NASDAQ:HCSG

Healthcare Services Group Stock Forecast, Price & News

$26.10
-0.19 (-0.72 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$25.89
$26.51
50-Day Range
$26.10
$32.75
52-Week Range
$20.05
$35.80
Volume611,300 shs
Average Volume555,167 shs
Market Capitalization$1.95 billion
P/E Ratio21.75
Dividend Yield3.18%
Beta0.42
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Healthcare Services Group logo

About Healthcare Services Group

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's facility. The Dietary segment provides food purchasing, meal preparation, and 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, 2020, the company provided its services to approximately 3,000 facilities. Healthcare Services Group, Inc. was incorporated in 1976 and is based in Bensalem, Pennsylvania.

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MarketRank

Overall MarketRank

2.41 out of 5 stars

Business Services Sector

113th out of 553 stocks

Nursing & Personal Care Facilities Industry

2nd out of 8 stocks

Analyst Opinion: 2.0Community Rank: 4.0Dividend Strength: 4.2Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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Healthcare Services Group (NASDAQ:HCSG) Frequently Asked Questions

Is Healthcare Services Group a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Healthcare Services Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HCSG, but not buy additional shares or sell existing shares.
View analyst ratings for Healthcare Services Group
or view top-rated stocks.

What stocks does MarketBeat like better than Healthcare Services Group?

Wall Street analysts have given Healthcare Services Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Healthcare Services Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Healthcare Services Group?

Healthcare Services Group saw a decrease in short interest in July. As of July 15th, there was short interest totaling 8,900,000 shares, a decrease of 17.4% from the June 30th total of 10,780,000 shares. Based on an average trading volume of 500,400 shares, the days-to-cover ratio is presently 17.8 days. Approximately 12.0% of the company's shares are sold short.
View Healthcare Services Group's Short Interest
.

When is Healthcare Services Group's next earnings date?

Healthcare Services Group is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Healthcare Services Group
.

How were Healthcare Services Group's earnings last quarter?

Healthcare Services Group, Inc. (NASDAQ:HCSG) announced its quarterly earnings data on Tuesday, July, 20th. The business services provider reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by $0.16. The business services provider had revenue of $398.20 million for the quarter, compared to analyst estimates of $407.24 million. Healthcare Services Group had a net margin of 5.38% and a trailing twelve-month return on equity of 18.60%. Healthcare Services Group's quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.31 EPS.
View Healthcare Services Group's earnings history
.

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

Healthcare Services Group's stock was trading at $21.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HCSG shares have increased by 19.2% and is now trading at $26.10.
View which stocks have been most impacted by COVID-19
.

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 Wednesday, July 21st. Shareholders of record on Friday, August 20th will be paid a dividend of $0.209 per share on Friday, September 24th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date is Thursday, August 19th. This is an increase from Healthcare Services Group's previous quarterly dividend of $0.21.
View Healthcare Services Group's dividend history
.

Is Healthcare Services Group a good dividend stock?

Healthcare Services Group pays an annual dividend of $0.83 per share and currently has a dividend yield of 3.18%. Healthcare Services Group has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Healthcare Services Group is 62.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Healthcare Services Group will have a dividend payout ratio of 70.94% next year. This indicates that Healthcare Services Group will be able to sustain or increase its dividend.
View Healthcare Services Group's dividend history.

What price target have analysts set for HCSG?

4 Wall Street analysts have issued 12 month target prices for Healthcare Services Group's shares. Their forecasts range from $29.00 to $31.00. On average, they anticipate Healthcare Services Group's stock price to reach $30.00 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
View analysts' price targets for Healthcare Services Group
or view top-rated stocks among Wall Street analysts.

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 47, Pay $1.5M)
  • Mr. John Christopher Shea CPA, M.B.A., MBA, CPA, Exec. VP & CFO (Leave of Absence) (Age 49, Pay $737.13k)
  • Mr. Andrew W. Kush AAI, Exec. VP & COO (Age 43, Pay $869.65k)
  • Mr. Jason J. Bundick, Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec. (Age 44, Pay $544.14k)
  • Mr. Andrew Brophy, Acting Principal Accounting Officer (Age 31)
  • Mr. Matthew J. McKee MBA, Chief Communications Officer
  • Mr. Bryan D. McCartney, Exec. VP (Age 60)
  • Mr. Patrick J. Orr, Chief Revenue Officer

What is Ted Wahl's approval rating as Healthcare Services Group's CEO?

335 employees have rated Healthcare Services Group CEO Ted Wahl on Glassdoor.com. Ted Wahl has an approval rating of 72% among Healthcare Services Group's employees.

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 (ET), Gilead Sciences (GILD), Pfizer (PFE), The Boeing (BA), Cisco Systems (CSCO), Ford Motor (F), The Home Depot (HD), NVIDIA (NVDA), Starbucks (SBUX) and The 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 number of institutional and retail investors. Top institutional shareholders include Marathon Asset Management LLP (2.08%), Confluence Investment Management LLC (1.01%), Scout Investments Inc. (0.28%), Granite Investment Partners LLC (0.24%), Alliancebernstein L.P. (0.24%) and Avalon Investment & Advisory (0.23%). Company insiders that own Healthcare Services Group stock include Andrew Kush, Dino D Ottaviano, Michael E Mcbryan 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 Marathon Asset Management LLP, Confluence Investment Management LLC, Scout Investments Inc., State of Michigan Retirement System, and Alliancebernstein L.P.. Company insiders that have sold Healthcare Services Group company stock in the last year include Andrew Kush, Dino D Ottaviano, Michael E Mcbryan, and Robert L Frome.
View insider buying and selling activity for Healthcare Services Group
or view top insider-selling stocks.

Which major investors are buying Healthcare Services Group stock?

HCSG stock was acquired by a variety of institutional investors in the last quarter, including Avalon Investment & Advisory, Versor Investments LP, Legacy Capital Partners Inc., Icon Wealth Partners LLC, New Mexico Educational Retirement Board, NEXT Financial Group Inc, Granite Investment Partners LLC, and Cardinal Capital Management.
View insider buying and selling activity for Healthcare Services Group
or or view top insider-buying stocks.

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 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 $26.10.

How much money does Healthcare Services Group make?

Healthcare Services Group has a market capitalization of $1.95 billion and generates $1.76 billion in revenue each year. The business services provider earns $98.68 million in net income (profit) each year or $1.32 on an earnings per share basis.

How many employees does Healthcare Services Group have?

Healthcare Services Group employs 44,200 workers across the globe.

What is Healthcare Services Group's official website?

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

Where are Healthcare Services Group's headquarters?

Healthcare Services Group is headquartered at 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA, 19020.

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 8/2/2021 by MarketBeat.com Staff
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