Healthcare Services Group, Inc. (HCSG)

NASDAQ: HCSG · IEX Real-Time Price · USD
14.18
+0.22 (1.58%)
Aug 8, 2022 4:00 PM EDT - Market closed
1.58%
Market Cap 1.05B
Revenue (ttm) 1.69B
Net Income (ttm) 29.79M
Shares Out 74.05M
EPS (ttm) 0.39
PE Ratio 36.36
Forward PE 33.33
Dividend $0.85 (5.98%)
Ex-Dividend Date Aug 18, 2022
Volume 650,189
Open 14.03
Previous Close 13.96
Day's Range 13.85 - 14.20
52-Week Range 13.66 - 28.68
Beta 0.22
Analysts Hold
Price Target 16.58 (+16.9%)
Earnings Date Jul 20, 2022

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 client's facility, as well as laundering and processing of the bed linens, uniforms, r... [Read more...]

Industry Commercial Services & Supplies
Founded 1976
CEO Theodore Wahl
Employees 39,200
Stock Exchange NASDAQ
Ticker Symbol HCSG
Full Company Profile

Financial Performance

In 2021, HCSG's revenue was $1.64 billion, a decrease of -6.72% compared to the previous year's $1.76 billion. Earnings were $45.86 million, a decrease of -53.52%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for HCSG stock is "Hold." The 12-month stock price forecast is 16.58, which is an increase of 16.93% from the latest price.

Price Target
$16.58
(16.93% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Healthcare Services (HCSG) Lags Q2 Earnings and Revenue Estimates

Healthcare Services (HCSG) delivered earnings and revenue surprises of -25% and 0.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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, ...

Healthcare Services (HCSG) Moves to Buy: Rationale Behind the Upgrade

Healthcare Services (HCSG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Has Healthcare Services Group (HCSG) Outpaced Other Business Services Stocks This Year?

Here is how Healthcare Services (HCSG) and Ritchie Bros. (RBA) have performed compared to their sector so far this year.

7 Dividend Stocks to Avoid Despite Their Juicy Yields

Amongst the high yielders (dividend yield of 5% or higher), these seven should be considered dividend stocks to avoid. The post 7 Dividend Stocks to Avoid Despite Their Juicy Yields appeared first on In...

Other symbols: ARIBGSCCOIJOANORCVGR

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

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

Can Healthcare Services (HCSG) Climb 37% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 37% upside potential for Healthcare Services (HCSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e...

This Dividend Stock Has Been Increasing Its Payouts for 75 Straight Periods

Healthcare Services is not a Dividend King but it has an impressive streak going.

Other symbols: JNJ

This High-Yielding Healthcare Stock Might Be Worth the Risk

These three charts show why.

Healthcare Services (HCSG) Surpasses Q1 Earnings and Revenue Estimates

Healthcare Services (HCSG) delivered earnings and revenue surprises of 150% and 0.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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: Housekeepin...

Healthcare Services Group, Inc. Reports Q1 2022 Results

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

Healthcare Services (HCSG) Q4 Earnings Miss Estimates

Healthcare Services (HCSG) delivered earnings and revenue surprises of -76.92% and 0.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Healthcare Services Group, Inc. Reports Q4 2021 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. Reports Q4 2021 Results

Earnings Preview: Healthcare Services (HCSG) Q4 Earnings Expected to Decline

Healthcare Services (HCSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Shares of Healthcare Services Group Dived by 14% Today

Its Q3 profitability fell notably short of expectations.

Healthcare Services Stock Falls After Q3 Earnings Miss, Warns On Challenging Environment

Healthcare Services Group Inc's (NASDAQ: HCSG) Q3 profit fell 65% to $9.5 million, with an EPS of $0.13, missing the consensus of $0.26. Q3 sales of $415.6 million were down 4.7% Y/Y, better than the ex...

Healthcare Services (HCSG) Q3 Earnings Miss Estimates

Healthcare Services (HCSG) delivered earnings and revenue surprises of -50.00% and 1.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Healthcare Services Group, Inc. Reports Q3 2021 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended September 30, 2021 revenue of $415.6 million and net income of $9.5 mill...

Analysts Estimate Healthcare Services (HCSG) to Report a Decline in Earnings: What to Look Out for

Healthcare Services (HCSG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Healthcare Services Group to pay $6 million SEC fine over inflated earnings

Healthcare Services Group Inc agreed to pay a $6 million fine to settle U.S. Securities and Exchange Commission civil charges over accounting and disclosure violations that enabled it to report inflated...

Healthcare Services Group, Inc. Announces Conclusion of SEC Matter

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) today announced it has entered into a settlement with the Securities and Exchange Commission (the “SEC”), re...

Have $500? 3 Absurdly Cheap Healthcare Stocks Long-Term Investors Should Consider Buying Right Now

Everyone loves a discount.

Other symbols: FLGTPFE

Healthcare Services (HCSG) Q2 Earnings and Revenues Lag Estimates

Healthcare Services (HCSG) delivered earnings and revenue surprises of -55.17% and -2.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Recap: Healthcare Services Group Q2 Earnings

Shares of Healthcare Services Group (NASDAQ:HCSG) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share fell 58.06% over the past year to $0.13, which missed the est...