NASDAQ:HCSG Healthcare Services Group (HCSG) Stock Forecast, Price & News $13.78 +0.13 (+0.95%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$13.56▼$13.9450-Day Range$13.40▼$15.6152-Week Range$11.55▼$18.74Volume664,309 shsAverage Volume888,539 shsMarket Capitalization$1.02 billionP/E Ratio28.71Dividend YieldN/APrice Target$15.60 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/Downside13.2% Upside$15.60 Price TargetShort InterestHealthy6.06% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth13.70%From $0.73 to $0.83 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.2.30 out of 5 starsBusiness Services Sector99th out of 322 stocksNursing & Personal Care Facilities Industry1st out of 5 stocks 2.3 Analyst's Opinion Consensus RatingHealthcare Services Group has received a consensus rating of 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 $15.60, Healthcare Services Group has a forecasted upside of 13.2% from its current price of $13.78.Amount of Analyst CoverageHealthcare Services Group has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.06% 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 4.5.Change versus previous monthShort interest in Healthcare Services Group has recently decreased by 9.35%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldHealthcare Services Group does not currently pay a dividend.Dividend GrowthHealthcare Services Group has been increasing its dividend for 19 years. 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 0.78. 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 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Healthcare Services Group this week, compared to 2 articles on an average week.MarketBeat Follows2 people have added Healthcare Services Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Healthcare Services Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.70% of the stock of Healthcare Services Group is held by insiders.Percentage Held by Institutions98.08% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Healthcare Services Group are expected to grow by 13.70% in the coming year, from $0.73 to $0.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Healthcare Services Group is 28.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Healthcare Services Group is 28.71, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 333.48.Price to Book Value per Share RatioHealthcare Services Group has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Healthcare Services Group (NASDAQ:HCSG) StockHealthcare Services Group, Inc. engages in the provision of keeping, laundry, and dietary services to long-term care and related health care facilities. It operates through the following business segments: Housekeeping and Dietary. The Housekeeping segment consists of the management of the client's housekeeping department, which is responsible for the cleaning, disinfecting, and sanitizing of patient rooms and common areas of a client facility, as well as the laundering and processing of the personal clothing belonging to the facility's patients. The Dietary segment includes the management of the client's dietary department, which is responsible for food purchasing, meal preparation, and the provision of dietician consulting professional services. The company was founded by Daniel P. McCartney on November 22, 1976 and is headquartered in Bensalem, PA.Read More Receive HCSG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Healthcare Services Group and its competitors with MarketBeat's FREE daily newsletter. Email Address HCSG Stock News HeadlinesMay 7, 2023 | marketwatch.comHow the price action of Healthcare Services Group ($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 agoJune 7, 2023 | UNKNOWN (Ad)This NASDAQ Stock Is The Amazon Of Medical SupplyThis Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More NowApril 29, 2023 | americanbankingnews.comWilliam Blair Brokers Decrease Earnings Estimates for Healthcare Services Group, Inc. (NASDAQ:HCSG)April 28, 2023 | msn.comCredit Suisse Maintains Healthcare Services Group (HCSG) Neutral RecommendationApril 28, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for Healthcare Services Group, Inc. (NASDAQ:HCSG) Issued By Jefferies Financial GroupApril 28, 2023 | americanbankingnews.comHealthcare Services Group, Inc. to Post Q1 2023 Earnings of $0.17 Per Share, William Blair Forecasts (NASDAQ:HCSG)April 28, 2023 | msn.comRBC Capital Reiterates Healthcare Services Group (HCSG) Outperform RecommendationJune 7, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!April 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 17, 2023 | americanbankingnews.comHealthcare Services Group (HCSG) Scheduled to Post Quarterly Earnings on TuesdayApril 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% UndervaluedApril 5, 2023 | americanbankingnews.comShort Interest in Healthcare Services Group, Inc. (NASDAQ:HCSG) Rises By 5.1%March 29, 2023 | americanbankingnews.comJefferies Financial Group Weighs in on Healthcare Services Group, Inc.'s Q1 2023 Earnings (NASDAQ:HCSG)March 28, 2023 | marketwatch.comHealthcare Services Group $HCSG Pivots Trading Plans and Risk ControlsMarch 24, 2023 | benzinga.comAnalyst Expectations for Healthcare Services Group's FutureMarch 24, 2023 | msn.comHealthcare Services Group upgraded at Jefferies citing end-market potentialMarch 24, 2023 | americanbankingnews.comHealthcare Services Group (NASDAQ:HCSG) Upgraded to "Hold" at Jefferies Financial GroupFebruary 21, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Services Stocks: Copart (CPRT), Healthcare Services (HCSG)February 17, 2023 | finance.yahoo.comHealthcare Services Group Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 16, 2023 | markets.businessinsider.comPositive Report for Healthcare Services (HCSG) from RBC CapitalFebruary 16, 2023 | finance.yahoo.comHealthcare Services Group, Inc. (NASDAQ:HCSG) Q4 2022 Earnings Call TranscriptSee More Headlines HCSG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HCSG Company Calendar Last Earnings4/26/2023Today6/06/2023Next Earnings (Confirmed)7/26/2023Fiscal 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$15.60 High Stock Price Forecast$18.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+13.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.48 Trailing P/E Ratio28.71 Forward P/E Ratio18.88 P/E GrowthN/ANet Income$34.63 million Net Margins2.14% Pretax Margin2.79% Return on Equity8.34% Return on Assets4.96% Debt Debt-to-Equity RatioN/A Current Ratio3.15 Quick Ratio3.02 Sales & Book Value Annual Sales$1.69 billion Price / Sales0.60 Cash Flow$0.70 per share Price / Cash Flow19.77 Book Value$5.75 per share Price / Book2.40Miscellaneous Outstanding Shares74,190,000Free Float72,934,000Market Cap$1.02 billion OptionableOptionable Beta0.38 Social Links Key ExecutivesTheodore WahlPresident, Chief Executive Officer & DirectorAndrew W. KushChief Operating Officer & Executive Vice PresidentJason J. BundickSecretary & Chief Compliance OfficerPatrick J. OrrChief Revenue Officer & Executive Vice PresidentJohn Christopher SheaChief Administrative OfficerKey CompetitorsCareMaxNASDAQ:CMAXAdeiaNASDAQ:ADEAB. Riley FinancialNASDAQ:RILYAmplitudeNASDAQ:AMPLMontrose Environmental GroupNYSE:MEGView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 60,951 shares on 5/26/2023Ownership: 0.988%Toroso Investments LLCBought 2,823 shares on 5/23/2023Ownership: 0.052%Ameriprise Financial Inc.Bought 110,723 shares on 5/22/2023Ownership: 1.396%New York State Common Retirement FundSold 11,871 shares on 5/18/2023Ownership: 0.473%JPMorgan Chase & Co.Bought 12,520 shares on 5/18/2023Ownership: 0.277%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 equities research 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 equities research analysts is that investors should "buy" HCSG shares. View HCSG analyst ratings or view top-rated stocks. What is Healthcare Services Group's stock price forecast for 2023? 4 brokerages have issued 12-month price targets for Healthcare Services Group's shares. Their HCSG share price forecasts range from $14.00 to $18.00. On average, they predict the company's share price to reach $15.60 in the next year. This suggests a possible upside of 13.2% 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 beginning of 2023. Since then, HCSG stock has increased by 14.8% and is now trading at $13.78. View the best growth stocks for 2023 here. Are investors shorting Healthcare Services Group? Healthcare Services Group saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,460,000 shares, a drop of 9.3% from the April 30th total of 4,920,000 shares. Based on an average daily volume of 1,000,000 shares, the short-interest ratio is presently 4.5 days. Approximately 6.1% of the company's stock are sold short. 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, July 26th 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, July 26th 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 quarterly earnings results on Wednesday, April, 26th. The business services provider reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.04. The business services provider earned $417.23 million during the quarter, compared to the consensus estimate of $423.51 million. Healthcare Services Group had a net margin of 2.14% and a trailing twelve-month return on equity of 8.34%. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 EPS. How often does Healthcare Services Group pay dividends? What is the dividend yield for Healthcare Services Group? Healthcare Services Group declared 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 annualized dividend and a dividend yield of 6.24%. The ex-dividend date is Thursday, November 17th. This is a positive change 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 Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Cultivar ETF (CVAR), Global SuperDividend US ETF (DIV), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Industrials ETF (PSCI), Distillate Small/Mid Cash Flow ETF (DSMC) and Global X Health & Wellness ETF (BFIT). 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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.25%), Mackenzie Financial Corp (5.57%), State Street Corp (3.78%), Riverbridge Partners LLC (2.78%), Marathon Asset Management Ltd (2.62%) and Royce & Associates LP (2.47%). Insiders that own company stock include Andrew Kush, Andrew M Brophy, Dino D Ottaviano, John Briggs, 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 $13.78. How much money does Healthcare Services Group make? Healthcare Services Group (NASDAQ:HCSG) has a market capitalization of $1.02 billion and generates $1.69 billion in revenue each year. The business services provider earns $34.63 million in net income (profit) each year or $0.48 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 6/7/2023 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. 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