Stocks · Industrials · Specialty Business Services
Target Hospitality Corp. TH
$18.84 -8.01% Close, Oct 2, 2026 · NASDAQ · Market cap $1.88B
Strong trend
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-0.38, down 478.0% year over year.
- Operating margin narrowed to -9.6% from 10.0% a year earlier.
- Over the past year the stock returned +133.2%, ahead of the S&P 500 by 118.1 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 36%
- EPS growth (TTM, YoY)Bottom 2%
- FCF growth (TTM, YoY)Top 15%
- Revenue growth, 3-year CAGRBottom 5%
- Revenue growth accelerationTop 6%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 17%
- Gross marginBottom 7%
- Operating marginBottom 13%
- Accruals (lower is better)Top 3%
- Net debt / EBITDA (lower is better)Top 21%
- Interest coverBottom 9%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 28%
- Free-cash-flow yieldTop 33%
- EBITDA / enterprise valueBottom 21%
- Sales / enterprise valueBottom 16%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 2%
- 6-month returnTop 18%
- 1-year return vs S&P 500Top 2%
- Distance from 52-week highTop 23%
- Trend checklist (0–4)Top 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 48%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyTop 4%
- Upside to consensus price targetTop 47%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 27%
- Maximum drawdown, 3 yearsBottom 22%
- Beta vs S&P 500 (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Top 21%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -7.4% | 11.9% | ↑ |
| EPS growth (YoY) | -201.9% | -478.0% | ↓ |
| Gross margin | 27.4% | 7.3% | ↓ |
| Operating margin | 10.0% | -9.6% | ↓ |
| FCF margin | 14.2% | 25.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.9% | -7.4% | ↑ | Top 36% |
| EPS growth (TTM, YoY) | -478.0% | -201.9% | ↓ | Bottom 2% |
| Gross margin | 7.3% | 27.4% | ↓ | Bottom 7% |
| Operating margin | -9.6% | 10.0% | ↓ | Bottom 13% |
| Net margin | -10.8% | 3.6% | ↓ | — |
| Free-cash-flow margin | 25.6% | 14.2% | ↑ | — |
| Return on invested capital | -5.4% | — | Bottom 17% | |
| Revenue growth, 3-year CAGR | -13.9% | — | Bottom 5% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -31.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -24.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.07×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -11.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.01%
- Shareholder yield
- -0.01%
- Share count change, 1 year
- +0.8%
- Share count change, 3-year CAGR
- -1.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +5.5%
- Average 2-day reaction, last 8
- +5.5%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $25.20
- Target vs current price
- +33.8%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 100%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 10, 2026 | +15.1% | -2.7% | +5.6% | +18.2% | — |
| May 11, 2026 | -18.2% | +17.9% | +21.7% | +9.0% | +2.8% |
| Mar 11, 2026 | -50.0% | +13.8% | +17.7% | +79.7% | +110.7% |
| Nov 6, 2025 | +75.0% | -15.5% | -17.6% | +0.6% | -7.4% |
| Aug 7, 2025 | -36.4% | +12.1% | +10.4% | +19.0% | +4.4% |
| May 19, 2025 | -150.0% | +5.1% | +3.8% | -1.5% | +13.5% |
| Mar 26, 2025 | +100.0% | +6.4% | +10.8% | +4.7% | +15.5% |
| Nov 12, 2024 | +66.7% | +6.8% | -9.2% | -6.5% | +0.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 10, 2026 | -$0.09 | -$0.11 | +15.1% | $85.5M |
| May 11, 2026 | -$0.13 | -$0.11 | -18.2% | $72.8M |
| Mar 11, 2026 | -$0.15 | -$0.10 | -50.0% | $89.8M |
| Nov 6, 2025 | -$0.01 | -$0.04 | +75.0% | $99.4M |
| Aug 7, 2025 | -$0.15 | -$0.11 | -36.4% | $61.6M |
| May 19, 2025 | -$0.05 | -$0.02 | -150.0% | $69.9M |
| Mar 26, 2025 | $0.12 | $0.06 | +100.0% | $83.7M |
| Nov 12, 2024 | $0.20 | $0.12 | +66.7% | $95.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 59.4× | — | — | Bottom 21% |
| EV / Sales | 5.41× | — | — | Bottom 16% |
| Free-cash-flow yield | 4.74% | — | — | Top 33% |
| Earnings yield | -2.01% | — | — | Bottom 28% |
P/E over the past five years
Range 5.5× – 81.8× since Mar 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +133.2%
- Earnings per share growth (TTM)
- -478.0%
- Change in P/E multiple
- +800.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 26
- Days above the 200-day average
- 148
- 50-day average slope (20 days)
- +4.4%
- 200-day average slope (20 days)
- +9.6%
- Distance from 50-day average
- +4.3%
- Distance from 200-day average
- +34.8%
- RSI (14)
- 46.2
- Relative volume
- 3.70×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 61.0%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.96
- Correlation with S&P 500
- 0.22
- Current drawdown from 1-year high
- -12.2%
- Maximum drawdown, 3 years
- -69.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 13, 2023 | Feb 24, 2025 | -71.9% | 528 days | 304 days (May 11, 2026) |
| Nov 12, 2021 | Jan 27, 2022 | -41.8% | 51 days | 30 days (Mar 11, 2022) |
| Apr 7, 2021 | May 13, 2021 | -36.8% | 26 days | 10 days (May 27, 2021) |
| Oct 8, 2020 | Oct 28, 2020 | -36.2% | 14 days | 6 days (Nov 5, 2020) |
| May 3, 2022 | Jul 6, 2022 | -33.9% | 43 days | 2 days (Jul 8, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.88B
- EPS, diluted (TTM)
- -$0.38
- Revenue (TTM)
- $347.4M
- 52-week range
- $5.97 – $21.76
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $291.3M | $502.0M | $563.6M | $386.3M | $320.6M |
| Gross profit | $101.3M | $247.1M | $313.3M | $178.2M | $13.0M |
| Operating income | $37.1M | $174.4M | $240.6M | $108.8M | -$28.3M |
| Net income | -$4.6M | $73.9M | $173.7M | $71.3M | -$37.1M |
| EPS (diluted) | -$0.05 | $0.74 | $1.56 | $0.70 | -$0.37 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $95.2M | $83.7M | $69.9M | $61.6M | $99.4M | $89.8M | $72.8M | $85.5M |
| Net income | $20.0M | $12.5M | -$6.5M | -$14.9M | -$795,000 | -$14.9M | -$12.9M | -$9.0M |
| EPS (diluted) | $0.20 | $0.12 | -$0.07 | -$0.15 | -$0.01 | -$0.15 | -$0.13 | -$0.09 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $104.6M | $305.6M | $156.8M | $151.7M | $74.1M |
| Capital expenditure | -$35.5M | -$140.8M | -$68.4M | -$30.2M | -$67.8M |
| Free cash flow | $69.1M | $164.8M | $88.4M | $121.4M | $6.3M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$99,000 | $0 | -$6.8M | -$33.5M | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $6.1M
- Total assets
- $654.2M
- Total liabilities
- $284.4M
- Total debt
- $8.3M
- Net debt
- $2.2M
- Shareholders’ equity
- $370.1M
As of Jun 30, 2026 (filed Aug 10, 2026).
Short interest
- Shares sold short
- 3,818,331
- Days to cover
- 1.62
- Change vs previous report
- -11.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 6, 2012
- 5-for-1