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Exploring NASDAQ:TH's CANSLIM characteristics.

By Mill Chart

Last update: Oct 24, 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 course 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.

  • TARGET HOSPITALITY CORP has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 83.33% increase. This indicates improving financial performance and the company's effective management of its operations.
  • 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.
  • The 3-year EPS growth of TARGET HOSPITALITY CORP (119.0%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
  • The Return on Equity (ROE) of TARGET HOSPITALITY CORP stands at 48.52%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • TARGET HOSPITALITY CORP has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 92.4 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. TARGET HOSPITALITY CORP is well-positioned for potential price growth opportunities.
  • Maintaining a Debt-to-Equity ratio of 0.0, TARGET HOSPITALITY CORP demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With 31.93% 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.

Zooming in on the technicals.

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 2 out of 10. TH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • TH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 88% of 139 stocks in the same industry.
  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • Looking at the yearly performance, TH did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
  • TH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

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.

Taking everything into account, TH scores 7 out of 10 in our fundamental rating. TH was compared to 139 industry peers in the Hotels, Restaurants & Leisure industry. TH gets an excellent profitability rating and is at the same time showing great financial health properties. TH scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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TARGET HOSPITALITY CORP

NASDAQ:TH (4/26/2024, 7:19:25 PM)

After market: 11.12 0 (0%)

11.12

+0.04 (+0.36%)

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