The latest announcement is out from Target Hospitality ( (TH) ).
On February 24, 2025, Target Hospitality announced the termination of its Pecos Children’s Center services agreement by its nonprofit partner, effective February 21, 2025. This led to the withdrawal of its preliminary 2025 financial outlook. Despite the contract termination, Target plans to re-market its modular assets and pursue growth opportunities, particularly in supporting U.S. government immigration policies.
More about Target Hospitality
Target Hospitality is one of North America’s largest providers of vertically integrated modular accommodations and value-added hospitality services in the United States. The company builds, owns, and operates a customized network of communities offering services such as premium food service management, concierge, laundry, logistics, security, and recreational facilities.
YTD Price Performance: -3.41%
Average Trading Volume: 489,435
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $926.1M
See more insights into TH stock on TipRanks’ Stock Analysis page.