NASDAQ:HCSG

Healthcare Services Group (HCSG) Stock Price, News & Analysis

$10.86
+0.04 (+0.37%)
(As of 03:21 PM ET)
Today's Range
$10.80
$10.98
50-Day Range
$10.62
$12.84
52-Week Range
$8.75
$15.42
Volume
201,450 shs
Average Volume
535,116 shs
Market Capitalization
$799.80 million
P/E Ratio
19.05
Dividend Yield
N/A
Price Target
$14.50

Healthcare Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
33.4% Upside
$14.50 Price Target
Short Interest
Healthy
3.99% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$14,152 Sold Last Quarter
Proj. Earnings Growth
6.25%
From $0.80 to $0.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.70 out of 5 stars

Business Services Sector

140th out of 314 stocks

Nursing & Personal Care Facilities Industry

1st out of 4 stocks

HCSG stock logo

About Healthcare Services Group Stock (NASDAQ:HCSG)

Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of the customers' facilities, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at the customers' facilities. The Dietary segment provides food purchasing, meal preparation, and professional dietitian services, which include the development of menus that meet the dietary needs of residents; and on-site management and clinical consulting services to facilities. It serves long-term and post-acute care facilities, hospitals, and the healthcare industry through referrals and solicitation of target facilities. The company was incorporated in 1976 and is based in Bensalem, Pennsylvania.

HCSG Stock Price History

HCSG Stock News Headlines

Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Q1 2024 Healthcare Services Group Inc Earnings Call
Healthcare Services: Q1 Earnings Snapshot
Healthcare Services Group Q1 Profit Increases, beats estimates
HCSG Reports Q1 2024 Results
Healthcare Services Group Inc
See More Headlines
Receive HCSG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Healthcare Services Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/24/2024
Today
5/06/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nursing & personal care facilities
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:HCSG
CUSIP
42190610
Employees
33,400
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+34.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$38.39 million
Pretax Margin
3.47%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$0.99 per share
Book Value
$6.18 per share

Miscellaneous

Free Float
72,394,000
Market Cap
$796.85 million
Optionable
Optionable
Beta
0.52

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Mr. Theodore Wahl CPA (Age 50)
    President, CEO & Director
    Comp: $1.39M
  • Mr. Andrew W. Kush AAI (Age 46)
    Executive VP & COO
    Comp: $764.23k
  • Mr. Andrew M. Brophy CPA (Age 34)
    VP, Controller & Principal Accounting Officer
    Comp: $285.44k
  • Mr. John Christopher Shea CPA (Age 52)
    M.B.A., Executive VP & Chief Administrative Officer
    Comp: $694.67k
  • Mr. Patrick J. Orr Esq. (Age 49)
    EVP & Chief Revenue Officer
    Comp: $616.29k
  • Mr. Jason J. Bundick Esq. (Age 47)
    Executive VP, Chief Compliance Officer, General Counsel & Secretary
    Comp: $490.25k
  • Mr. Matthew J. McKee MBA
    Chief Communications Officer

HCSG Stock Analysis - Frequently Asked Questions

Should I buy or sell Healthcare Services Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HCSG shares.
View HCSG analyst ratings
or view top-rated stocks.

What is Healthcare Services Group's stock price target for 2024?

4 analysts have issued 12 month target prices for Healthcare Services Group's stock. Their HCSG share price targets range from $13.00 to $17.00. On average, they expect the company's share price to reach $14.50 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts price targets for HCSG
or view top-rated stocks among Wall Street analysts.

How have HCSG shares performed in 2024?

Healthcare Services Group's stock was trading at $10.37 at the start of the year. Since then, HCSG shares have increased by 4.8% and is now trading at $10.87.
View the best growth stocks for 2024 here
.

Are investors shorting Healthcare Services Group?

Healthcare Services Group saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 2,950,000 shares, a decrease of 8.1% from the March 15th total of 3,210,000 shares. Based on an average daily volume of 525,800 shares, the short-interest ratio is presently 5.6 days. Approximately 4.0% of the shares of the company are sold short.
View Healthcare Services Group's Short Interest
.

When is Healthcare Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our HCSG earnings forecast
.

How were Healthcare Services Group's earnings last quarter?

Healthcare Services Group, Inc. (NASDAQ:HCSG) announced its quarterly earnings data on Wednesday, April, 24th. The business services provider reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. The business services provider earned $423.40 million during the quarter, compared to analysts' expectations of $424.91 million. Healthcare Services Group had a net margin of 2.44% and a trailing twelve-month return on equity of 11.44%. The firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company posted $0.17 EPS.

Is Healthcare Services Group a good dividend stock?

Healthcare Services Group (NASDAQ:HCSG) pays an annual dividend of $0.86 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 150.88%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HCSG will have a dividend payout ratio of 101.18% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for HCSG.

What ETFs hold Healthcare Services Group's stock?

ETFs with the largest weight of Healthcare Services Group (NASDAQ:HCSG) stock in their portfolio include Cultivar ETF (CVAR) and Brandes U.S. Small-Mid Cap Value ETF (BSMC).Sovereigns Capital Flourish Fund (SOVF).

What is Ted Wahl's approval rating as Healthcare Services Group's CEO?

533 employees have rated Healthcare Services Group Chief Executive Officer Ted Wahl on Glassdoor.com. Ted Wahl has an approval rating of 72% among the company's employees. 51.0% of employees surveyed would recommend working at Healthcare Services Group to a friend.

What other stocks do shareholders of Healthcare Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Healthcare Services Group investors own include Energy Transfer (ET), Gilead Sciences (GILD), Pfizer (PFE), Boeing (BA), Cisco Systems (CSCO), Ford Motor (F), Home Depot (HD), NVIDIA (NVDA), Starbucks (SBUX) and Procter & Gamble (PG).

Who are Healthcare Services Group's major shareholders?

Healthcare Services Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (1.94%), Mirae Asset Global Investments Co. Ltd. (1.33%), Azarias Capital Management L.P. (1.11%), Confluence Investment Management LLC (0.25%), Bridge City Capital LLC (0.20%) and BNP Paribas Financial Markets (0.11%). Insiders that own company stock include Andrew M Brophy, John Briggs and Kurt Simmons Jr.
View institutional ownership trends
.

How do I buy shares of Healthcare Services Group?

Shares of HCSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HCSG) was last updated on 5/6/2024 by MarketBeat.com Staff

From Our Partners