High growth, ROE and relative strength for NASDAQ:TH, growth investors may appreciate this.

In this article we will dive into TARGET HOSPITALITY CORP (NASDAQ:TH) as a possible candidate for growth investing. Investors should always do their own research, but we noticed TARGET HOSPITALITY CORP showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• The quarterly earnings of TARGET HOSPITALITY CORP have shown a 83.33% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• TARGET HOSPITALITY CORP has experienced 30.99% q2q revenue growth, indicating a significant sales increase.
• The EPS of TARGET HOSPITALITY CORP has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• TARGET HOSPITALITY CORP showcases a robust Return on Equity (ROE) of 48.52%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• The Relative Strength (RS) of TARGET HOSPITALITY CORP has consistently been strong, with a current 82.09 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. TARGET HOSPITALITY CORP demonstrates promising potential for sustained price momentum.
• TARGET HOSPITALITY CORP exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With 31.96% 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.

Technical Analysis Observations

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 8 out of 10. Although TH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

• Both the short term and long term trends are positive. This is a very positive sign.
• TH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
• Looking at the yearly performance, TH did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• TH is part of the Hotels, Restaurants & Leisure industry. There are 141 other stocks in this industry, TH did better than 70% of them.
• TH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TH is lagging the market slightly.

Our latest full technical report of TH contains the most current technical analsysis.

How does the complete fundamental picture look for NASDAQ:TH?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to TH. TH was compared to 141 industry peers in the Hotels, Restaurants & Leisure industry. TH scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on TH. With these ratings, TH could be worth investigating further for value and quality investing!.

Check the latest full fundamental report of TH for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.