Healthcare Services Group (HCSG) to Release Earnings on Wednesday

Healthcare Services Group (NASDAQ:HCSG - Get Free Report) is anticipated to release its Q2 2025 earnings data 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 released its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.23 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $443.82 million. During the same period in the previous year, the company earned $0.22 EPS. The firm's quarterly revenue was up 5.7% on a year-over-year basis.

Healthcare Services Group Trading Down 2.3%

Shares of HCSG traded down $0.30 during mid-day trading on Friday, hitting $12.69. The company's stock had a trading volume of 627,847 shares, compared to its average volume of 521,357. The company's 50-day moving average is $14.38 and its 200-day moving average is $12.29. Healthcare Services Group has a 52-week low of $9.13 and a 52-week high of $15.73. The firm has a market capitalization of $925.35 million, a price-to-earnings ratio of 22.66 and a beta of 0.57.

Institutional Trading of Healthcare Services Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC raised its position in Healthcare Services Group by 962.0% during the 1st quarter. Jane Street Group LLC now owns 200,082 shares of the business services provider's stock worth $2,017,000 after buying an additional 181,242 shares during the last quarter. Royal Bank of Canada grew its stake in shares of 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 purchasing an additional 4,917 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of 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 purchasing an additional 1,824 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Healthcare Services Group during the 1st quarter worth $242,000. Hedge funds and other institutional investors own 97.97% of the company's stock.

Analysts Set New Price Targets

HCSG has been the topic of several analyst reports. 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 research report on Monday, April 28th. UBS Group raised shares of Healthcare Services Group from a "neutral" rating to a "buy" rating and raised their price target for the stock from $12.00 to $15.00 in a research note on Thursday, April 24th. Robert W. Baird lifted their target price on shares of Healthcare Services Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Thursday, April 24th. Finally, Wall Street Zen raised shares of Healthcare Services Group from a "hold" rating to a "buy" rating in a research note on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Healthcare Services Group currently has an average rating of "Moderate Buy" and an average 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.