NASDAQ:HCSG

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

$10.87
-0.13 (-1.18%)
(As of 12:27 PM ET)
Today's Range
$10.84
$11.03
50-Day Range
$11.00
$12.84
52-Week Range
$8.75
$15.97
Volume
174,997 shs
Average Volume
527,781 shs
Market Capitalization
$800.47 million
P/E Ratio
19.07
Dividend Yield
N/A
Price Target
$14.50

Healthcare Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.8% Upside
$14.50 Price Target
Short Interest
Healthy
3.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of Healthcare Services Group in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$14,152 Sold Last Quarter
Proj. Earnings Growth
10.39%
From $0.77 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.

3.68 out of 5 stars

Business Services Sector

113th out of 310 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

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Q1 2024 Healthcare Services Group Inc Earnings Call
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Healthcare Services: Q1 Earnings Snapshot
Healthcare Services Group Q1 Profit Increases, beats estimates
HCSG Reports Q1 2024 Results
Healthcare Services Group Inc
Q4 2023 Healthcare Services Group Inc Earnings Call
Healthcare Services Rallies After Better-than-expected Q4 Profit
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
4/26/2024
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
+31.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$38.39 million
Pretax Margin
3.39%

Debt

Sales & Book Value

Annual Sales
$1.67 billion
Cash Flow
$0.97 per share
Book Value
$6.44 per share

Miscellaneous

Free Float
72,393,000
Market Cap
$810.04 million
Optionable
Optionable
Beta
0.49

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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
  • Mr. Bryan D. McCartney (Age 63)
    Executive Vice President
    Comp: $1M

HCSG Stock Analysis - Frequently Asked Questions

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

4 Wall Street equities 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 equities 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 Wall Street research analysts have issued 1 year price targets for Healthcare Services Group's shares. Their HCSG share price targets range from $13.00 to $17.00. On average, they anticipate the company's share price to reach $14.50 in the next year. This suggests a possible upside of 31.8% 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 6.1% and is now trading at $11.00.
View the best growth stocks for 2024 here
.

Are investors shorting Healthcare Services Group?

Healthcare Services Group saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,950,000 shares, a decline 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 stock 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) posted its earnings results on Wednesday, April, 24th. The business services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate 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 trailing twelve-month return on equity of 11.44% and a net margin of 2.44%. The firm's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 earnings per share.

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 shareholders include Assenagon Asset Management S.A. (1.94%), Azarias Capital Management L.P. (1.11%), Confluence Investment Management LLC (0.25%), Bridge City Capital LLC (0.20%), Los Angeles Capital Management LLC (0.04%) and CWM LLC (0.02%). 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 4/26/2024 by MarketBeat.com Staff

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