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Healthcare Services Group Stock Forecast, Price & News

-0.23 (-0.97 %)
(As of 10/23/2020 12:00 AM ET)
Today's Range
Now: $23.60
50-Day Range
MA: $22.05
52-Week Range
Now: $23.60
Volume1.04 million shs
Average Volume739,055 shs
Market Capitalization$1.76 billion
P/E Ratio21.85
Dividend Yield3.40%
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. The company 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, 2019, the company provided its services to approximately 3,000 facilities. Healthcare Services Group, Inc. was founded in 1976 and is headquartered in Bensalem, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.74 out of 5 stars

Industry, Sector and Symbol

Industry Nursing & personal care facilities
Sub-IndustryDiversified Support Services
Current SymbolNASDAQ:HCSG



Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$1.09 per share
Book Value$6.21 per share


Net Income$64.58 million


Market Cap$1.76 billion
Next Earnings Date2/9/2021 (Estimated)
-0.23 (-0.97 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Healthcare Services Group (NASDAQ:HCSG) Frequently Asked Questions

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

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 7.8% and is now trading at $23.60.
View which stocks have been most impacted by COVID-19

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last year. There are currently 6 hold 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, February 9th 2021.
View our earnings forecast for Healthcare Services Group

How were Healthcare Services Group's earnings last quarter?

Healthcare Services Group, Inc. (NASDAQ:HCSG) released its earnings results on Wednesday, October, 21st. The business services provider reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.10. The business services provider earned $435.95 million during the quarter, compared to analyst estimates of $435.96 million. Healthcare Services Group had a return on equity of 17.86% and a net margin of 4.46%. The company's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 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 Thursday, October 22nd. Stockholders of record on Friday, November 20th will be paid a dividend of $0.205 per share on Thursday, December 24th. This represents a $0.82 annualized dividend and a yield of 3.47%. The ex-dividend date is Thursday, November 19th. 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?

6 analysts have issued twelve-month price targets for Healthcare Services Group's shares. Their forecasts range from $21.00 to $33.00. On average, they anticipate Healthcare Services Group's stock price to reach $26.80 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
View analysts' price targets for Healthcare Services Group

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), Home Depot (HD), NVIDIA (NVDA), Starbucks (SBUX) and The Procter & Gamble (PG).

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 46, Pay $1.23M)
  • Mr. John Christopher Shea CPA, M.B.A., MBA, CPA, Exec. VP & CFO (Age 48, Pay $684.67k)
  • Mr. Andrew W. Kush AAI, Exec. VP & COO (Age 41, Pay $584.78k)
  • Mr. Jason J. Bundick, Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec. (Age 43, Pay $484.06k)
  • Mr. Michael E. McBryan, Exec. VP, Chief Revenue Officer & Director (Age 55, Pay $998.7k)
  • Mr. Matthew J. McKee MBA, Chief Communications Officer
  • Mr. Bryan D. McCartney, Exec. VP (Age 59)

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 many different retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (6.57%), Confluence Investment Management LLC (0.74%), Envestnet Asset Management Inc. (0.34%), Scout Investments Inc. (0.27%), Cambiar Investors LLC (0.12%) and North Star Investment Management Corp. (0.11%). 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 institutional 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, Scout Investments Inc., Loveless Wealth Management LLC, Raymond James Trust N.A., and State of Alaska Department of Revenue.
View insider buying and selling activity for Healthcare Services Group

Which institutional investors are buying Healthcare Services Group stock?

HCSG stock was bought by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Envestnet Asset Management Inc., Pacer Advisors Inc., Vestmark Advisory Solutions Inc., North Star Investment Management Corp., Cambiar Investors LLC, NEXT Financial Group Inc, and Icon Wealth Partners LLC.
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 $23.60.

How big of a company is Healthcare Services Group?

Healthcare Services Group has a market capitalization of $1.76 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 10/24/2020 by MarketBeat.com Staff

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