Oppenheimer Upgrades Target Hospitality to Outperform, Announces $6 Price Target
Oppenheimer analyst Scott Schneeberger upgrades Target Hospitality (NASDAQ:TH) from Perform to Outperform and announces $6 price target.
Target Hospitality Insights: Return On Capital Employed
In Q1, Target Hospitality (NASDAQ:TH) posted sales of $45.49 million. Earnings were up 25.36%, but Target Hospitality still reported an overall loss of $4.11 million. Target Hospitality collected $51.61 million in revenue during Q4, but reported earnings showed a $3.28 million loss.
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Vertex Energy, Inc. (NASDAQ: VTNR) shares climbed 124.2% to settle at $3.99 on Thursday after the company announced plans to acquire a Alabama refinery and related logistics assets.
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Stephens & Co. boosted the price target for Chipotle Mexican Grill, Inc. (NYSE: CMG) from $1,600 to $1,700. Chipotle shares fell 0.1% to close at $1,345.81 on Wednesday.
Target Hospitality Raises FY2021 Sales Guidance from $235.00M-245.00M to $260.00M-270.00M
Target Hospitality (NASDAQ:TH) raises FY2021 sales outlook from $235.00 million-245.00 million to $260.00 million-270.00 million.
Target Hospitality Q1 EPS $(0.14) Misses $(0.09) Estimate, Sales $45.49M Beat $40.93M Estimate
Target Hospitality (NASDAQ:TH) reported quarterly losses of $(0.14) per share which missed the analyst consensus estimate of $(0.09) by 55.56 percent. This is a 380 percent decrease over earnings of $0.05 per share from
Earnings Scheduled For May 24, 2021
Companies Reporting Before The Bell
• Genetron Holdings (NASDAQ:GTH) is expected to report quarterly loss at $0.18 per share on revenue of $14.21 million.
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MoSys, Inc. (NASDAQ: MOSY) shares climbed 50.5% to settle at $4.35 on Friday. MoSys, last week, reported a loss for its first quarter.