The Healthcare Services Group Inc (HCSG) share price is expected to increase by 10.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered HCSG. Price targets range from $12 at the low end to $17 at the high end. The current analyst consensus for HCSG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assignedHCSG 2 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Healthcare Services Group Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HCSG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HCSG.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Wittmann Baird | Neutral | $12 | Maintains | Oct 24, 2024 |
Bill Sutherland Benchmark | Buy | $17 | Reiterates | Oct 24, 2024 |
Sean Dodge RBC Capital | Outperform | $14 | Maintains | Jul 25, 2024 |
Andrew Wittmann Baird | Neutral | $14 | Maintains | Jul 25, 2024 |
Bill Sutherland Benchmark | Buy | $17 | Reiterates | Jul 25, 2024 |
Andrew Wittmann Baird | Neutral | $13 | Maintains | Feb 15, 2024 |
Sean Dodge RBC Capital | Outperform | $15 | Maintains | Feb 15, 2024 |
Bill Sutherland Benchmark | Buy | $17 | Maintains | Feb 15, 2024 |
A.J. Rice UBS | Neutral | $13 | Maintains | Feb 15, 2024 |
Bill Sutherland Benchmark | Buy | $16 | Reiterates | Dec 22, 2023 |
A.J. Rice UBS | Neutral | $11 | Initiates | Nov 30, 2023 |
Sean Dodge RBC Capital | Outperform | $14 | Maintains | Oct 26, 2023 |
Bill Sutherland Benchmark | Buy | $16 | Maintains | Oct 26, 2023 |
Bill Sutherland Benchmark | Buy | $18 | Reiterates | Aug 31, 2023 |
Sean Dodge RBC Capital | Outperform | $16 | Reiterates | Aug 1, 2023 |
Sean Dodge RBC Capital | Outperform | $16 | Maintains | Jul 27, 2023 |
Jonathan Yong Credit Suisse | Neutral | $17 | Maintains | Apr 28, 2023 |
Sean Dodge RBC Capital | Outperform | $17 | Reiterates | Apr 27, 2023 |
Brian Tanquilut Jefferies | Hold | $14 | Upgrade | Mar 24, 2023 |
Bill Sutherland Benchmark | Buy | $18 | Reiterates | Feb 21, 2023 |
When did it IPO
1990
Staff Count
33,400
Country
United States
Sector/Industry
Healthcare/Medical Care Facilities
CEO
Mr. Theodore Wahl CPA
Market Cap
$910.3M
In 2023, HCSG generated $1.67B in revenue, which was a decrease of -1.11% from the previous year. This can be seen as a signal that HCSG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Healthcare Services Group, Inc. (NASDAQ:HCSG) will hold its Q3 2024 earnings conference call on October 23, 2024, at 8:30 AM ET with key executives and analysts participating.
Why It Matters - Upcoming earnings call for Healthcare Services Group may reveal financial performance, strategic insights, and guidance, impacting stock valuation and investor sentiment.
Summary - Healthcare Services (HCSG) reported quarterly earnings of $0.19 per share, surpassing the Zacks Consensus Estimate of $0.16 and exceeding last year's $0.17 per share.
Why It Matters - HCSG's earnings beat estimates and show year-over-year growth, indicating strong performance and potential for future profitability, which may boost investor confidence.
Summary - Healthcare Services Group, Inc. (NASDAQ:HCSG) will hold its Q2 2024 earnings conference call on July 24, 2024, at 8:30 AM ET, featuring key executives and analysts.
Why It Matters - Earnings calls provide insights into a company's performance and future prospects, influencing stock valuations and investment decisions based on financial health and strategic direction.
Summary - Healthcare Services (HCSG) reported Q3 earnings of $0.20 per share, exceeding estimates of $0.19 and up from $0.12 per share year-over-year.
Why It Matters - HCSG's earnings beat estimates and show year-over-year growth, indicating strong performance and potential for increased investor confidence and stock value.
Summary - Despite a strong market rally, investors should identify stocks to sell as some businesses are still underperforming.
Why It Matters - The contrasting market rally signals potential overvaluation in some stocks, indicating that selective selling could mitigate losses from underperforming businesses.
Summary - HCSG announced an update on client restructuring and reaffirmed its cash flow forecast for 2024, along with its outlook for the ROY.
Why It Matters - HCSG's restructuring update and reaffirmed cash flow forecast signal stability and potential growth, influencing investor confidence and stock performance.