Q1 Earnings Forecast for HCSG Issued By William Blair

Healthcare Services Group, Inc. (NASDAQ:HCSG - Free Report) - Equities research analysts at William Blair issued their Q1 2026 earnings per share (EPS) estimates for Healthcare Services Group in a report released on Thursday, July 10th. William Blair analyst R. Daniels forecasts that the business services provider will earn $0.22 per share for the quarter. The consensus estimate for Healthcare Services Group's current full-year earnings is $0.74 per share. William Blair also issued estimates for Healthcare Services Group's Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.23 EPS and Q4 2026 earnings at $0.23 EPS.

Healthcare Services Group (NASDAQ:HCSG - Get Free Report) last released its earnings results on Wednesday, April 23rd. The business services provider reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.05. Healthcare Services Group had a return on equity of 11.68% and a net margin of 2.38%. The business had revenue of $447.66 million for the quarter, compared to analysts' expectations of $443.82 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. The firm's revenue was up 5.7% on a year-over-year basis.

HCSG has been the subject of several other reports. UBS Group upgraded shares of Healthcare Services Group from a "neutral" rating to a "buy" rating and upped their price target for the company from $12.00 to $15.00 in a research report on Thursday, April 24th. Robert W. Baird upped their price target 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. Macquarie upped 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. Finally, Wall Street Zen upgraded shares of Healthcare Services Group from a "hold" rating to a "buy" rating in a research report on Friday, April 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.80.

Healthcare Services Group Stock Down 5.7%

NASDAQ HCSG opened at $13.82 on Friday. The company has a 50-day simple moving average of $14.54 and a two-hundred day simple moving average of $12.22. Healthcare Services Group has a 12-month low of $9.13 and a 12-month high of $15.73. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 24.68 and a beta of 0.57.

Institutional Trading of Healthcare Services Group

A number of institutional investors have recently modified their holdings of HCSG. Strs Ohio purchased a new stake in Healthcare Services Group in the first quarter worth about $552,000. Intech Investment Management LLC raised its position in shares of Healthcare Services Group by 940.5% in the 1st quarter. Intech Investment Management LLC now owns 318,488 shares of the business services provider's stock worth $3,210,000 after acquiring an additional 287,878 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Healthcare Services Group by 962.0% in the 1st quarter. Jane Street Group LLC now owns 200,082 shares of the business services provider's stock valued at $2,017,000 after purchasing an additional 181,242 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Healthcare Services Group during the first quarter valued at approximately $242,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 valued at $441,000 after buying an additional 1,824 shares in the last quarter. 97.97% of the stock is currently owned by hedge funds and other institutional investors.

About Healthcare Services Group

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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