News Image

High growth, ROE and relative strength for NASDAQ:TH, growth investors may appreciate this.

By Mill Chart

Last update: Sep 12, 2023

In this article we will dive into TARGET HOSPITALITY CORP (NASDAQ:TH) as a possible candidate for growth investing. Investors should always do their own research, but we noticed TARGET HOSPITALITY CORP showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

  • The quarterly earnings of TARGET HOSPITALITY CORP have shown a 83.33% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • TARGET HOSPITALITY CORP has experienced 30.99% q2q revenue growth, indicating a significant sales increase.
  • The EPS of TARGET HOSPITALITY CORP has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • TARGET HOSPITALITY CORP showcases a robust Return on Equity (ROE) of 48.52%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • The Relative Strength (RS) of TARGET HOSPITALITY CORP has consistently been strong, with a current 82.09 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. TARGET HOSPITALITY CORP demonstrates promising potential for sustained 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.
  • With 31.96% of the total shares held by institutional investors, TARGET HOSPITALITY CORP showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Overall TH gets a technical rating of 8 out of 10. Although TH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • TH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
  • Looking at the yearly performance, TH did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
  • TH is part of the Hotels, Restaurants & Leisure industry. There are 141 other stocks in this industry, TH did better than 70% 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.

Our latest full technical report of TH contains the most current technical analsysis.

How does the complete fundamental picture look for NASDAQ:TH?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to TH. TH was compared to 141 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on TH. With these ratings, TH could be worth investigating further for value and quality investing!.

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.


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.



NASDAQ:TH (12/8/2023, 7:19:13 PM)

After market: 10.89 0 (0%)


+0.11 (+1.02%)

TH News

News Image12 days ago - Target HospitalityTarget Hospitality to Participate in Bank of America 2023 Leveraged Finance Conference

/PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically...

News Image22 days ago - Market News VideoTarget Hospitality Becomes Oversold (TH)
News Image24 days ago - Market News VideoNotable Tuesday Option Activity: TJX, TH, SLG
News Imagea month ago - The Motley FoolWhy Target Hospitality Stock Jumped 16% on Wednesday

Target Hospitality delivered a strong third quarter and reiterated its full-year outlook. Here's what investors need to know.

News Imagea month ago - Seeking Alpha(NASDAQ:TH)

Target Hospitality (TH) reports impressive Q3 2023 results with revenue of $145.9M, beating expectations by $5.13M. Shares surge 12% in pre-market trading.

News Imagea month ago - Target HospitalityTarget Hospitality Reports Impressive Third Quarter 2023 Results and Announces Contract Award for Pecos Humanitarian Community

/PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of...

News Imagea month ago - Market News VideoNotable Monday Option Activity: TH, CELH, PPC
News Imagea month ago - Target HospitalityTarget Hospitality Announces Third Quarter Earnings Release and Conference Call Schedule

/PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically...

News Imagea month ago - Target HospitalityArrow Bidco, LLC Announces Settlement of the Exchange Offer and Consent Solicitation in respect of its Senior Secured Notes; Further Optimizing Financial Flexibility and Liquidity Profile

/PRNewswire/ -- Arrow Bidco, LLC (the "Issuer"), a Delaware limited liability company and an indirect subsidiary of Target Hospitality Corp. ("Target...

News Imagea month ago - Market News VideoCommit To Purchase Target Hospitality At $12.50, Earn 22.9% Annualized Using Options
News Imagea month ago - Market News VideoNotable Friday Option Activity: TH, EPR, GTLS
News Image2 months ago - Market News VideoNoteworthy Thursday Option Activity: SMTC, WSM, TH
TH Links
Follow us for more