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Target Hospitality

Nasdaq:TH
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TH
Nasdaq
$144M
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Target Hospitality Corp. operates as a specialty rental and hospitality services company in the United States. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Target Hospitality has significant price volatility in the past 3 months.
TH Share Price and Events
7 Day Returns
-23.7%
NasdaqCM:TH
-14.3%
US Hospitality
-4.1%
US Market
1 Year Returns
-84.9%
NasdaqCM:TH
-50.9%
US Hospitality
-14.9%
US Market
TH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Target Hospitality (TH) -23.7% -67.2% -68.6% -84.9% - -
US Hospitality -14.3% -41.1% -53.1% -50.9% -43.2% -42.5%
US Market -4.1% -19.1% -23.4% -14.9% 3.5% 14.5%
1 Year Return vs Industry and Market
  • TH underperformed the Hospitality industry which returned -50.9% over the past year.
  • TH underperformed the Market in United States of America which returned -14.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

TH Value

 Is Target Hospitality undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Target Hospitality to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Target Hospitality.

NasdaqCM:TH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:TH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.8
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.805 (1 + (1- 21%) (281.46%))
2.068
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (2 * 5.44%)
12.62%

Discounted Cash Flow Calculation for NasdaqCM:TH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Target Hospitality is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqCM:TH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.62%)
2020 56.80 Analyst x3 50.44
2021 61.63 Analyst x3 48.59
2022 65.20 Est @ 5.78% 45.64
2023 68.18 Est @ 4.57% 42.38
2024 70.71 Est @ 3.72% 39.03
2025 72.92 Est @ 3.13% 35.74
2026 74.90 Est @ 2.71% 32.60
2027 76.71 Est @ 2.42% 29.64
2028 78.41 Est @ 2.22% 26.91
2029 80.04 Est @ 2.07% 24.39
Present value of next 10 years cash flows $375.00
NasdaqCM:TH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $80.04 × (1 + 1.74%) ÷ (12.62% – 1.74%)
$748.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $748.42 ÷ (1 + 12.62%)10
$228.03
NasdaqCM:TH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $375.00 + $228.03
$603.03
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $603.03 / 97.28
$6.2
NasdaqCM:TH Discount to Share Price
Calculation Result
Value per share (USD) From above. $6.20
Current discount Discount to share price of $1.48
= -1 x ($1.48 - $6.20) / $6.20
76.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Target Hospitality is available for.
Intrinsic value
>50%
Share price is $1.48 vs Future cash flow value of $6.2
Current Discount Checks
For Target Hospitality to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Target Hospitality's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Target Hospitality's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Target Hospitality's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Target Hospitality's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:TH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.07
NasdaqCM:TH Share Price ** NasdaqCM (2020-04-02) in USD $1.48
United States of America Hospitality Industry PE Ratio Median Figure of 65 Publicly-Listed Hospitality Companies 11.98x
United States of America Market PE Ratio Median Figure of 2,944 Publicly-Listed Companies 12.5x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Target Hospitality.

NasdaqCM:TH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:TH Share Price ÷ EPS (both in USD)

= 1.48 ÷ 0.07

22.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Target Hospitality is overvalued based on earnings compared to the US Hospitality industry average.
  • Target Hospitality is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Target Hospitality's expected growth come at a high price?
Raw Data
NasdaqCM:TH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
31.4%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 50 Publicly-Listed Hospitality Companies 0.55x
United States of America Market PEG Ratio Median Figure of 2,008 Publicly-Listed Companies 0.91x

*Line of best fit is calculated by linear regression .

NasdaqCM:TH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.43x ÷ 31.4%

0.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Target Hospitality is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Target Hospitality's assets?
Raw Data
NasdaqCM:TH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.29
NasdaqCM:TH Share Price * NasdaqCM (2020-04-02) in USD $1.48
United States of America Hospitality Industry PB Ratio Median Figure of 106 Publicly-Listed Hospitality Companies 1.19x
United States of America Market PB Ratio Median Figure of 5,142 Publicly-Listed Companies 1.22x
NasdaqCM:TH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:TH Share Price ÷ Book Value per Share (both in USD)

= 1.48 ÷ 1.29

1.15x

* Primary Listing of Target Hospitality.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Target Hospitality is good value based on assets compared to the US Hospitality industry average.
X
Value checks
We assess Target Hospitality's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Target Hospitality has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TH Future Performance

 How is Target Hospitality expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Target Hospitality expected to grow at an attractive rate?
  • Target Hospitality's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Target Hospitality's earnings growth is expected to exceed the United States of America market average.
  • Target Hospitality's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:TH Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:TH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 31.4%
NasdaqCM:TH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts -4.2%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.8%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 8.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:TH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:TH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 323 40 1
2021-12-31 274 65 25 5
2020-12-31 269 60 27 5
2020-04-03
NasdaqCM:TH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 321 60 6
2019-09-30 341 55 10
2019-06-30 320 38 1
2019-03-31 284 16 -5
2018-12-31 241 26 5
2018-09-30 184 24 -12
2018-06-30 160 27 -6
2018-03-31 144 34 -7
2017-12-31 134 41 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Target Hospitality's earnings are expected to grow significantly at over 20% yearly.
  • Target Hospitality's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:TH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Target Hospitality Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:TH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.41 0.41 0.41 1.00
2021-12-31 0.27 0.51 0.06 4.00
2020-12-31 0.28 0.45 0.09 3.00
2020-04-03
NasdaqCM:TH Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.07
2019-09-30 0.10
2019-06-30 0.01
2019-03-31 -0.05
2018-12-31 0.12
2018-09-30 -0.31
2018-06-30 -0.23
2018-03-31 -0.27
2017-12-31 0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Target Hospitality is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Target Hospitality's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Target Hospitality has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TH Past Performance

  How has Target Hospitality performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Target Hospitality's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Target Hospitality's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Target Hospitality's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Target Hospitality's earnings growth has exceeded the US Hospitality industry average in the past year (25.8% vs 1.6%).
Earnings and Revenue History
Target Hospitality's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Target Hospitality Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:TH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 321.10 6.24 37.79
2019-09-30 341.14 10.05 33.29
2019-06-30 319.82 1.33 26.42
2019-03-31 283.94 -4.83 46.15
2018-12-31 240.60 4.96 19.63
2018-09-30 183.56 -11.79 17.78
2018-06-30 159.79 -6.03 18.09
2018-03-31 143.60 -6.83 21.86
2017-12-31 134.24 0.98 15.54
2016-12-31 149.47 26.91 15.79

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Target Hospitality has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Target Hospitality used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.
  • Target Hospitality has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Target Hospitality's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Target Hospitality has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TH Health

 How is Target Hospitality's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Target Hospitality's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Target Hospitality's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Target Hospitality's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Target Hospitality's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Target Hospitality Company Filings, last reported 3 months ago.

NasdaqCM:TH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 123.40 403.26 6.79
2019-09-30 140.48 392.45 3.54
2019-06-30 135.83 391.24 10.39
2019-03-31 125.18 360.49 23.12
2018-12-31 348.99 129.86 12.19
2018-09-30 32.63 277.10 3.98
2018-06-30 24.43 278.61 5.64
2018-03-31 24.90 252.55 12.53
2017-12-31 24.90 250.85 12.53
2016-12-31 310.57 29.85 3.81
  • Target Hospitality's level of debt (326.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if Target Hospitality's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (15%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Target Hospitality's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Target Hospitality has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TH Dividends

 What is Target Hospitality's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Target Hospitality dividends. Estimated to be 0% next year.
If you bought $2,000 of Target Hospitality shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Target Hospitality's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Target Hospitality's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:TH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 6.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1941 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:TH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-04-03

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Target Hospitality has not reported any payouts.
  • Unable to verify if Target Hospitality's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Target Hospitality's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Target Hospitality has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Target Hospitality's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Target Hospitality's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Target Hospitality afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Target Hospitality has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TH Management

 What is the CEO of Target Hospitality's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brad Archer
COMPENSATION $1,973,855
AGE 48
TENURE AS CEO 6.3 years
CEO Bio

Mr. James Bradley Archer, also known as Brad, serves as Chief Executive Officer of Target Hospitality Corp. since 2014 and also serves as its President. Mr. Archer has been Non-Independent Director since 2019. He is responsible for running all facets of the business including the company’s strategy and operations. His extensive experience gives him a firsthand perspective on delivering customer focused, cost-effective and timely solutions to challenges around the world. Mr. Archer joined Target in 2009 as Chief Operating Officer. With 25 years in the specialty rental and hospitality industries, Mr. Archer is a proven leader with a track record of success in executive management which began with GE Capital Modular Space and then Resun Leasing from 1994 - 2004 where he primarily served in Senior Leadership roles ranging from Senior Vice President, VP of Operations and VP of Sales, before holding COO positions at other specialty rental and manufacturing companies.

CEO Compensation
  • Brad's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Brad's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Target Hospitality management team in years:

0.6
Average Tenure
45.5
Average Age
  • The average tenure for the Target Hospitality management team is less than 2 years, this suggests a new team.
Management Team

Brad Archer

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$2M
AGE
48
TENURE
6.3 yrs

Andy Aberdale

TITLE
COMPENSATION
$1M
AGE
53
TENURE
0.6 yrs

Troy Schrenk

TITLE
Chief Commercial Officer
COMPENSATION
$734K
AGE
44

Brian Lash

TITLE

Eric Kalamaras

TITLE
Executive VP & CFO
AGE
45
TENURE
0.6 yrs

Travis Kelley

TITLE
Senior Vice President of Operations

Jason Vlacich

TITLE
Chief Accounting Officer
AGE
41

Mark Schuck

TITLE
Senior Vice President of Investor Relations
TENURE
0.3 yrs

Heidi Lewis

TITLE
Executive VP
AGE
46

Margarita Salazar

TITLE
Vice President of Human Resources
Board of Directors Tenure

Average tenure and age of the Target Hospitality board of directors in years:

1.3
Average Tenure
57.5
Average Age
  • The average tenure for the Target Hospitality board of directors is less than 3 years, this suggests a new board.
Board of Directors

Steve Robertson

TITLE
Non-Executive Chairman of the Board
AGE
59
TENURE
1.3 yrs

Brad Archer

TITLE
CEO, President & Non-Independent Director
COMPENSATION
$2M
AGE
48
TENURE
1.3 yrs

Marty Jimmerson

TITLE
Independent Director
AGE
56
TENURE
1.3 yrs

Jeff Sagansky

TITLE
Independent Director
AGE
67
TENURE
2.3 yrs

Eli Baker

TITLE
Independent Director
AGE
44
TENURE
1.3 yrs

Gary Lindsay

TITLE
Non-Independent Director
TENURE
1.3 yrs

Andy Studdert

TITLE
Independent Director
AGE
62
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Target Hospitality individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. Mar 20 Buy Andrew Studdert Individual 16. Mar 20 16. Mar 20 45,653 $1.64 $74,871
16. Dec 19 Buy Eric Kalamaras Individual 13. Dec 19 13. Dec 19 15,582 $4.38 $68,249
10. Dec 19 Buy Troy Schenk Individual 09. Dec 19 09. Dec 19 1,419 $4.94 $7,010
03. Dec 19 Buy Eric Kalamaras Individual 02. Dec 19 02. Dec 19 8,208 $4.53 $37,182
26. Nov 19 Buy Troy Schenk Individual 25. Nov 19 26. Nov 19 8,972 $4.98 $43,045
26. Nov 19 Buy Andrew Studdert Individual 25. Nov 19 25. Nov 19 20,000 $4.82 $96,400
26. Nov 19 Buy Eric Kalamaras Individual 25. Nov 19 25. Nov 19 5,150 $4.45 $22,918
25. Nov 19 Buy Eric Kalamaras Individual 22. Nov 19 22. Nov 19 3,800 $4.39 $16,682
19. Aug 19 Buy Stephen Robertson Individual 16. Aug 19 16. Aug 19 175,000 $6.77 $1,184,750
20. Nov 19 Buy Eric Kalamaras Individual 19. Nov 19 19. Nov 19 3,000 $3.89 $11,670
27. Aug 19 Buy Jeffrey Sagansky Individual 26. Aug 19 26. Aug 19 20,000 $5.95 $119,000
26. Aug 19 Buy James Archer Individual 23. Aug 19 23. Aug 19 64,084 $6.24 $399,884
23. Aug 19 Buy Martin Jimmerson Individual 23. Aug 19 23. Aug 19 5,000 $6.25 $31,250
21. Aug 19 Buy Martin Jimmerson Individual 20. Aug 19 20. Aug 19 5,000 $6.75 $33,750
21. Aug 19 Buy Jeffrey Sagansky Individual 20. Aug 19 20. Aug 19 25,000 $6.67 $166,750
20. Aug 19 Buy Andrew Studdert Individual 20. Aug 19 20. Aug 19 10,000 $6.70 $67,000
20. Aug 19 Buy Gary Lindsay Individual 19. Aug 19 19. Aug 19 2,935 $6.99 $20,516
19. Aug 19 Buy Andrew Studdert Individual 16. Aug 19 19. Aug 19 30,000 $7.07 $211,300
19. Aug 19 Buy Eli Baker Individual 19. Aug 19 19. Aug 19 7,500 $6.85 $51,375
19. Aug 19 Buy Gary Lindsay Individual 16. Aug 19 16. Aug 19 33,000 $6.95 $229,350
16. Aug 19 Buy Jeffrey Sagansky Individual 16. Aug 19 16. Aug 19 55,000 $6.93 $381,150
23. May 19 Buy Troy Schenk Individual 21. May 19 21. May 19 3,200 $10.93 $34,976
20. May 19 Buy Andrew Studdert Individual 17. May 19 17. May 19 10,000 $10.78 $107,800
20. May 19 Buy James Archer Individual 17. May 19 17. May 19 28,000 $10.74 $300,720
X
Management checks
We assess Target Hospitality's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Target Hospitality has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TH News

Simply Wall St News

These 4 Measures Indicate That Target Hospitality (NASDAQ:TH) Is Using Debt Reasonably Well

NasdaqCM:TH Historical Debt, July 24th 2019 How Healthy Is Target Hospitality's Balance Sheet? … Because it carries more debt than cash, we think it's worth watching Target Hospitality's balance sheet over time. … Debt is far more risky for companies with unreliable free cash flow, so shareholders should be hoping that the past expenditure will produce free cash flow in the future.

Simply Wall St -

Could Target Hospitality Corp.'s (NASDAQ:TH) Investor Composition Influence The Stock Price?

Every investor in Target Hospitality Corp. … With a market capitalization of US$1.0b, Target Hospitality is a decent size, so it is probably on the radar of institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

TH Company Info

Description

Target Hospitality Corp. operates as a specialty rental and hospitality services company in the United States. The company operates through three segments: Permian Basin, Bakken Basin, and Government. It owns a network of specialty rental accommodation units with approximately 13,800 beds across 25 sites. The company owns and operates 26 communities in the Permian and Bakken Basins. It serves investment grade oil and gas companies, energy infrastructure companies, and U.S. government and government contractors. The company is headquartered in The Woodlands, Texas.

Details
Name: Target Hospitality Corp.
TH
Exchange: NasdaqCM
Founded:
$143,977,360
97,282,000
Website: http://www.targethospitality.com
Address: Target Hospitality Corp.
2170 Buckthorne Place,
Suite 440,
The Woodlands,
Texas, 77380-1775,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM TH Common Stock Nasdaq Capital Market US USD 18. Mar 2019
Number of employees
Current staff
Staff numbers
826
Target Hospitality employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 06:10
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.