Is NASDAQ:TH suited for growth investing?

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.

Some of the canslim metrics of NASDAQ:TH highlighted

• The earnings per share (EPS) of TARGET HOSPITALITY CORP have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 83.33% increase. This reflects the company's ability to improve its profitability over time.
• The quarter-to-quarter (Q2Q) revenue growth of 30.99% of TARGET HOSPITALITY CORP has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• TARGET HOSPITALITY CORP has experienced 119.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• TARGET HOSPITALITY CORP has achieved an impressive Return on Equity (ROE) of 48.52%, showcasing its ability to generate favorable returns for shareholders.
• TARGET HOSPITALITY CORP has exhibited strong Relative Strength(RS) in recent periods, with a current 92.85 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. TARGET HOSPITALITY CORP shows promising potential for continued price momentum.
• TARGET HOSPITALITY CORP maintains a healthy Debt-to-Equity ratio of 0.0. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• TARGET HOSPITALITY CORP demonstrates a balanced ownership structure, with institutional shareholders at 31.95%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Deciphering the Technical Picture of NASDAQ:TH

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

We assign a technical rating of 8 out of 10 to TH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TH is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that TH is one of the better performing stocks in the market, outperforming 92% of all stocks.
• TH is part of the Hotels, Restaurants & Leisure industry. There are 140 other stocks in this industry. TH outperforms 87% of them.
• In the last month TH has a been trading in the 13.68 - 16.15 range, which is quite wide. It is currently trading near the high of this range.
• 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?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 7 out of 10 to TH. TH was compared to 140 industry peers in the Hotels, Restaurants & Leisure industry. TH has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TH may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make TH suitable for value and quality investing!

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

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.