S&P 500   3,768.25
DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:HCSG

Healthcare Services Group Stock Forecast, Price & News

$30.37
-2.05 (-6.32 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$29.89
Now: $30.37
$32.32
50-Day Range
$23.11
MA: $26.95
$32.42
52-Week Range
$15.80
Now: $30.37
$33.03
Volume817,500 shs
Average Volume666,380 shs
Market Capitalization$2.26 billion
P/E Ratio25.31
Dividend Yield2.70%
Beta0.44
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.
Healthcare Services Group logo

MarketRank

Overall MarketRank

1.41 out of 5 stars

Business Services Sector

107th out of 359 stocks

Nursing & Personal Care Facilities Industry

1st out of 4 stocks

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Nursing & personal care facilities
Sub-IndustryDiversified Support Services
Current SymbolNASDAQ:HCSG
CUSIP42190610
Phone215-639-4274
Employees51,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$1.02 per share
Book Value$6.21 per share

Profitability

Net Income$64.58 million

Miscellaneous

Market Cap$2.26 billion
Next Earnings Date2/9/2021 (Estimated)
OptionableOptionable
$30.37
-2.05 (-6.32 %)
(As of 01/15/2021 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 Coronavirus (COVID-19)?

Healthcare Services Group's stock was trading at $21.89 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HCSG shares have increased by 38.7% and is now trading at $30.37.
View which stocks have been most impacted by COVID-19
.

Is Healthcare Services Group a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

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 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.
View MarketBeat's top stock picks here.

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) announced its earnings results on Wednesday, October, 21st. The business services provider reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate 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 19.82% and a net margin of 5.04%. The firm's quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $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 declared a quarterly dividend on Thursday, October 22nd. Shareholders 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 dividend yield of 2.70%. The ex-dividend date is Thursday, November 19th. This is a boost from Healthcare Services Group's previous quarterly dividend of $0.20.
View Healthcare Services Group's dividend history
.

Is Healthcare Services Group a good dividend stock?

Healthcare Services Group pays an annual dividend of $0.82 per share and currently has a dividend yield of 2.70%. Healthcare Services Group has been increasing its dividend for 16 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.

What price target have analysts set for HCSG?

6 analysts have issued 1 year price objectives for Healthcare Services Group's stock. Their forecasts range from $21.00 to $33.00. On average, they expect Healthcare Services Group's stock price to reach $26.80 in the next twelve months. This suggests that the stock has a possible downside of 11.8%.
View analysts' price targets for Healthcare Services Group
or view Wall Street analyst' top-rated stocks.

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).

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 $1.23M)
  • Mr. John Christopher Shea CPA, M.B.A., MBA, CPA, Exec. VP & CFO (Age 49, Pay $684.67k)
  • Mr. Andrew W. Kush AAI, Exec. VP & COO (Age 42, Pay $584.78k)
  • Mr. Jason J. Bundick, Exec. VP, Chief Compliance Officer, Gen. Counsel & Sec. (Age 44, Pay $484.06k)
  • Mr. Michael E. McBryan, Director & Advisor (Age 56, Pay $998.7k)
  • 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 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 institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.27%), North Star Investment Management Corp. (0.11%), Raymond James Trust N.A. (0.02%) and State of Alaska Department of Revenue (0.02%). 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 institutional investors are selling Healthcare Services Group stock?

HCSG stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Raymond James Trust N.A., and State of Alaska Department of Revenue. 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 institutional investors are buying Healthcare Services Group stock?

HCSG stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc..
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.

What is Healthcare Services Group's stock price today?

One share of HCSG stock can currently be purchased for approximately $30.37.

How big of a company is Healthcare Services Group?

Healthcare Services Group has a market capitalization of $2.26 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 1/18/2021 by MarketBeat.com Staff

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