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NASDAQ:HCSG

Healthcare Services Group (HCSG) Stock Price, News & Analysis

$11.35
+0.56 (+5.19%)
(As of 07/26/2024 ET)
Today's Range
$10.94
$11.37
50-Day Range
$10.08
$11.87
52-Week Range
$8.75
$13.01
Volume
584,819 shs
Average Volume
560,221 shs
Market Capitalization
$835.88 million
P/E Ratio
19.91
Dividend Yield
N/A
Price Target
$14.50

Healthcare Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
27.8% Upside
$14.50 Price Target
Short Interest
Healthy
2.94% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Healthcare Services Group in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.25%
From $0.80 to $0.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Business Services Sector

153rd out of 317 stocks

Nursing & Personal Care Facilities Industry

2nd out of 4 stocks

HCSG stock logo

About Healthcare Services Group Stock (NASDAQ:HCSG)

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. 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; and on-site management and clinical consulting services to facilities. It serves long-term and post-acute care facilities, hospitals, and the healthcare industry through referrals and solicitation of target facilities. The company was incorporated in 1976 and is based in Bensalem, Pennsylvania.

HCSG Stock Price History

HCSG Stock News Headlines

Healthcare Services Group (NASDAQ:HCSG) PT Raised to $14.00
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Healthcare Services Group Q2 Earnings Summary
HCSG Reports Q2 2024 Results
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
7/26/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nursing & personal care facilities
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:HCSG
CUSIP
42190610
Employees
33,400
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+29.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$38.39 million
Pretax Margin
2.66%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$1.00 per share
Book Value
$6.40 per share

Miscellaneous

Free Float
72,099,000
Market Cap
$823.36 million
Optionable
Optionable
Beta
0.53

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Key Executives

  • Mr. Theodore Wahl CPA (Age 50)
    President, CEO & Director
    Comp: $1.39M
  • Mr. Andrew W. Kush AAI (Age 46)
    Executive VP & COO
    Comp: $764.23k
  • Mr. Andrew M. Brophy CPA (Age 34)
    VP, Controller & Principal Accounting Officer
    Comp: $285.44k
  • Mr. John Christopher Shea CPA (Age 52)
    M.B.A., Executive VP & Chief Administrative Officer
    Comp: $694.67k
  • Mr. Patrick J. Orr Esq. (Age 49)
    EVP & Chief Revenue Officer
    Comp: $616.29k
  • Mr. Jason J. Bundick Esq. (Age 47)
    Executive VP, Chief Compliance Officer, General Counsel & Secretary
    Comp: $490.25k
  • Mr. Matthew J. McKee MBA
    Chief Communications Officer

HCSG Stock Analysis - Frequently Asked Questions

How have HCSG shares performed this year?

Healthcare Services Group's stock was trading at $10.37 at the beginning of the year. Since then, HCSG shares have increased by 9.5% and is now trading at $11.35.
View the best growth stocks for 2024 here
.

How were Healthcare Services Group's earnings last quarter?

Healthcare Services Group, Inc. (NASDAQ:HCSG) issued its quarterly earnings results on Wednesday, July, 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. The business's quarterly revenue was up 1.8% on a year-over-year basis.

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.

Who are Healthcare Services Group's major shareholders?

Top institutional investors of Healthcare Services Group include Assenagon Asset Management S.A. (1.82%), Azarias Capital Management L.P. (1.67%), Bank of New York Mellon Corp (0.82%) and Raymond James & Associates (0.52%). Insiders that own company stock include Kurt Simmons Jr, Andrew M Brophy and John Briggs.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Healthcare Services Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Healthcare Services Group investors own include Energy Transfer (ET), Gilead Sciences (GILD), Pfizer (PFE), Boeing (BA), Cisco Systems (CSCO), Ford Motor (F) and Home Depot (HD).

This page (NASDAQ:HCSG) was last updated on 7/26/2024 by MarketBeat.com Staff

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