Previous Close | 11.10 |
Open | 11.39 |
Bid | 11.50 x 200 |
Ask | 11.53 x 200 |
Day's Range | 11.23 - 11.80 |
52 Week Range | 8.49 - 16.80 |
Volume | |
Avg. Volume | 587,300 |
Market Cap | 1.155B |
Beta (5Y Monthly) | 2.10 |
PE Ratio (TTM) | 7.38 |
EPS (TTM) | 1.56 |
Earnings Date | Aug 07, 2024 - Aug 12, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 11.33 |
Insights into Revenue, Net Income, and Strategic Developments Amidst Market Challenges
Target Hospitality (TH) delivered earnings and revenue surprises of 33.33% and 4.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Workforce housing company Target Hospitality (NASDAQ:TH) reported Q1 CY2024 results topping analysts' expectations, with revenue down 27.8% year on year to $106.7 million. The company's full-year revenue guidance of $417.5 million at the midpoint also came in slightly above analysts' estimates. It made a GAAP profit of $0.20 per share, down from its profit of $0.38 per share in the same quarter last year.