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Target Hospitality (Target Hospitality) Momentum Rank : 5 (As of Apr. 26, 2024)


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What is Target Hospitality Momentum Rank?

Target Hospitality has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Target Hospitality's Momentum Rank

For the Specialty Business Services subindustry, Target Hospitality's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Target Hospitality's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Target Hospitality's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Target Hospitality's Momentum Rank falls into.



Target Hospitality Momentum Rank Related Terms

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Target Hospitality (Target Hospitality) Business Description

Traded in Other Exchanges
N/A
Address
9320 Lakeside Boulevard, Suite 300, The Woodlands, Houston, TX, USA, 77381
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
Executives
Eric Kalamaras officer: EVP and CFO ATLAS PIPELINE PARTNERS, GP, 110 W. 7TH, SUITE 2300, TULSA OK 74119
Troy C. Schenk officer: Chief Commercial Officer C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jason Paul Vlacich officer: Chief Accounting Officer C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Alejandro Hernandez director 12500 BALTIMORE AVENUE, BELTSVILLE MD 20750
James B. Archer director, officer: President and CEO C/O TARGET HOSPITALITY, 2170 BUCKTHORNE PLACE, SUITE 440, THE WOODLANDS TX 77380
Jeffrey Sagansky director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Tdr Capital Ii Investments Lp 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Manjit Dale 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Capital Llp Tdr 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson director, 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Arrow Holdings S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
Modulaire Holding S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Global S.a.r.l. 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453
Mfa Limited Partnership Slp 10 percent owner 20 RUE EUGENE RUPPERT, LUXEMBOURG CITY N4 L-2453