Target Hospitality Delivers Outstanding Second Quarter 2021 Results Driving Robust Cash Flows as Diversification Strategy Strengthens

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Go back to Target Hospitality Delivers Outstanding Second Quarter 2021 Results Driving Robust Cash Flows as Diversification Strategy Strengthens

Target Hospitality (TH) PT Raised to $5 at Stifel

August 11, 2021 5:16 PM EDT

Stifel analyst Stephen Gengaro raised the price target on Target Hospitality (NASDAQ: TH) to $5.00 (from $4.50) while maintaining a Buy rating.

The analyst commented, "TH delivered better-than-expected EBITDA and FCF, reiterated full-year guidance and indicated new contracts could be on the horizon. We believe... More

Target Hospitality (TH) Misses Q2 EPS by 2c, Offers Outlook

August 11, 2021 6:50 AM EDT

Target Hospitality (NASDAQ: TH) reported Q2 EPS of ($0.01), $0.02 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $75 million versus the consensus estimate of $72.03 million.

GUIDANCE:

Target Hospitality sees FY2021 revenue of $235-245 million vs $267.3 consensus.

Adjusted EBITDA(1) between $97 and... More