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NASDAQ:HCSG

Healthcare Services Group (HCSG) Stock Forecast, Price & News

$14.16
-0.04 (-0.28%)
(As of 12:39 PM ET)
Compare
Today's Range
$14.06
$14.30
50-Day Range
$12.37
$15.61
52-Week Range
$11.55
$18.74
Volume
153,764 shs
Average Volume
879,121 shs
Market Capitalization
$1.05 billion
P/E Ratio
29.50
Dividend Yield
N/A
Price Target
$15.60

Healthcare Services Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.9% Upside
$15.60 Price Target
Short Interest
Healthy
6.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.39mentions of Healthcare Services Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.70%
From $0.73 to $0.83 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Business Services Sector

192nd out of 346 stocks

Nursing & Personal Care Facilities Industry

4th out of 5 stocks


HCSG stock logo

About Healthcare Services Group (NASDAQ:HCSG) Stock

Healthcare 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.

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HCSG Stock News Headlines

New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
RBC Capital Keeps Their Buy Rating on Healthcare Services (HCSG)
Health Care Services Group Is a Possible Triple Bagger
HCSG Crosses Above Average Analyst Target
Positive Report for Healthcare Services (HCSG) from RBC Capital
See More Headlines
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HCSG Company Calendar

Last Earnings
4/26/2023
Today
5/30/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nursing & personal care facilities
Sub-Industry
Diversified Support Services
Current Symbol
NASDAQ:HCSG
CUSIP
42190610
Employees
35,700
Year Founded
1976

Price Target and Rating

Average Stock Price Forecast
$15.60
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+9.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$34.63 million
Pretax Margin
2.79%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$0.70 per share
Book Value
$5.75 per share

Miscellaneous

Free Float
73,082,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
0.37

Social Links


Key Executives

  • Theodore Wahl
    President, Chief Executive Officer & Director
  • Andrew W. Kush
    Chief Operating Officer & Executive Vice President
  • Jason J. Bundick
    Secretary & Chief Compliance Officer
  • Patrick J. Orr
    Chief Revenue Officer & Executive Vice President
  • John Christopher Shea
    Chief Administrative Officer













HCSG Stock - Frequently Asked Questions

Should I buy or sell Healthcare Services Group stock right now?

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.

What is Healthcare Services Group's stock price forecast for 2023?

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.

How have HCSG shares performed in 2023?

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
.

Are investors shorting Healthcare Services Group?

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
.

When is Healthcare Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our HCSG earnings forecast
.

How were Healthcare Services Group's earnings last quarter?

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.

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, 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
.

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 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
.

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 $14.20.

How much money does Healthcare Services Group make?

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.

How many employees does Healthcare Services Group have?

The company employs 35,700 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 5/30/2023 by MarketBeat.com Staff

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