NASDAQ:HCSG Healthcare Services Group - HCSG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Healthcare Services Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $13.37 -0.10 (-0.74%) (As of 02/1/2023 02:27 PM ET) Add Compare Share Share Today's Range$13.35▼$13.6450-Day Range$12.00▼$13.9552-Week Range$11.55▼$20.54Volume195,325 shsAverage Volume574,030 shsMarket Capitalization$990.58 millionP/E Ratio49.52Dividend Yield6.63%Price Target$14.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Healthcare Services Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.1% Upside$14.50 Price TargetShort InterestHealthy5.07% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.50Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth63.89%From $0.36 to $0.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsBusiness Services Sector136th out of 327 stocksNursing & Personal Care Facilities Industry2nd out of 4 stocks 1.0 Analyst's Opinion Consensus RatingHealthcare Services Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.50, Healthcare Services Group has a forecasted upside of 8.1% from its current price of $13.41.Amount of Analyst CoverageHealthcare Services Group has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.07% of the float of Healthcare Services Group has been sold short.Short Interest Ratio / Days to CoverHealthcare Services Group has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Healthcare Services Group has recently decreased by 7.21%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHealthcare Services Group is a leading dividend payer. It pays a dividend yield of 6.63%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHealthcare Services Group has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Healthcare Services Group is 318.52%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Healthcare Services Group will have a dividend payout ratio of 145.76% in the coming year. This indicates that Healthcare Services Group may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HCSG. Previous Next 3.1 News and Social Media Coverage News SentimentHealthcare Services Group has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Healthcare Services Group this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for HCSG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Healthcare Services Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Healthcare Services Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Healthcare Services Group is held by insiders.Percentage Held by Institutions98.08% of the stock of Healthcare Services Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Healthcare Services Group are expected to grow by 63.89% in the coming year, from $0.36 to $0.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Healthcare Services Group is 49.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Healthcare Services Group is 49.67, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 229.04.Price to Book Value per Share RatioHealthcare Services Group has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Healthcare Services Group (NASDAQ:HCSG) StockHealthcare Services Group, Inc. engages in the provision of keeping, laundry, and dietary services to long-term care and related health care facilities. It operates through the following business segments: Housekeeping and Dietary. The Housekeeping segment consists of the management of the client's housekeeping department, which is responsible for the cleaning, disinfecting, and sanitizing of patient rooms and common areas of a client facility, as well as the laundering and processing of the personal clothing belonging to the facility's patients. The Dietary segment includes the management of the client's dietary department, which is responsible for food purchasing, meal preparation, and the provision of dietician consulting professional services. The company was founded by Daniel P. McCartney on November 22, 1976 and is headquartered in Bensalem, PA.Read More Receive HCSG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Healthcare Services Group and its competitors with MarketBeat's FREE daily newsletter. Email Address HCSG Stock News HeadlinesJanuary 23, 2023 | americanbankingnews.comHealthcare Services Group, Inc. (NASDAQ:HCSG) Short Interest UpdateDecember 28, 2022 | money.usnews.comMedical and Health Services ManagerFebruary 1, 2023 | Investing Trends (Ad)Huge Upside Potential With "Staggering" Solar DemandGlobal solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.November 20, 2022 | finance.yahoo.comHealthcare Services Group (NASDAQ:HCSG) stock falls 6.2% in past week as five-year earnings and shareholder returns continue downward trendNovember 3, 2022 | finance.yahoo.comHealthcare Services Group, Inc.'s (NASDAQ:HCSG) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?October 20, 2022 | nasdaq.comHealthcare Services Group, Inc. (NASDAQ:HCSG) Stock's On A Decline: Are Poor Fundamentals The Cause?October 19, 2022 | markets.businessinsider.comHealthcare Services Q3 Profit Misses, Revenue Tops; Stock Up In Pre-marketOctober 19, 2022 | seekingalpha.comHealthcare Services Group (HCSG) Q3 2022 Earnings Call TranscriptFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.October 19, 2022 | finance.yahoo.comHealthcare Services Group, Inc. Reports Q3 2022 ResultsOctober 18, 2022 | msn.comHealthcare Services Group Earnings PreviewSeptember 21, 2022 | thestreet.comWill This Target Price Increase Help Healthcare Services Group (HCSG) Today? (Update)September 16, 2022 | nasdaq.comShareholders in Healthcare Services Group (NASDAQ:HCSG) are in the red if they invested five years agoSeptember 5, 2022 | finance.yahoo.comHealthcare Services Group (NASDAQ:HCSG) Is Finding It Tricky To Allocate Its CapitalAugust 16, 2022 | seekingalpha.comHCSG Healthcare Services Group, Inc.August 16, 2022 | nasdaq.comIs Healthcare Services Group, Inc. (NASDAQ:HCSG) Expensive For A Reason? A Look At Its Intrinsic ValueAugust 16, 2022 | nasdaq.comHealthcare Services Group (NASDAQ:HCSG) Is Paying Out A Larger Dividend Than Last YearAugust 8, 2022 | msn.comHHS awards over $1 million to Alabama community health centersAugust 8, 2022 | finance.yahoo.comHealthcare Services Group (NASDAQ:HCSG) Is Increasing Its Dividend To $0.2138July 28, 2022 | finance.yahoo.comDo Options Traders Know Something About Healthcare Services (HCSG) Stock We Don't?July 23, 2022 | finance.yahoo.comHealthcare Services Group (NASDAQ:HCSG) Has Announced That It Will Be Increasing Its Dividend To $0.2138July 21, 2022 | nasdaq.comRSI Alert: Healthcare Services Group (HCSG) Now OversoldJuly 20, 2022 | finance.yahoo.comHealthcare Services (HCSG) Lags Q2 Earnings and Revenue EstimatesJuly 20, 2022 | benzinga.comWhy Healthcare Services Stock Is Plunging TodayJuly 20, 2022 | nasdaq.comHealthcare Services Q2 Profit Down, Misses Estimates; Revenues Rise; Declares DividendJuly 19, 2022 | finance.yahoo.comHealthcare Services (HCSG) Moves to Buy: Rationale Behind the UpgradeJuly 15, 2022 | nasdaq.comHCSG Crosses Above Key Moving Average LevelSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HCSG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Healthcare Services Group and its competitors with MarketBeat's FREE daily newsletter. Email Address HCSG Company Calendar Last Earnings10/19/2021Ex-Dividend for 12/22 Dividend11/17/2022Dividend Payable12/22/2022Today2/01/2023Next Earnings (Estimated)2/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nursing & personal care facilities Sub-IndustryDiversified Support Services SectorBusiness Services Current SymbolNASDAQ:HCSG CUSIP42190610 CIK731012 Webwww.hcsgcorp.com Phone(215) 639-4274Fax215-639-2152Employees39,200Year Founded1976Price Target and Rating Average Stock Price Forecast$14.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+8.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.27 Trailing P/E Ratio49.52 Forward P/E Ratio37.14 P/E GrowthN/ANet Income$45.86 million Net Margins1.22% Pretax Margin1.58% Return on Equity4.68% Return on Assets2.76% Debt Debt-to-Equity RatioN/A Current Ratio2.82 Quick Ratio2.69 Sales & Book Value Annual Sales$1.64 billion Price / Sales0.60 Cash Flow$0.87 per share Price / Cash Flow15.40 Book Value$6.07 per share Price / Book2.20Miscellaneous Outstanding Shares74,090,000Free Float72,977,000Market Cap$990.58 million OptionableOptionable Beta0.38 Social Links Key ExecutivesTheodore WahlPresident, Chief Executive Officer & DirectorAndrew W. KushChief Operating Officer & Executive Vice PresidentJason J. BundickSecretary, Chief Compliance Officer & Executive VPPatrick J. OrrChief Revenue Officer & Executive Vice PresidentJohn Christopher SheaChief Administrative OfficerKey CompetitorsCareMaxNASDAQ:CMAXCellebrite DINASDAQ:CLBTYoudaoNYSE:DAOOpendoor TechnologiesNASDAQ:OPENMarathon DigitalNASDAQ:MARAView All CompetitorsInsiders & InstitutionsEverence Capital Management Inc.Bought 12,090 shares on 1/31/2023Ownership: 0.016%New York State Common Retirement FundBought 1,097 shares on 1/30/2023Ownership: 0.489%International Assets Investment Management LLCBought 8,124 shares on 1/30/2023Ownership: 0.011%Comerica BankSold 12,655 shares on 1/26/2023Ownership: 0.059%Bridge City Capital LLCSold 904 shares on 1/25/2023Ownership: 0.175%View All Institutional Transactions HCSG Stock - Frequently Asked Questions Should I buy or sell Healthcare Services Group stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HCSG shares. 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 HCSG analyst ratings or view top-rated stocks. What is Healthcare Services Group's stock price forecast for 2023? 4 analysts have issued 12-month price targets for Healthcare Services Group's stock. Their HCSG share price forecasts range from $12.00 to $18.00. On average, they anticipate the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. View analysts price targets for HCSG or view top-rated stocks among Wall Street analysts. How have HCSG shares performed in 2023? Healthcare Services Group's stock was trading at $12.00 at the beginning of 2023. Since then, HCSG stock has increased by 12.3% and is now trading at $13.47. View the best growth stocks for 2023 here. When is Healthcare Services Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023. View our HCSG earnings forecast. How were Healthcare Services Group's earnings last quarter? Healthcare Services Group, Inc. (NASDAQ:HCSG) released its quarterly earnings data on Tuesday, October, 19th. The business services provider reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.13. The business services provider had revenue of $415.60 million for the quarter, compared to analysts' expectations of $410.48 million. Healthcare Services Group had a trailing twelve-month return on equity of 4.68% and a net margin of 1.22%. Healthcare Services Group's quarterly revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 earnings per share. How often does Healthcare Services Group pay dividends? What is the dividend yield for Healthcare Services Group? Healthcare Services Group declared a quarterly dividend on Wednesday, October 19th. Investors 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 dividend yield of 6.38%. The ex-dividend date of this dividend 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. Is Healthcare Services Group a good dividend stock? Healthcare Services Group (NASDAQ:HCSG) pays an annual dividend of $0.86 per share and currently has a dividend yield of 6.57%. HCSG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 318.52%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HCSG will have a dividend payout ratio of 145.76% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for HCSG. What is Ted Wahl's approval rating as Healthcare Services Group's CEO? 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. 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), Boeing (BA), Cisco Systems (CSCO), Ford Motor (F), Home Depot (HD), NVIDIA (NVDA), Starbucks (SBUX) and 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 Riverbridge Partners LLC (2.86%), New York State Common Retirement Fund (0.49%), Confluence Investment Management LLC (0.29%), Bridge City Capital LLC (0.17%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Andrew Kush, Dino D Ottaviano, John Briggs, Michael E Mcbryan and Robert L Frome. View institutional ownership trends. How do I buy shares of Healthcare Services Group? 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. Compare Top Brokerages Here. What is Healthcare Services Group's stock price today? One share of HCSG stock can currently be purchased for approximately $13.47. How much money does Healthcare Services Group make? Healthcare Services Group (NASDAQ:HCSG) has a market capitalization of $997.99 million and generates $1.64 billion in revenue each year. The business services provider earns $45.86 million in net income (profit) each year or $0.27 on an earnings per share basis. How many employees does Healthcare Services Group have? The company employs 39,200 workers across the globe. How can I contact Healthcare Services Group? 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. This page (NASDAQ:HCSG) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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