Q1 Earnings Forecast for HCSG Issued By William Blair

Healthcare Services Group, Inc. (NASDAQ:HCSG - Free Report) - Stock analysts at William Blair issued their Q1 2026 earnings estimates for Healthcare Services Group in a research note issued on Thursday, July 10th. William Blair analyst R. Daniels expects that the business services provider will post earnings per share of $0.22 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.

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

Healthcare Services Group Stock Performance

Shares of NASDAQ HCSG traded down $0.29 during trading hours on Friday, hitting $13.53. The company's stock had a trading volume of 690,675 shares, compared to its average volume of 515,575. Healthcare Services Group has a 12 month low of $9.13 and a 12 month high of $15.73. The stock has a market cap of $986.61 million, a price-to-earnings ratio of 24.16 and a beta of 0.57. The business has a 50-day simple moving average of $14.52 and a 200-day simple moving average of $12.24.

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

Hedge Funds Weigh In On Healthcare Services Group

Institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of Healthcare Services Group by 1,152.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 166,643 shares of the business services provider's stock valued at $1,680,000 after buying an additional 153,333 shares in the last quarter. Palisade Capital Management LP boosted its stake in Healthcare Services Group by 0.9% during the first quarter. Palisade Capital Management LP now owns 2,237,866 shares of the business services provider's stock worth $22,558,000 after acquiring an additional 20,720 shares in the last quarter. Deutsche Bank AG grew its holdings in Healthcare Services Group by 14.8% in the fourth quarter. Deutsche Bank AG now owns 176,825 shares of the business services provider's stock worth $2,055,000 after purchasing an additional 22,834 shares during the period. Nuveen Asset Management LLC grew its holdings in Healthcare Services Group by 9.1% in the fourth quarter. Nuveen Asset Management LLC now owns 829,322 shares of the business services provider's stock worth $9,633,000 after purchasing an additional 68,935 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Healthcare Services Group by 852.4% during the first quarter. GAMMA Investing LLC now owns 20,352 shares of the business services provider's stock valued at $2,019,000 after purchasing an additional 18,215 shares in the last quarter. Institutional investors own 97.97% of the company's stock.

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.