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

$10.78
+0.05 (+0.47%)
(As of 05/31/2024 ET)
Today's Range
$10.59
$10.96
50-Day Range
$10.61
$12.53
52-Week Range
$8.75
$15.14
Volume
1.92 million shs
Average Volume
455,670 shs
Market Capitalization
$793.95 million
P/E Ratio
18.91
Dividend Yield
N/A
Price Target
$14.50

Healthcare Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
34.5% Upside
$14.50 Price Target
Short Interest
Bearish
4.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.63mentions of Healthcare Services Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

2.51 out of 5 stars

Business Services Sector

175th out of 312 stocks

Nursing & Personal Care Facilities Industry

3rd out of 3 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

Is Cigna Group the Nation's Best-Run Health Insurance Company? (HCSG)
Cigna looks like a shining star as many health insurance companies fare poorly in 2024 due to higher Medicare Advantage (MA) expenses
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
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Company Calendar

Last Earnings
4/24/2024
Today
6/01/2024
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
+34.5%
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
$1.01 per share
Book Value
$6.44 per share

Miscellaneous

Free Float
72,099,000
Market Cap
$793.90 million
Optionable
Optionable
Beta
0.52

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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

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 twelve months. 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 brokerages have issued twelve-month price objectives for Healthcare Services Group's shares. Their HCSG share price targets range from $13.00 to $17.00. On average, they predict the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 34.5% 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 stock has increased by 4.0% and is now trading at $10.78.
View the best growth stocks for 2024 here
.

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 quarterly earnings results on Wednesday, April, 24th. The business services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.04. The business services provider had revenue of $423.40 million for the quarter, compared to the consensus estimate 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 company's revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the business earned $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).Brandes U.S. Small-Mid Cap Value ETF (BSMC).

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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.57%), Assenagon Asset Management S.A. (1.94%), Heartland Advisors Inc. (1.78%), Mirae Asset Global Investments Co. Ltd. (1.33%), Janus Henderson Group PLC (1.25%) and Azarias Capital Management L.P. (1.11%). 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 6/1/2024 by MarketBeat.com Staff

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