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

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.

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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our HCSG earnings forecast.

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.

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.

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.

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).

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.

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).

Healthcare Services Group trades on the NASDAQ under the ticker symbol "HCSG."

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.

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.
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One share of HCSG stock can currently be purchased for approximately $10.59.

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.

The company employs 35,700 workers across the globe.

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.