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Exploring NASDAQ:TH's growth characteristics.

By Mill Chart

Last update: Aug 22, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if TARGET HOSPITALITY CORP (NASDAQ:TH) is suited for growth investing. Investors should of couse do their own research, but we spotted TARGET HOSPITALITY CORP showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NASDAQ:TH may be interesting for canslim investors.

  • The EPS of TARGET HOSPITALITY CORP has exhibited growth from one quarter to another (Q2Q), with a 83.33% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
  • The q2q revenue growth of 30.99% of TARGET HOSPITALITY CORP highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • TARGET HOSPITALITY CORP has experienced 119.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • With a solid Return on Equity (ROE) of 48.52%, TARGET HOSPITALITY CORP exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
  • TARGET HOSPITALITY CORP has exhibited strong Relative Strength(RS) in recent periods, with a current 81.14 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. TARGET HOSPITALITY CORP shows promising potential for continued price momentum.
  • TARGET HOSPITALITY CORP exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • TARGET HOSPITALITY CORP exhibits a favorable ownership structure, with an institutional shareholder ownership of 31.96%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

What is the technical picture of NASDAQ:TH telling us.

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

We assign a technical rating of 9 out of 10 to TH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TH is showing a nice and steady performance.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, TH did better than 81% of all other stocks.
  • In the last month TH has a been trading in the 12.33 - 15.58 range, which is quite wide. It is currently trading near the high of this range.
  • TH is part of the Hotels, Restaurants & Leisure industry. There are 143 other stocks in this industry, TH did better than 64% of them.
  • TH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TH is lagging the market slightly.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Check the latest full technical report of TH for a complete technical analysis.

What is the full fundamental picture of NASDAQ:TH telling us.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

TH gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 143 industry peers in the Hotels, Restaurants & Leisure industry. TH scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TH may be a bit undervalued, certainly considering the very reasonable score on growth These ratings could make TH a good candidate for value and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of TH

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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TARGET HOSPITALITY CORP

NASDAQ:TH (5/17/2024, 7:00:01 PM)

After market: 11.41 0 (0%)

11.41

-0.1 (-0.87%)

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