NASDAQ:HCSG Healthcare Services Group (HCSG) Stock Forecast, Price & News $10.59 -0.12 (-1.12%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$10.54▼$10.8550-Day Range$10.42▼$14.6952-Week Range$10.35▼$15.97Volume610,621 shsAverage Volume834,467 shsMarket Capitalization$785.67 millionP/E Ratio20.77Dividend YieldN/APrice Target$15.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Healthcare Services Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside46.4% Upside$15.50 Price TargetShort InterestHealthy3.18% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.85Based on 2 Articles This WeekInsider TradingAcquiring Shares$15,005 Bought Last QuarterProj. Earnings Growth30.16%From $0.63 to $0.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.78 out of 5 starsBusiness Services Sector59th out of 321 stocksNursing & Personal Care Facilities Industry1st out of 4 stocks 3.3 Analyst's Opinion Consensus RatingHealthcare Services Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.50, Healthcare Services Group has a forecasted upside of 46.4% from its current price of $10.59.Amount of Analyst CoverageHealthcare Services Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.18% of the float of Healthcare Services Group has been sold short.Short Interest Ratio / Days to CoverHealthcare Services Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Healthcare Services Group has recently increased by 5.88%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldHealthcare Services Group does not currently pay a dividend.Dividend GrowthHealthcare Services Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HCSG. Previous Next 2.7 News and Social Media Coverage News SentimentHealthcare Services Group has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Healthcare Services Group this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for HCSG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Healthcare Services Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,005.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.70% of the stock of Healthcare Services Group is held by insiders.Percentage Held by Institutions97.97% of the stock of Healthcare Services Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Healthcare Services Group are expected to grow by 30.16% in the coming year, from $0.63 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Healthcare Services Group is 20.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Healthcare Services Group is 20.77, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 35.32.Price to Book Value per Share RatioHealthcare Services Group has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Healthcare Services Group (NASDAQ:HCSG) StockHealthcare 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. This segment also offers on-site management and clinical consulting services to facilities. Healthcare Services Group, Inc. was incorporated in 1976 and is based in Bensalem, Pennsylvania.Read More HCSG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HCSG Stock News HeadlinesSeptember 1, 2023 | finance.yahoo.comThe 7 Most Undervalued Stocks Under $20 to Buy Now: August 2023August 3, 2023 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Healthcare Services (HCSG)September 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 28, 2023 | finance.yahoo.comHealthcare Services Group, Inc. (NASDAQ:HCSG) Q2 2023 Earnings Call TranscriptJuly 26, 2023 | msn.comHealthcare Services (HCSG) Misses Q2 Earnings and Revenue EstimatesJuly 26, 2023 | markets.businessinsider.comHealthcare Services Group Profit Advances In Q2, but misses estimatesJuly 26, 2023 | finance.yahoo.comHealthcare Services Group, Inc. Reports Q2 2023 ResultsJuly 23, 2023 | finance.yahoo.comThese Return Metrics Don't Make Healthcare Services Group (NASDAQ:HCSG) Look Too StrongSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 22, 2023 | seekingalpha.comHealthcare Services Group: Seems Pricey For What You Are GettingJuly 20, 2023 | markets.businessinsider.comHealthcare Services (HCSG) Receives a Buy from RBC CapitalJuly 14, 2023 | finance.yahoo.comWhat Makes Healthcare Services Group (HCSG) a Good Investment Opportunity?July 5, 2023 | benzinga.com$5M Bet On This Biotechnology Stock? Check Out These 3 Stocks Insiders Are BuyingJune 17, 2023 | finance.yahoo.comHCSG - Healthcare Services Group, Inc.May 7, 2023 | marketwatch.comHow the price action of Healthcare Services Group ($HCSG) is used to our AdvantageMay 4, 2023 | finance.yahoo.comHealthcare Services Group (NASDAQ:HCSG) investors are sitting on a loss of 52% if they invested five years agoApril 28, 2023 | msn.comCredit Suisse Maintains Healthcare Services Group (HCSG) Neutral RecommendationApril 28, 2023 | msn.comRBC Capital Reiterates Healthcare Services Group (HCSG) Outperform RecommendationApril 26, 2023 | markets.businessinsider.comHealthcare Services Q1 Profit Rises, Tops View; Revenues Down, Miss EstimatesApril 25, 2023 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Healthcare Services (HCSG)April 18, 2023 | finance.yahoo.comAre Investors Undervaluing Crawford & Company (CRD.B) Right Now?April 13, 2023 | finance.yahoo.comHealth Care Services Group Is a Possible Triple BaggerApril 12, 2023 | nasdaq.comHCSG Crosses Above Average Analyst TargetApril 7, 2023 | markets.businessinsider.comAnalysts Conflicted on These Services Names: Healthcare Services (HCSG) and Waste Management (WM)April 7, 2023 | finance.yahoo.comAn Intrinsic Calculation For Healthcare Services Group, Inc. (NASDAQ:HCSG) Suggests It's 50% UndervaluedMarch 28, 2023 | marketwatch.comHealthcare Services Group $HCSG Pivots Trading Plans and Risk ControlsMarch 24, 2023 | benzinga.comAnalyst Expectations for Healthcare Services Group's FutureSee More Headlines Receive HCSG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Healthcare Services Group and its competitors with MarketBeat's FREE daily newsletter. Email Address HCSG Company Calendar Last Earnings7/26/2023Today9/28/2023Next Earnings (Confirmed)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nursing & personal care facilities Sub-IndustryDiversified Support Services SectorBusiness Services Current SymbolNASDAQ:HCSG CUSIP42190610 CIK731012 Webwww.hcsgcorp.com Phone(215) 639-4274Fax215-639-2152Employees35,700Year Founded1976Price Target and Rating Average Stock Price Forecast$15.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+46.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.51 Trailing P/E Ratio20.77 Forward P/E Ratio16.81 P/E GrowthN/ANet Income$34.63 million Net Margins2.26% Pretax Margin2.99% Return on Equity8.68% Return on Assets5.17% Debt Debt-to-Equity RatioN/A Current Ratio2.89 Quick Ratio2.79 Sales & Book Value Annual Sales$1.69 billion Price / Sales0.46 Cash Flow$0.70 per share Price / Cash Flow15.14 Book Value$5.75 per share Price / Book1.84Miscellaneous Outstanding Shares74,190,000Free Float72,934,000Market Cap$785.67 million OptionableOptionable Beta0.41 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Theodore Wahl CPA (Age 49)Pres, CEO & Director Comp: $1.39MMr. Andrew W. Kush AAI (Age 45)Exec. VP & COO Comp: $764.23kMr. Andrew M. Brophy CPA (Age 33)VP, Controller & Principal Accounting Officer Comp: $285.44kMr. John Christopher Shea CPA (Age 51)CPA, M.B.A., MBA, Exec. VP & Chief Admin. Officer Comp: $694.67kMr. Patrick J. Orr Esq. (Age 48)EVP & Chief Revenue Officer Comp: $616.29kMr. Jason J. Bundick Esq. (Age 46)Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec. Mr. Matthew J. McKee MBAChief Communications OfficerMr. Bryan D. McCartney (Age 62)Exec. VP More ExecutivesKey CompetitorsCareMaxNASDAQ:CMAXAccoladeNASDAQ:ACCDDeluxeNYSE:DLXYextNYSE:YEXTRepayNASDAQ:RPAYView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpBought 118,782 shares on 8/24/2023Ownership: 0.160%California State Teachers Retirement SystemSold 2,415 shares on 8/21/2023Ownership: 0.122%Teachers Retirement System of The State of KentuckyBought 1,300 shares on 8/21/2023Ownership: 0.034%Nuveen Asset Management LLCBought 778,420 shares on 8/16/2023Ownership: 1.561%Castleark Management LLCBought 289,310 shares on 8/16/2023Ownership: 0.390%View All Insider TransactionsView All Institutional Transactions HCSG Stock - Frequently Asked Questions Should I buy or sell Healthcare Services Group stock right now? 4 Wall Street 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 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 forecast for 2023? 4 brokers have issued 1 year price objectives for Healthcare Services Group's stock. Their HCSG share price forecasts range from $14.00 to $18.00. On average, they anticipate the company's share price to reach $15.50 in the next twelve months. This suggests a possible upside of 46.4% 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 2023? Healthcare Services Group's stock was trading at $12.00 at the start of the year. Since then, HCSG shares have decreased by 11.8% and is now trading at $10.59. View the best growth stocks for 2023 here. Are investors shorting Healthcare Services Group? Healthcare Services Group saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,340,000 shares, an increase of 5.9% from the August 31st total of 2,210,000 shares. Based on an average trading volume of 759,400 shares, the short-interest ratio is currently 3.1 days. Currently, 3.2% of the shares of the stock are short sold. View Healthcare Services Group's Short Interest. When is Healthcare Services Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our HCSG earnings forecast. How can I listen to Healthcare Services Group's earnings call? Healthcare Services Group will be holding an earnings conference call on Wednesday, October 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Healthcare Services Group's earnings last quarter? Healthcare Services Group, Inc. (NASDAQ:HCSG) released its earnings results on Wednesday, July, 26th. The business services provider reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.06. The business services provider had revenue of $418.93 million for the quarter, compared to analyst estimates of $418.71 million. Healthcare Services Group had a net margin of 2.26% and a trailing twelve-month return on equity of 8.68%. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. How often does Healthcare Services Group pay dividends? What is the dividend yield for Healthcare Services Group? Healthcare Services Group announced a quarterly dividend on Wednesday, October 19th. Stockholders of record on Friday, November 18th will be given a dividend of $0.215 per share on Thursday, December 22nd. This represents a $0.86 dividend on an annualized basis and a dividend yield of 8.12%. The ex-dividend date is Thursday, November 17th. This is a boost from the stock's previous quarterly dividend of $0.21. Read our dividend analysis for HCSG. What ETFs hold Healthcare Services Group's stock? ETFs with the largest weight of Healthcare Services Group (NASDAQ:HCSG) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).Cultivar ETF (CVAR). 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). What is Healthcare Services Group's stock symbol? Healthcare Services Group trades on the NASDAQ under the ticker symbol "HCSG." Who are Healthcare Services Group's major shareholders? Healthcare Services Group's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (17.48%), Mackenzie Financial Corp (5.56%), State Street Corp (3.74%), Royce & Associates LP (3.10%), Riverbridge Partners LLC (2.55%) and Marathon Asset Management Ltd (2.36%). Insiders that own company stock include Andrew Kush, Andrew M Brophy, Dino D Ottaviano, John Briggs, Kurt Simmons Jr, Michael E Mcbryan and Robert L Frome. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Healthcare Services Group's stock price today? One share of HCSG stock can currently be purchased for approximately $10.59. How much money does Healthcare Services Group make? Healthcare Services Group (NASDAQ:HCSG) has a market capitalization of $785.67 million and generates $1.69 billion in revenue each year. The business services provider earns $34.63 million in net income (profit) each year or $0.51 on an earnings per share basis. How many employees does Healthcare Services Group have? The company employs 35,700 workers across the globe. How can I contact Healthcare Services Group? Healthcare Services Group's mailing address is 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA, 19020. The official website for the company is www.hcsgcorp.com. The business services provider can be reached via phone at (215) 639-4274, via email at investor-relations@hcsgcorp.com, or via fax at 215-639-2152. This page (NASDAQ:HCSG) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Healthcare Services Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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