $57.82M | $54.19M | $55.41M | $59.69M | $66.72M | $44.11M | $22.36M | $31.80M | $32.68M | $30.38M | $4.16M | $15.85M | $17.82M | $16.63M | $28.15M | $31.71M | $36.39M | $34.75M |
| Surprise % | - | - | - | - | - | - | - | - | 1.18% | 1.19% | - | 1.47% | 1.12% | 1.11% | 1.18% | 1.00% | 0.97% | 1.07% | 0.85% | 2.05% | 0.78% | 0.81% | 0.54% | 0.86% | 0.84% | 1.03% | 0.88% |
1 analysts predict TH's average Quarter EBITDA for Mar 24 to be $41.88M, with a high of $41.88M and a low of $41.88M. This is -26.71% lower than Target Hospitality's previous annual EBITDA (Dec 23) of $57.15M.
Target Hospitality Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $37.84M | $45.58M | - | $43.83M | $31.57M | $19.02M | $22.85M | $494.00K | $2.80M | $6.67M | $-912.00K | $-13.14M | $-9.21M | $-7.87M | $-14.20M | $3.80M | $66.00K | $9.57M | $10.58M |
| Avg Forecast | $5.97M | $11.23M | $11.23M | $9.13M | $8.07M | $12.99M | $17.55M | $15.45M | $25.98M | $45.64M | $38.97M | $41.43M | $41.07M | $55.69M | $16.88M | $494.00K | $-1.69M | $2.03M | $1.01M | $-6.42M | $-11.58M | $-12.08M | $-11.43M | $4.43M | $7.97M | $15.30M | $11.99M |
| High Forecast | $6.11M | $11.49M | $11.49M | $10.14M | $8.26M | $13.01M | $18.26M | $15.47M | $40.05M | $45.66M | $39.86M | $42.38M | $42.02M | $55.69M | $16.88M | $592.80K | $-1.69M | $2.03M | $1.01M | $-5.14M | $-11.58M | $-12.08M | $-11.43M | $5.32M | $7.97M | $15.30M | $14.39M |
| Low Forecast | $5.81M | $10.94M | $10.94M | $8.11M | $7.07M | $12.97M | $16.85M | $15.43M | $14.07M | $45.62M | $37.96M | $40.36M | $40.02M | $55.69M | $16.88M | $395.20K | $-1.69M | $2.03M | $1.01M | $-7.71M | $-11.58M | $-12.08M | $-11.43M | $3.55M | $7.97M | $15.30M | $9.59M |
| Surprise % | - | - | - | - | - | - | - | - | 1.46% | 1.00% | - | 1.06% | 0.77% | 0.34% | 1.35% | 1.00% | -1.66% | 3.30% | -0.90% | 2.05% | 0.80% | 0.65% | 1.24% | 0.86% | 0.01% | 0.63% | 0.88% |
Target Hospitality's average Quarter net income forecast for Mar 24 is $15.45M, with a range of $15.43M to $15.47M. TH's average Quarter net income forecast represents a -59.18% decrease compared to the company's last Quarter net income of $37.84M (Dec 23).
Target Hospitality SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $12.20M | $15.27M | - | $15.20M | $15.88M | $19.15M | $11.10M | $11.76M | $10.63M | $12.83M | $11.68M | $11.33M | $9.53M | $8.51M | $10.10M | $9.99M | $9.65M | $11.14M | $10.93M |
| Avg Forecast | $11.58M | $13.01M | $12.95M | $12.52M | $12.53M | $13.75M | $15.74M | $15.94M | $18.45M | $22.01M | $21.05M | $21.52M | $23.18M | $24.39M | $16.12M | $11.76M | $11.62M | $11.95M | $11.10M | $5.54M | $5.79M | $6.51M | $6.08M | $16.46M | $11.59M | $13.30M | $16.71M |
| High Forecast | $11.78M | $13.24M | $13.18M | $12.67M | $12.89M | $13.99M | $15.78M | $15.94M | $19.36M | $22.01M | $21.42M | $21.90M | $23.59M | $24.39M | $16.12M | $14.11M | $11.62M | $11.95M | $11.10M | $6.65M | $5.79M | $6.51M | $6.08M | $19.75M | $11.59M | $13.30M | $20.05M |
| Low Forecast | $11.35M | $12.75M | $12.69M | $12.35M | $12.10M | $13.47M | $15.69M | $15.94M | $17.61M | $22.01M | $20.63M | $21.10M | $22.73M | $24.39M | $16.12M | $9.41M | $11.62M | $11.95M | $11.10M | $4.43M | $5.79M | $6.51M | $6.08M | $13.17M | $11.59M | $13.30M | $13.37M |
| Surprise % | - | - | - | - | - | - | - | - | 0.66% | 0.69% | - | 0.71% | 0.68% | 0.79% | 0.69% | 1.00% | 0.91% | 1.07% | 1.05% | 2.05% | 1.65% | 1.31% | 1.66% | 0.61% | 0.83% | 0.84% | 0.65% |
Target Hospitality's average Quarter SG&A projection for Mar 24 is $15.94M, based on 1 Wall Street analysts, with a range of $15.94M to $15.94M. The forecast indicates a 30.73% rise compared to TH last annual SG&A of $12.20M (Dec 23).
Target Hospitality EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $0.45 | - | $0.44 | $0.32 | $0.20 | $0.24 | $0.01 | $0.03 | $0.07 | $-0.01 | $-0.14 | $-0.10 | $-0.08 | $-0.15 | $0.04 | - | $0.10 | $0.11 |
| Avg Forecast | $0.06 | $0.11 | $0.11 | $0.09 | $0.08 | $0.12 | $0.17 | $0.15 | $0.25 | $0.43 | $0.37 | $0.39 | $0.39 | $0.55 | $0.17 | $0.01 | $-0.02 | $0.02 | $0.01 | $-0.09 | $-0.11 | $-0.12 | $-0.11 | $0.06 | $0.08 | $0.15 | $0.15 |
| High Forecast | $0.06 | $0.11 | $0.11 | $0.10 | $0.08 | $0.12 | $0.17 | $0.15 | $0.38 | $0.43 | $0.38 | $0.40 | $0.40 | $0.55 | $0.17 | $0.01 | $-0.02 | $0.02 | $0.01 | $-0.09 | $-0.11 | $-0.12 | $-0.11 | $0.06 | $0.08 | $0.15 | $0.15 |
| Low Forecast | $0.06 | $0.10 | $0.10 | $0.08 | $0.07 | $0.12 | $0.16 | $0.15 | $0.13 | $0.43 | $0.36 | $0.38 | $0.38 | $0.55 | $0.17 | $0.01 | $-0.02 | $0.02 | $0.01 | $-0.09 | $-0.11 | $-0.12 | $-0.11 | $0.06 | $0.08 | $0.15 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | 0.00% | 1.04% | - | 1.12% | 0.82% | 0.36% | 1.44% | 0.75% | -1.73% | 3.50% | -1.00% | 1.56% | 0.87% | 0.67% | 1.33% | 0.62% | - | 0.66% | 0.74% |
According to 1 Wall Street analysts, Target Hospitality's projected average Quarter EPS for Mar 24 is $0.15, with a low estimate of $0.15 and a high estimate of $0.15. This represents a 36567.50% increase compared to TH previous annual EPS of - (Dec 23).
Target Hospitality Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| IMXI | International Money Express | $20.70 | $28.00 | 35.27% | Buy |
| OSW | OneSpaWorld | $19.96 | $24.00 | 20.24% | Buy |
| TH | Target Hospitality | $9.41 | $9.75 | 3.61% | Buy |
| KLXE | KLX Energy Services | $4.56 | $4.50 | -1.32% | Hold |
| BBCP | Concrete Pumping | $6.64 | $6.50 | -2.11% | Hold |
| ULH | Universal Logistics | $47.15 | $36.00 | -23.65% |