Positive context积极背景
Stocks股票 / Industrials / TH
Target Hospitality Corp · Industrials
TH US listed · USD美股 · 美元
Industrials
Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$10.42
Regular quote常规时段报价
-$0.87 · -7.71%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $6.00high高 $21.89
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-11-05截至 2026-11-05
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-11-05
Momentum (RSI 14)动量（RSI 14）
22
Oversold超卖区域
vs 50-day average相对50日均线
-41.0% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-29.9% below下方
Long trend down长期向下
Volatility波动率
92th percentile第92百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-11-092
Mixed — beat 2 of last 4 quarters表现不稳 — 近 4 季中 2 季超预期
Post-earnings drift: +22.4% (20d)财报后漂移：+22.4%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 4.2%
Financials财务数据
fiscal years财年Revenue营业收入
$320.6M2025
20202025
5-yr growth5年复合增速 7.3%
Earnings per share每股收益
$-0.372025
20202025
Gross margin毛利率
13.3%
Operating margin营业利润率
-10.8%
Net margin净利率
-11.6%
FCF margin自由现金流利润率
23.1%
Balance-sheet quality财务体质 3/8
Return on equity股本回报率 -10%
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA4.45
Current ratio流动比率0.87
Capital allocation资本配置
Stock-based comp股权薪酬$7.6M
Share count change (1y)股数变化（1年）+0.9%
Debt coming due到期债务
FY2021 10-KIn the 12-month bucket following fiscal period end 2021-12-31, it reported $729.0K due — about 0% of its disclosed principal.在财年期末 2021-12-31 之后12个月的区间内，已披露到期本金为 $729.0K，约占其披露本金的 0%。
All maturity buckets are measured from fiscal period end 2021-12-31, not from today.所有到期区间均从财年期末 2021-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$729.0K
Year 2第2年
$503.0K
Year 3第3年
$340.2M
Year 4第4年
not reported未披露
Year 5第5年
not reported未披露
After year 55年以后
not reported未披露
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001558370-22-003403, period ending报告期截至 2021-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-11-07T09:39:21.575999+00:00.
3/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive— period_mismatch
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
TH RSI reached oversoldTH RSI进入超卖
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： +$0.4M net (2 buyers, 0 sellers)+$0.4M 净值（2 买家，0 卖家）
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle. How often the larger trend then rolls over has not been measured here. Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点。此后更大趋势掉头向下的频率，本站尚未测算。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Nov 4, 2026
TH RSI reached oversoldTH RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $11.29.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$11.29。
Nov 3, 2026
DOWNTREND → UNCONFIRMED TURN下跌趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Nov 3, 2026
TH StochRSI turned up from oversoldTH StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $14.49.StochRSI重回20上方 — 下行动量趋缓的最早预警。$14.49。
Oct 30, 2026
TH RSI reached oversoldTH RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $13.67.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$13.67。
Oct 29, 2026
TH StochRSI turned up from oversoldTH StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $14.24.StochRSI重回20上方 — 下行动量趋缓的最早预警。$14.24。
Oct 22, 2026
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID回避
Oct 22, 2026
TH lost its 200-day averageTH 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $13.96.收盘跌破200日均线 — 经典的空头分界线。$13.96。
Oct 22, 2026
TH RSI reached oversoldTH RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $13.96.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$13.96。
Oct 16, 2026
TH RSI reached oversoldTH RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $15.46.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$15.46。
Oct 15, 2026
TH broke down vs the marketTH 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $16.02.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$16.02。
Showing the last 15 of显示最近15条，共 176 signals条信号
Company profile公司档案
Watch items — what could change the story关注项 — 可能改变故事的因素
- Receivables stretch
- Inventory build
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -26.8% | -4.7% |
| 1 Month近1月 | -43.8% | -5.9% |
| 3 Months近3月 | -36.9% | -5.0% |
| 6 Months近6月 | -32.0% | -0.1% |
| Year to date年初至今 | +28.6% | +8.1% |
| 1 Year近1年 | +35.0% | +9.3% |
Trading information交易信息
Volatility rank波动率分位
92th pctile
EPS (trailing)每股收益
$-0.37
Off 52-week high距52周高点
-51.4%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $225M | $291M | $502M | $564M | $386M | $321M |
| EPS每股收益 | $-0.26 | $-0.05 | $0.74 | $1.56 | $0.70 | $-0.37 |
| Free cash flow自由现金流 | — | — | — | — | — | — |
| Gross margin毛利率 | 25.4% | 34.8% | 49.2% | 55.6% | 46.1% | 13.3% |
| Net margin净利率 | -11.2% | -1.6% | 14.7% | 30.8% | 18.4% | -11.6% |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$321M
Gross profit毛利润
$43M
Net income净利润
$-37M
Operating cash flow经营现金流
$74M
Total assets总资产
$530M
Shareholder equity股东权益
$389M
Shares outstanding总股本
0.10B
Returns & growth回报与增长
Return on equity股本回报率
-9.5%
Return on assets资产回报率
-7.0%
Profit growth利润增速
-151.9%
Asset growth资产增速
-26.9%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: inventory +133% vs sales +42%; receivables +99% vs sales +42% — demand & revenue-quality risk营运资本：存货 +133% 对销售 +42%；应收 +99% 对销售 +42%——需求与营收质量风险
- Pricing power: gross margin −12.1pts over 6 years定价能力：毛利率 6 年下降 12.1 个百分点
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
22
RSI (2-day)RSI（2日）
8
vs 20-day average相对20日均线
-30.3%
vs 50-day average相对50日均线
-41.0%
vs 200-day average相对200日均线
-29.9%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
expanding — range opening up扩张中 — 波幅放大
Range width percentile波幅宽度分位
94/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $-0.09 | $-0.10 | +10.0% |
| Mar 2026 | $-0.13 | $-0.11 | -18.2% |
| Dec 2025 | $-0.15 | $-0.10 | -50.0% |
| Sep 2025 | $-0.01 | $-0.04 | +75.0% |
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
+$0.4M
Insider buyers vs sellers内部人买家vs卖家
2 : 0
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。