Healthcare Services Group Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities research 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.

Wall Street analysts have given Healthcare Services Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Healthcare Services Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Healthcare Services Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Healthcare Services Group.

Healthcare Services Group, Inc. (NASDAQ:HCSG) posted its quarterly earnings data on Tuesday, April, 20th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.06. The business services provider earned $407.75 million during the quarter, compared to analyst estimates of $403.12 million. Healthcare Services Group had a trailing twelve-month return on equity of 19.82% and a net margin of 5.04%. The firm's revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.27 earnings per share.
View Healthcare Services Group's earnings history.

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 36.9% and is now trading at $29.96.
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Healthcare Services Group announced a quarterly dividend on Wednesday, April 21st. Investors of record on Friday, May 21st will be given a dividend of $0.207 per share on Friday, June 25th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Thursday, May 20th. This is a boost from Healthcare Services Group's previous quarterly dividend of $0.21.
View Healthcare Services Group's dividend history.

Healthcare Services Group pays an annual dividend of $0.82 per share and currently has a dividend yield of 2.75%. 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 94.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Healthcare Services Group will have a dividend payout ratio of 69.49% next year. This indicates that Healthcare Services Group will be able to sustain or increase its dividend.
View Healthcare Services Group's dividend history.

5 Wall Street analysts have issued 12 month target prices for Healthcare Services Group's stock. Their forecasts range from $29.00 to $33.00. On average, they expect Healthcare Services Group's share price to reach $30.75 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
View analysts' price targets for Healthcare Services Group or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Healthcare Services Group include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT).
View all of HCSG's competitors.

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).

Healthcare Services Group trades on the NASDAQ under the ticker symbol "HCSG."

Healthcare Services Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.38%), Riverbridge Partners LLC (6.85%), Marathon Asset Management LLP (2.25%), Royce & Associates LP (1.50%), Confluence Investment Management LLC (1.04%) and Rockefeller Capital Management L.P. (1.03%). 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.

HCSG stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Marathon Asset Management LLP, Riverbridge Partners LLC, BNP Paribas Arbitrage SA, Fenimore Asset Management Inc., Great Lakes Advisors LLC, Rockefeller Capital Management L.P., and FDx Advisors Inc.. 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.

HCSG stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., HighTower Advisors LLC, Envestnet Asset Management Inc., Principal Financial Group Inc., Victory Capital Management Inc., Royce & Associates LP, Assenagon Asset Management S.A., and Scout Investments Inc..
View insider buying and selling activity for Healthcare Services Group or or view top insider-buying stocks.

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.
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One share of HCSG stock can currently be purchased for approximately $29.96.

Healthcare Services Group has a market capitalization of $2.24 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 44,200 workers across the globe.

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

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

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]