Healthcare Services Group, Inc. (HCSG)

NASDAQ: HCSG · Real-Time Price · USD
11.39
+0.03 (0.26%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.26%
Market Cap 834.79M
Revenue (ttm) 1.70B
Net Income (ttm) 51.06M
Shares Out 73.29M
EPS (ttm) 0.69
PE Ratio 16.48
Forward PE 13.86
Dividend n/a
Ex-Dividend Date n/a
Volume 228,414
Open 11.30
Previous Close 11.36
Day's Range 11.24 - 11.48
52-Week Range 8.98 - 13.00
Beta 0.52
Analysts Buy
Price Target 14.00 (+22.92%)
Earnings Date Oct 23, 2024

About HCSG

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. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of the customers’ facilities, as well as laundering and processing of the bed linens, uniform... [Read more]

Sector Healthcare
Founded 1976
Employees 33,400
Stock Exchange NASDAQ
Ticker Symbol HCSG
Full Company Profile

Financial Performance

In 2023, Healthcare Services Group's revenue was $1.67 billion, a decrease of -1.11% compared to the previous year's $1.69 billion. Earnings were $38.39 million, an increase of 12.10%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for HCSG stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 22.92% from the latest price.

Price Target
$14.0
(22.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Healthcare Services Group, Inc. (HCSG) Q3 2024 Earnings Call Transcript

Healthcare Services Group, Inc. (NASDAQ:HCSG) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Ted Wahl - President and Chief Executive Officer Matt McKee - Chief Com...

4 weeks ago - Seeking Alpha

Healthcare Services Group, Inc. (HCSG) Q2 2024 Earnings Call Transcript

Healthcare Services Group, Inc. (NASDAQ:HCSG) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Ted Wahl – President and Chief Executive Officer Matt McKee – Chief Commun...

4 months ago - Seeking Alpha

HCSG Provides Update On Client Restructuring; Reiterates 2024 Cash Flow Forecast & ROY Outlook

BENSALEM, Pa.--(BUSINESS WIRE)--HCSG Provides Update On Client Restructuring; Reiterates 2024 Cash Flow Forecast & ROY Outlook.

6 months ago - Business Wire

HCSG Reports Q1 2024 Results

BENSALEM, PA--(BUSINESS WIRE)--HCSG Reports Q1 2024 Results Exceeds Earnings Expectations, Revenue In Line; Reiterates 2024 Cash Flow Forecast & Expectation For YoY Revenue Growth.

7 months ago - Business Wire

Healthcare Services Group, Inc. (HCSG) Q4 2023 Earnings Call Transcript

Healthcare Services Group, Inc. (HCSG) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Nexstim Receives NBS System 5 Order from Healthcare Services Group in the US

Press release, Helsinki, 10 January 2024 at 10 AM (EET) Nexstim Receives NBS System 5 Order from Healthcare Services Group in the US Nexstim Plc (NXTMH:HEX) ("Nexstim" or "Company") has received an or...

11 months ago - GlobeNewsWire

Elevance, HCSC interested in Cigna's Medicare Advantage unit

Elevance Health Inc (NYSE: ELV) and Health Care Services Corp (NASDAQ: HCSG) are reportedly interested in buying the Medicare Advantage unit of Cigna Group (NYSE: CI). Here's what we know so far The s...

Other symbols: CIELV
1 year ago - Invezz

Healthcare Services Group, Inc. (HCSG) Q3 2023 Earnings Call Transcript

Healthcare Services Group, Inc. (NASDAQ:HCSG) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Ted Wahl - President and Chief Executive Officer Matt McKee - Chief Com...

1 year ago - Seeking Alpha

Healthcare Services Group, Inc. (HCSG) Q2 2023 Earnings Call Transcript

Healthcare Services Group, Inc. (NASDAQ:HCSG) Q2 2023 Earnings Conference Call July 26, 2023 8:30 AM ET Company Participants Ted Wahl - President and Chief Executive Officer Matt McKee - Chief Commun...

1 year ago - Seeking Alpha

Healthcare Services Group, Inc. Reports Q2 2023 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. Reports Q2 2023 Results.

1 year ago - Business Wire

Healthcare Services Group, Inc. Reports Q1 2023 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. Reports Q1 2023 Results.

1 year ago - Business Wire

Health Care Services Group Is a Possible Triple Bagger

Healthcare Services Group Inc. ( HCSG , Financial) is a third-party provider of services, including housekeeping, dining, nutrition planning and laundry, to health care providers such as hospitals, nu...

1 year ago - GuruFocus

March's 5 Dividend Growth Stocks With 5.73%+ Yields

After a strong start to the year, February pulled us back down to reality. Asset prices have again dropped due to expectations of higher interest rates for longer.

1 year ago - Seeking Alpha

Healthcare Services Group, Inc. (HCSG) Q4 2022 Earnings Call Transcript

Healthcare Services Group, Inc. (NASDAQ:HCSG) Q4 2022 Earnings Conference Call February 15, 2023 8:30 AM ET Company Participants Ted Wahl - President and CEO Matt McKee - Chief Communications Officer...

1 year ago - Seeking Alpha

Healthcare Services Group, Inc. Reports Q4 2022 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended December 31, 2022 revenue of $424.0 million, net income of $16.2 milli...

1 year ago - Business Wire

My Dividend Growth Portfolio - Final 2022 Recap

2022 was another fantastic year for dividend growth, with my income increasing by over 13%. I recount every sale made during the year and the replacement purchases.

2 years ago - Seeking Alpha

Healthcare Services Group (HCSG) Q3 2022 Earnings Call Transcript

Healthcare Services Group Inc. (NASDAQ:HCSG) Q3 2022 Earnings Conference Call October 19, 2022 8:30 AM ET Company Participants Ted Wahl - President, Chief Executive Officer Matt McKee - Chief Communi...

2 years ago - Seeking Alpha

Healthcare Services Group, Inc. Reports Q3 2022 Results

BENSALEM, Pa.

2 years ago - Business Wire

Healthcare Services Group, Inc. (HCSG) CEO Ted Wahl on Q2 2022 Results - Earnings Call Transcript

Healthcare Services Group, Inc. (NASDAQ:HCSG) Q2 2022 Earnings Conference Call July 20, 2022 8:30 AM ET Company Participants Ted Wahl - President & Chief Executive Officer Matt McKee - Chief Communic...

2 years ago - Seeking Alpha

Healthcare Services Group, Inc. Reports Q2 2022 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended June 30, 2022 revenue of $424.9 million and net income of $6.8 million...

2 years ago - Business Wire

Healthcare Services Group, Inc. Announces Settlement of Shareholder Derivative Lawsuits

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. Announces Settlement of Shareholder Derivative Lawsuits

2 years ago - Business Wire

Healthcare Services Group, Inc. (HCSG) CEO Ted Wahl on Q1 2022 Results - Earnings Call Transcript

Vext Science, Inc. (OTCQX:VEXTF) Q1 2022 Earnings Conference Call April 20, 2022 8:30 AM ET Company Participants Ted Wahl - President and CEO Matt McKee - Head of Corporate Communications Conference C...

2 years ago - Seeking Alpha

Healthcare Services Stock Gains After Q1 Earnings Beat

Healthcare Services Group, Inc. (NASDAQ: HCSG) reported first-quarter FY22 revenue growth of 4.7% year-over-year to $426.8 million, beating the consensus of $424.77 million. Segment revenue: Housekeep...

2 years ago - Benzinga

Healthcare Services Group, Inc. Reports Q1 2022 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. Reports Q1 2022 Results

2 years ago - Business Wire

Healthcare Services Group: 5.2% Dividend Yield And 18 Straight Years Of Dividend Growth

HCSG is heavily leveraged to the growth of the senior housing/care industry, which has been struggling in recent years due to overbuilding and delayed onset of demand.

2 years ago - Seeking Alpha