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

4 Wall Street 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 research analysts is that investors should "buy" HCSG shares.
View HCSG analyst ratings or view top-rated stocks.

4 analysts have issued 1-year target prices for Healthcare Services Group's shares. Their HCSG share price forecasts range from $14.00 to $18.00. On average, they anticipate the company's share price to reach $15.60 in the next year. This suggests a possible upside of 12.1% 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 increased by 16.0% and is now trading at $13.92.
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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 days-to-cover ratio is presently 4.5 days. Approximately 6.1% of the shares of the company are short sold.
View Healthcare Services Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our HCSG earnings forecast.

Healthcare Services Group, Inc. (NASDAQ:HCSG) posted its quarterly earnings data on Wednesday, April, 26th. The business services provider reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The business services provider earned $417.23 million during the quarter, compared to analyst estimates of $423.51 million. Healthcare Services Group had a trailing twelve-month return on equity of 8.34% and a net margin of 2.14%. The business's revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share.

Healthcare Services Group declared a quarterly dividend on Wednesday, October 19th. Stockholders of record on Friday, November 18th will be paid a dividend of $0.215 per share on Thursday, December 22nd. This represents a $0.86 dividend on an annualized basis and a yield of 6.18%. The ex-dividend date is Thursday, November 17th. This is an increase 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 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).

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 a number of institutional and retail investors. Top institutional investors 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.

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 $13.92.

Healthcare Services Group (NASDAQ:HCSG) has a market capitalization of $1.03 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.

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.