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Target Hospitality Corp. (TH)

Industrials | Specialty Business Services | The Woodlands, United States | NasdaqCM
14.84 USD +0.17 (1.159%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 14.78 -0.06 (-0.060%) ⇩ (April 17, 2026, 7:18 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:29 p.m. EDT

Despite fundamental distress indicators (negative operating margins, high forward P/E, debt near equity), Target Hospitality (TH) presents a high-conviction short-term momentum play driven by a massive spread in analyst price targets ($15.00 low vs $18.00 high) and recent contract wins. Current price action confirms this as the stock trades near its 52-week high, while options flow concentrates on upside targets in the $17–$18 range. Long-term investors must remain cautious due to the company's unprofitable status and high valuation metrics, but the next 30 days appear structurally bullish based on the disconnect between current earnings and contract-winning growth narrative.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.171622
AutoETS0.172377
AutoTheta0.177271
AutoARIMA0.232478

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 22%
H-stat 40.23
Ljung-Box p 0.000
Jarque-Bera p 0.005
Excess Kurtosis 0.40
Attribute Value
Sector Industrials
Debt to Equity Ratio 2.749
Revenue per Share 3.222
Market Cap 1,486,273,536
Forward P/E 43.65
Beta 1.12
Profit Margins -11.58%
Website https://www.targethospitality.com

As of April 18, 2026, 10:29 p.m. EDT: Options positioning shows a distinct bullish tilt for the near term. In the April 17 and May 15 expirations, Out-of-the-Money (OTM) Call OI at the $17–$18 strikes significantly outweighs Put OI, suggesting a 'long gamma' expectation where profitable trades are limited to a small move up. Iron condor volatility (implied by the spread between ATM Call IV of ~0.36–0.59 and ATM Put IV of ~0.84) indicates market makers are pricing in a sharp short-term downside risk if the price dips, yet the gross Open Interest hangs higher on the upside. Speculators are positioning for a continuation of the recent 60% rally, with a clear 'butterfly' concentration at strikes above the current price, betting on momentum rather than a crash.


Info Dump

Attribute Value
52 Week Change 1.3370078
Address1 9,320 Lakeside Boulevard
Address2 Suite 300
All Time High 18.48
All Time Low 0.82
Ask 14.9
Ask Size 2
Audit Risk 6
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 896,920
Average Daily Volume3 Month 689,029
Average Volume 689,029
Average Volume10Days 896,920
Beta 1.118
Bid 14.8
Bid Size 2
Board Risk 7
Book Value 3.9
City The Woodlands
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.84
Current Ratio 0.873
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 14.96
Day Low 14.5501
Debt To Equity 2.749
Earnings Call Timestamp End 1,773,234,000
Earnings Call Timestamp Start 1,773,234,000
Earnings Timestamp 1,773,232,200
Earnings Timestamp End 1,778,502,600
Earnings Timestamp Start 1,778,502,600
Ebitda 42,565,000
Ebitda Margins 0.13274999
Enterprise To Ebitda 34.919
Enterprise To Revenue 4.636
Enterprise Value 1,486,324,608
Eps Current Year -0.18333
Eps Forward 0.34
Eps Trailing Twelve Months -0.37
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 281 362 5435
Fifty Day Average 9.608
Fifty Day Average Change 5.2320004
Fifty Day Average Change Percent 0.54454625
Fifty Two Week Change Percent 133.70078
Fifty Two Week High 15.1
Fifty Two Week High Change -0.26000023
Fifty Two Week High Change Percent -0.017218558
Fifty Two Week Low 5.97
Fifty Two Week Low Change 8.870001
Fifty Two Week Low Change Percent 1.4857624
Fifty Two Week Range 5.97 - 15.1
Financial Currency USD
First Trade Date Milliseconds 1,520,861,400,000
Float Shares 31,960,890
Forward Eps 0.34
Forward P E 43.64706
Free Cashflow 17,257,124
Full Exchange Name NasdaqCM
Full Time Employees 902
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.31139
Gross Profits 99,841,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03434
Held Percent Institutions 0.98433995
Implied Shares Outstanding 100,153,204
Industry Specialty Business Services
Industry Disp Specialty Business Services
Industry Key specialty-business-services
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. It operates through Hospitality & Facilities Services – South, Workforce Hospitality Solutions, and Government segments. The company owns a network of specialty rental accommodation units. It also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services. In addition, the company offers construction services. It serves the U.S. government contractors and investment grade natural resource development companies. Target Hospitality Corp. was founded in 1978 and is headquartered in The Woodlands, Texas.
Long Name Target Hospitality Corp.
Market us_market
Market Cap 1,486,273,536
Market State CLOSED
Max Age 86,400
Message Board Id finmb_591263708
Most Recent Quarter 1,767,139,200
Net Income To Common -37,121,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,478,462,762
Number Of Analyst Opinions 3
Open 14.83
Operating Cashflow 74,092,000
Operating Margins -0.14538999
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 1.45
Phone 800 832 4242
Post Market Change -0.06000042
Post Market Change Percent -0.4043155
Post Market Price 14.78
Post Market Time 1,776,467,921
Previous Close 14.67
Price Eps Current Year -80.94693
Price Hint 2
Price To Book 3.805128
Price To Sales Trailing12 Months 4.6354065
Profit Margins -0.11577
Quick Ratio 0.793
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.17
Regular Market Change Percent 1.15883
Regular Market Day High 14.96
Regular Market Day Low 14.5501
Regular Market Day Range 14.5501 - 14.96
Regular Market Open 14.83
Regular Market Previous Close 14.67
Regular Market Price 14.84
Regular Market Time 1,776,456,000
Regular Market Volume 568,256
Return On Assets -0.03081
Return On Equity -0.091529995
Revenue Growth 0.073
Revenue Per Share 3.222
Sand P52 Week Change 0.38150132
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 5
Shares Outstanding 99,559,782
Shares Percent Shares Out 0.0242
Shares Short 2,412,540
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,692,548
Short Name Target Hospitality Corp.
Short Percent Of Float 0.0765
Short Ratio 4.67
Source Interval 15
State TX
Symbol TH
Target High Price 18.0
Target Low Price 15.0
Target Mean Price 16.0
Target Median Price 15.0
Total Cash 10,448,000
Total Cash Per Share 0.104
Total Debt 10,696,000
Total Revenue 320,635,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.37
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.305725
Two Hundred Day Average Change 6.534275
Two Hundred Day Average Change Percent 0.7867194
Type Disp Equity
Volume 568,256
Website https://www.targethospitality.com
Zip 77,381