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NASDAQ:HCSGHealthcare Services Group Stock Price, Forecast & News

$23.08
+0.58 (+2.58 %)
(As of 07/9/2020 04:00 PM ET)
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Today's Range
$22.34
Now: $23.08
$23.27
50-Day Range
$21.68
MA: $24.06
$25.97
52-Week Range
$15.80
Now: $23.08
$31.84
Volume738,500 shs
Average Volume812,592 shs
Market Capitalization$1.72 billion
P/E Ratio22.85
Dividend Yield3.51%
Beta0.61
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 client's facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client facility. The Dietary segment is involved in the food purchasing and meal preparation activities, as well as in the provision of professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers clinical consulting services to facilities. As of December 31, 2018, the company provided its services to 3,500 facilities. Healthcare Services Group, Inc. was founded in 1976 and is based in Bensalem, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.05 out of 5 stars


Industry, Sector and Symbol

Industry Nursing & personal care facilities
Sub-IndustryDiversified Support Services
Current SymbolNASDAQ:HCSG
CUSIP42190610
Phone215-639-4274

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$1.11 per share
Book Value$6.21 per share

Profitability

Net Income$64.58 million

Miscellaneous

Employees51,000
Market Cap$1.72 billion
Next Earnings Date7/28/2020 (Estimated)
OptionableOptionable

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Healthcare Services Group (NASDAQ:HCSG) Frequently Asked Questions

How has Healthcare Services Group's stock been impacted by COVID-19 (Coronavirus)?

Healthcare Services Group's stock was trading at $21.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HCSG shares have increased by 5.4% and is now trading at $23.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Healthcare Services Group?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Healthcare Services Group.

When is Healthcare Services Group's next earnings date?

Healthcare Services Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Healthcare Services Group.

How were Healthcare Services Group's earnings last quarter?

Healthcare Services Group, Inc. (NASDAQ:HCSG) posted its earnings results on Tuesday, April, 21st. The business services provider reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.01. The business services provider had revenue of $449.20 million for the quarter, compared to analysts' expectations of $448.18 million. Healthcare Services Group had a return on equity of 16.77% and a net margin of 4.17%. Healthcare Services Group's revenue was down 5.7% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share. View Healthcare Services Group's earnings history.

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 Tuesday, April 21st. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.203 per share on Friday, June 26th. This represents a $0.81 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend is Thursday, May 21st. This is a positive change from Healthcare Services Group's previous quarterly dividend of $0.20. View Healthcare Services Group's dividend history.

What price target have analysts set for HCSG?

7 analysts have issued 1 year price objectives for Healthcare Services Group's stock. Their forecasts range from $21.00 to $43.00. On average, they anticipate Healthcare Services Group's share price to reach $30.14 in the next twelve months. This suggests a possible upside of 30.6% from the stock's current price. View analysts' price targets for Healthcare Services Group.

Has Healthcare Services Group been receiving favorable news coverage?

Headlines about HCSG stock have been trending negative on Friday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Healthcare Services Group earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Healthcare Services Group.

Are investors shorting Healthcare Services Group?

Healthcare Services Group saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 11,660,000 shares, a decline of 5.1% from the May 31st total of 12,290,000 shares. Based on an average trading volume of 969,800 shares, the days-to-cover ratio is presently 12.0 days. Approximately 15.8% of the shares of the stock are short sold. View Healthcare Services Group's Current Options Chain.

Who are some of Healthcare Services Group's key competitors?

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 LP Unit (ET), Gilead Sciences (GILD), Ford Motor (F), Starbucks (SBUX), Boeing (BA), Home Depot (HD), NVIDIA (NVDA), Netflix (NFLX), Pfizer (PFE) and Cisco Systems (CSCO).

Who are Healthcare Services Group's key executives?

Healthcare Services Group's management team includes the following people:
  • Mr. Theodore Wahl, Pres, CEO & Director (Age 45)
  • Mr. John Christopher Shea MBA, CPA, Exec. VP & CFO (Age 47)
  • Mr. David Hurlock, Exec. VP & COO (Age 44)
  • Mr. Andrew W. Kush AAI, Exec. VP & Chief Admin. Officer (Age 41)
  • Mr. Michael E. McBryan, Exec. VP, Chief Revenue Officer & Director (Age 54)

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 Riverbridge Partners LLC (5.69%), Confluence Investment Management LLC (0.80%) and Envestnet Asset Management Inc. (0.26%). Company insiders that own Healthcare Services Group stock include Dino D Ottaviano, Robert J Moss and Robert L Frome. View institutional ownership trends for Healthcare Services Group.

Which major investors are selling Healthcare Services Group stock?

HCSG stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity for Healthcare Services Group.

Which major investors are buying Healthcare Services Group stock?

HCSG stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, and Envestnet Asset Management Inc.. View insider buying and selling activity for Healthcare Services Group.

How do I buy shares of Healthcare Services Group?

Shares of HCSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Healthcare Services Group's stock price today?

One share of HCSG stock can currently be purchased for approximately $23.08.

How big of a company is Healthcare Services Group?

Healthcare Services Group has a market capitalization of $1.72 billion and generates $1.84 billion in revenue each year. The business services provider earns $64.58 million in net income (profit) each year or $0.87 on an earnings per share basis. Healthcare Services Group employs 51,000 workers across the globe.

What is Healthcare Services Group's official website?

The official website for Healthcare Services Group is www.hcsgcorp.com.

How can I contact Healthcare Services Group?

Healthcare Services Group's mailing address is 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA, 19020. The business services provider can be reached via phone at 215-639-4274 or via email at [email protected]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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