Target Hospitality/$TH
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Target Hospitality
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services, including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. The company has three reportable segments: HFS - South, which provides specialty rental and hospitality services to the natural resources and development industry; WHS, which provides construction and hospitality solutions for critical mineral and data center projects; and Government, which provides specialty rental and hospitality services under government contracts.
- Ticker
- $TH
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 902
- Headquarters
- The Woodlands, United States
- Website
- www.targethospitality.com
TH Metrics
BasicAdvanced
$1.4B
-
-$0.38
1.51
-
Price and volume
Market cap
$1.4B
Beta
1.51
52-week high
$21.76
52-week low
$5.97
Average daily volume
2.2M
Financial strength
Current ratio
0.646
Quick ratio
0.571
Long term debt to equity
0.108
Total debt to equity
0.131
Interest coverage (TTM)
-6.79%
Profitability
EBITDA (TTM)
44.568
Gross margin (TTM)
31.85%
Net profit margin (TTM)
-10.85%
Operating margin (TTM)
-10.01%
Effective tax rate (TTM)
8.85%
Revenue per employee (TTM)
$390,000
Management effectiveness
Return on assets (TTM)
-3.66%
Return on equity (TTM)
-9.77%
Valuation
Price to revenue (TTM)
3.933
Price to book
3.7
Price to tangible book (TTM)
4.62
Price to free cash flow (TTM)
139.067
Free cash flow yield (TTM)
0.72%
Free cash flow per share (TTM)
0.098
Growth
Revenue change (TTM)
11.92%
Earnings per share change (TTM)
-461.55%
3-year revenue growth (CAGR)
-16.81%
3-year earnings per share growth (CAGR)
-33.95%
What the Analysts think about TH
Analyst ratings (Buy, Hold, Sell) for Target Hospitality stock.
Analyst projections of the future price of Target Hospitality stock.
Bulls say / Bears say
Target has secured more than $1.7 billion of multi-year WHS contracts since January, including a new $250 million hyperscaler deal that uses existing assets and needs less than $15 million of capital. It raised 2026 revenue guidance to $435–445 million and adjusted EBITDA guidance to $105–115 million. (Target Hospitality)
Recent growth is showing up in results: second-quarter revenue rose 39% year on year to $85.5 million, while adjusted EBITDA increased more than fivefold to $18.2 million as WHS communities ramped up. Average utilisation also rose to 67% from 45% a year earlier. (Target Hospitality)
A new five-year, $660 million revolving credit facility, with borrowing costs up to 250 basis points lower than under the prior facility, gives Target greater financing flexibility as it builds out contracted projects. It also extends the facility’s maturity to 2031. (Target Hospitality)
Target remains loss-making despite the stronger adjusted EBITDA: it reported a second-quarter net loss of $9.0 million and a first-half net loss of $21.9 million. Sustained losses show that contract growth has yet to translate into positive bottom-line results. (Target Hospitality)
Growth requires heavy upfront investment: Target forecasts $490–510 million of 2026 capital spending against $105–115 million of adjusted EBITDA, while its large AI infrastructure contract needs $200–210 million of net capital investment, mostly in 2026. Delays or weaker utilisation could leave assets underused and put pressure on cash flow and leverage. (Target Hospitality, SEC)
The established HFS-South business is weakening: second-quarter revenue fell to $32.6 million from $36.2 million a year earlier, and utilisation dropped to 70% from 76%. Lower occupancy in this segment could offset some of the gains from new WHS contracts. (Target Hospitality)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
TH Financial Performance
Revenues and expenses
TH Earnings Performance
Company profitability
Upcoming events
No upcoming events
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Funds containing TH
Fund name | Fund size | $TH weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.02% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.02% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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