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

Target Hospitality Corp. (NASDAQ:TH) CEO James Archer bought 27,500 shares of the stock in a transaction on Wednesday, November 11th. The stock was purchased at an average price of $11.37 per share, for a total transaction of $312,675.00. Following the completion of the purchase, the chief executive officer owned 1,872,941 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is available through this hyperlink.

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

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

Target Hospitality Stock Up 14.6%

TH stock opened at $11.80 on Thursday. The stock has a fifty day moving average of $17.06 and a 200-day moving average of $14.86. Target Hospitality Corp. has a fifty-two week low of $6.10 and a fifty-two week high of $21.76. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of -25.65 and a beta of 1.56. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.65 and a current ratio of 0.45.

Target Hospitality (NASDAQ:TH) last announced its quarterly earnings data on Monday, November 9th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $129.06 million during the quarter, compared to the consensus estimate of $118.35 million. Target Hospitality had a negative net margin of 12.23% and a negative return on equity of 12.29%. As a group, equities research analysts predict that Target Hospitality Corp. will post -0.04 earnings per share for the current year.

Trending Headlines about Target Hospitality

Here are a few of the latest headlines about TH:

• Positive Sentiment: Q3 revenue rose 30% as workforce-housing contracts expanded, and management outlined strong revenue and EBITDA growth through 2027. TH Q3 Earnings Call Highlights Contract Growth and 2027 Outlook
• Positive Sentiment: Target Hospitality reaffirmed its full-year 2026 earnings guidance, supporting confidence in its near-term outlook. Target Hospitality Reaffirms 2026 Earnings Guidance
• Positive Sentiment: Northland Securities raised its FY2027 EPS estimate slightly, from $1.07 to $1.08.

Institutional Trading of Target Hospitality

A number of hedge funds and other institutional investors have recently bought and sold shares of TH. BlackRock Inc. purchased a new stake in Target Hospitality in the 2nd quarter worth approximately $64,312,000. HighTower Advisors LLC grew its position in shares of Target Hospitality by 4.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,922,248 shares of the company’s stock valued at $37,907,000 after purchasing an additional 79,981 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Target Hospitality by 21.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,428,773 shares of the company’s stock worth $13,259,000 after purchasing an additional 252,212 shares during the period. Senator Investment Group LP purchased a new stake in shares of Target Hospitality in the second quarter worth $28,491,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Target Hospitality by 15.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,081,081 shares of the company’s stock worth $10,032,000 after buying an additional 147,950 shares in the last quarter. Institutional investors own 32.40% of the company’s stock.

Analysts Set New Price Targets

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

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.