An update from Target Hospitality ( (TH) ) is now available.
In February 2025, Target Hospitality Corp. and its subsidiaries amended their ABL Credit Agreement to adjust the maturity provisions related to their 2025 Senior Secured Notes, extending the maturity date to March 31, 2025. This adjustment is part of their financial strategy to manage debt obligations effectively. Additionally, the company introduced new executive stock unit agreements under its 2019 Incentive Plan, contingent on shareholder approval. These agreements aim to retain and incentivize key executives, with performance-based vesting linked to share price targets, reflecting a strategic focus on aligning executive compensation with shareholder value.
More about Target Hospitality
Target Hospitality Corp. operates in the hospitality industry, providing temporary accommodations and related services primarily to the oil, gas, and energy sectors. The company focuses on offering turnkey solutions for workforce housing, catering, and other hospitality services.
YTD Price Performance: -41.69%
Average Trading Volume: 787,361
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $559M
For a thorough assessment of TH stock, go to TipRanks’ Stock Analysis page.