Healthcare Services Group, Inc. (HCSG)

NASDAQ: HCSG · IEX Real-Time Price · USD
12.02
-0.08 (-0.66%)
Mar 18, 2024, 4:00 PM EDT - Market closed
-0.66%
Market Cap 890.36M
Revenue (ttm) 1.67B
Net Income (ttm) 38.39M
Shares Out 73.58M
EPS (ttm) 0.52
PE Ratio 23.12
Forward PE 14.99
Dividend n/a
Ex-Dividend Date n/a
Volume 347,523
Open 12.04
Previous Close 12.10
Day's Range 11.97 - 12.12
52-Week Range 8.75 - 15.97
Beta 0.49
Analysts Buy
Price Target 14.83 (+23.38%)
Earnings Date Apr 24, 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, HCSG'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 6 analysts, the average rating for HCSG stock is "Buy." The 12-month stock price forecast is $14.83, which is an increase of 23.38% from the latest price.

Price Target
$14.83
(23.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 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
3 months ago - Invezz

Healthcare Services Group, Inc. Reports Q2 2023 Results

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

8 months ago - Business Wire

Healthcare Services Group, Inc. Reports Q1 2023 Results

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

11 months 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

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

Healthcare Services Group, Inc. Reports Q3 2022 Results

BENSALEM, Pa.

1 year ago - Business Wire

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...

1 year 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

1 year ago - Business Wire

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, Inc. Reports Q4 2021 Results

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

2 years ago - Business Wire

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 ...

2 years ago - Benzinga

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 mi...

2 years ago - Business Wire

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 inflat...

2 years ago - Reuters

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”), ...

2 years ago - Business Wire

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 e...

2 years ago - Benzinga

Healthcare Services Group, Inc. Reports Q2 2021 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended June 30, 2021 revenue of $398.2 million, net income of $9.6 million, o...

2 years ago - Business Wire

Healthcare Services Group: Q1 Earnings Insights

Shares of Healthcare Services Group (NASDAQ:HCSG) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share rose 22.22% year over year to $0.33, which beat the estimat...

3 years ago - Benzinga

Healthcare Services Group, Inc. Reports Q1 2021 Results

BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended March 31, 2021 revenue of $407.8 million and net income of $24.7 milli...

3 years ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Healthcare Services Group, Inc. - HCSG

NEW YORK, March 24, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Healthcare Services Group, Inc. ("HCSG" or the "Company") (NASDAQ: HCSG).   Such investors are ...

3 years ago - PRNewsWire

RRC & HCSG INVESTOR ALERT – Securities Class Action Investigations On Behalf Of Investors Of Healthcare Services Group, Inc. & Range Resources Corporation – RRC & HCSG Investors Who Have Suffered Losses Greater Than $250,000 Encouraged To Contact Kehoe La

PHILADELPHIA, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Kehoe Law Firm, P.C. is investigating potential securities class action claims on behalf of investors of Healthcare Services Group, Inc. (“Healthcare Se...

Other symbols: RRC
3 years ago - GlobeNewsWire

Healthcare Services Group: Q4 Earnings Insights

Shares of Healthcare Services Group (NASDAQ:HCSG) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share increased 48.00% over the past year to $0.37, which beat th...

3 years ago - Benzinga

Healthcare Services Group, Inc. Reports Q4 2020 Results

BENSALEM, PA--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended December 31, 2020 revenue of $423.2 million, net income of $27.7 millio...

3 years ago - Business Wire

Tom Gayner's Top 5 Trades of the 4th Quarter

Guru establishes 2 new positions, but major trades were in existing holdings

Other symbols: ALLIACIFFMHKROLSEIC
3 years ago - GuruFocus