Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Target Hospitality Corp before investing.

In this article, we go over a few key elements for understanding Target Hospitality Corp’s stock price such as:

• Target Hospitality Corp’s current stock price and volume
• Why Target Hospitality Corp’s stock price changed recently
• Upgrades and downgrades for TH from analysts
• TH’s stock price momentum as measured by its relative strength

About Target Hospitality Corp (TH)

Before we jump into Target Hospitality Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Target Hospitality Corp. offers vertically integrated specialty rental and hospitality services companies in North America. The Company operates through three segments: HFS - South, Government, and All Other. HFS - South Segment operations consist primarily of specialty rental and vertically integrated hospitality services revenue from customers in the natural resources and development industry located primarily in Texas and New Mexico. Government Segment operations consist primarily of specialty rental and vertically integrated hospitality services revenue from customers with government contracts located in Texas. All Other Segment operations consist primarily of revenue from specialty rental and vertically integrated hospitality services revenue from customers primarily in the natural resources and development industry located outside the HFS - South segment. The Company provides specialty rental accommodations, culinary services, and hospitality solutions.

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Target Hospitality Corp’s Stock Price as of Market Close

As of March 25, 2024, 4:00 PM, CST, Target Hospitality Corp’s stock price was $11.12.

Target Hospitality Corp is up 24.66% from its previous closing price of $8.92.

During the last market session, Target Hospitality Corp’s stock traded between $8.87 and $9.29. Currently, there are 101.66 million shares of Target Hospitality Corp stock available for purchase.

Target Hospitality Corp’s price-earnings (P/E) ratio is currently at 5.4, which is low compared to the Hotels, Motels & Cruise Lines industry median of 23.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Target Hospitality Corp Stock Price History

Target Hospitality Corp’s (TH) price is currently up 14.88% so far this month.

During the month of March, Target Hospitality Corp’s stock price has reached a high of $11.19 and a low of $8.50.

Over the last year, Target Hospitality Corp has hit prices as high as $16.89 and as low as $8.50. Year to date, Target Hospitality Corp’s stock is down 26.55%.

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What Caused Target Hospitality Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 22, 2024, there was 1 analyst who downgraded Target Hospitality Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Target Hospitality Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Target Hospitality Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Target Hospitality Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Target Hospitality Corp (TH) by visiting AAII Stock Evaluator.

Relative Price Strength of Target Hospitality Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 22, 2024, Target Hospitality Corp has a weighted four-quarter relative price strength of -15.94%, which translates to a Momentum Score of 22 and is considered to be Weak.

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Target Hospitality Corp Stock Price: Bottom Line

As of March 25, 2024, Target Hospitality Corp’s stock price is $11.12, which is up 24.66% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Target Hospitality Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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