Healthcare Services Group (HCSG) Projected to Post Earnings on Wednesday

Healthcare Services Group (NASDAQ:HCSG - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.20 per share and revenue of $450.78 million for the quarter.

Healthcare Services Group (NASDAQ:HCSG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. Healthcare Services Group had a net margin of 2.38% and a return on equity of 11.68%. The company had revenue of $447.66 million during the quarter, compared to analyst estimates of $443.82 million. During the same quarter last year, the business posted $0.22 earnings per share. The company's revenue was up 5.7% on a year-over-year basis.

Healthcare Services Group Price Performance

HCSG stock opened at $13.12 on Wednesday. The business has a fifty day moving average price of $14.47 and a 200 day moving average price of $12.26. Healthcare Services Group has a fifty-two week low of $9.13 and a fifty-two week high of $15.73. The stock has a market capitalization of $956.71 million, a price-to-earnings ratio of 23.43 and a beta of 0.57.

Institutional Investors Weigh In On Healthcare Services Group

Several institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its holdings in Healthcare Services Group by 3.7% during the 1st quarter. Royal Bank of Canada now owns 139,126 shares of the business services provider's stock worth $1,402,000 after acquiring an additional 4,917 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Healthcare Services Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,704 shares of the business services provider's stock worth $441,000 after acquiring an additional 1,824 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Healthcare Services Group during the first quarter worth $242,000. Finally, Jane Street Group LLC grew its stake in shares of Healthcare Services Group by 962.0% during the first quarter. Jane Street Group LLC now owns 200,082 shares of the business services provider's stock worth $2,017,000 after purchasing an additional 181,242 shares during the period. Institutional investors and hedge funds own 97.97% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HCSG. Wall Street Zen upgraded Healthcare Services Group from a "hold" rating to a "buy" rating in a research note on Friday, April 25th. Robert W. Baird raised their price objective on shares of Healthcare Services Group from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Thursday, April 24th. UBS Group raised shares of Healthcare Services Group from a "neutral" rating to a "buy" rating and raised their price target for the company from $12.00 to $15.00 in a report on Thursday, April 24th. Finally, Macquarie raised their price target on shares of Healthcare Services Group from $13.00 to $15.00 and gave the company a "neutral" rating in a report on Monday, April 28th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Healthcare Services Group currently has an average rating of "Moderate Buy" and a consensus target price of $14.80.

Healthcare Services Group Company Profile

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.

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