HCSG icon

Healthcare Services Group

11.30 USD
-0.14
1.22%
At close Dec 20, 4:00 PM EST
After hours
11.30
+0.00
0.00%
1 day
-1.22%
5 days
-8.72%
1 month
-0.79%
3 months
-0.44%
6 months
12.10%
Year to date
6.20%
1 year
12.66%
5 years
-53.82%
10 years
-63.92%
 

About: Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.

Employees: 33,400

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

5% more capital invested

Capital invested by funds: $783M [Q2] → $820M (+$36.5M) [Q3]

4% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 27

0% more funds holding

Funds holding: 201 [Q2] → 202 (+1) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.82% less ownership

Funds ownership: 100.54% [Q2] → 99.72% (-0.82%) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 82

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$12
6%
upside
Avg. target
$14
24%
upside
High target
$17
50%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Benchmark
Bill Sutherland
69% 1-year accuracy
33 / 48 met price target
50%upside
$17
Buy
Reiterated
19 Dec 2024
Macquarie
Tao Qiu
33% 1-year accuracy
5 / 15 met price target
15%upside
$13
Neutral
Initiated
16 Dec 2024
Baird
Andrew Wittmann
81% 1-year accuracy
26 / 32 met price target
6%upside
$12
Neutral
Maintained
24 Oct 2024

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
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 Communication Officer Conference Call Participants Sean Dodge - RBC Capital Markets Andy Wittmann - Baird Bill Sutherland - Benchmark Jack Senft - William Blair A.J. Rice - UBS Operator Thank you, for standing by.
Healthcare Services Group, Inc. (HCSG) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Healthcare Services (HCSG) Beats Q3 Earnings Estimates
Healthcare Services (HCSG) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.17 per share a year ago.
Healthcare Services (HCSG) Beats Q3 Earnings Estimates
Neutral
Seeking Alpha
4 months ago
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 Communication Officer Conference Call Participants Sean Dodge – RBC Bill Sutherland – Benchmark Andrew Wittmann – Baird A.J. Rice – UBS Jack Senft – William Blair Operator Good morning and welcome to HCSG Inc's Second Quarter 2024 Earnings Call.
Healthcare Services Group, Inc. (HCSG) Q2 2024 Earnings Call Transcript
Positive
Zacks Investment Research
4 months ago
Healthcare Services (HCSG) Surpasses Q2 Earnings and Revenue Estimates
Healthcare Services (HCSG) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.12 per share a year ago.
Healthcare Services (HCSG) Surpasses Q2 Earnings and Revenue Estimates
Neutral
InvestorPlace
6 months ago
Money Pit Warning: 7 Stocks to Sell ASAP Before They Die
Despite the market currently undergoing one of the strongest rallies this year, you should still look out for stocks to sell. The market might be cooperating right now, but that's not helping certain businesses.
Money Pit Warning: 7 Stocks to Sell ASAP Before They Die
Neutral
Business Wire
6 months ago
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.
HCSG Provides Update On Client Restructuring; Reiterates 2024 Cash Flow Forecast & ROY Outlook
Positive
Zacks Investment Research
7 months ago
Healthcare Services (HCSG) Q1 Earnings Beat Estimates
Healthcare Services (HCSG) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.17 per share a year ago.
Healthcare Services (HCSG) Q1 Earnings Beat Estimates
Neutral
Business Wire
7 months ago
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.
HCSG Reports Q1 2024 Results
Positive
Zacks Investment Research
8 months ago
Should Value Investors Buy Healthcare Services Group (HCSG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
9 months ago
Should Value Investors Buy Healthcare Services Group (HCSG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Healthcare Services Group (HCSG) Stock?
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