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 "buy" HCSG shares.
View HCSG analyst ratings or view top-rated stocks.

4 brokers 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 predict the company's stock price to reach $15.60 in the next twelve months. This suggests a possible upside of 9.9% 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 on January 1st, 2023. Since then, HCSG stock has increased by 18.3% and is now trading at $14.20.
View the best growth stocks for 2023 here.

Healthcare Services Group saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,460,000 shares, a decrease 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 currently 4.5 days. Currently, 6.1% of the company's shares are sold short.
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) issued its quarterly earnings data on Wednesday, April, 26th. The business services provider reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The business services provider had revenue of $417.23 million for the quarter, compared to analysts' expectations 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%. Healthcare Services Group's revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 earnings per share.

Healthcare Services Group announced a quarterly dividend on Wednesday, October 19th. Shareholders 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 yield of 6.06%. 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.

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 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.

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 $14.20.

Healthcare Services Group (NASDAQ:HCSG) has a market capitalization of $1.05 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.