4 days Ago By Defense World Staff
Healthcare Services Group (NASDAQ:HCSG – Free Report) had its price target hoisted by Macquarie from $13.00 to $15.00 in a research report released on Monday,Benzinga reports.
Macquarie currently has a neutral rating on the business services provider’s stock.Several other equities analysts also recently issued reports on the stock. UBS Group raised shares of Healthcare Services Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $12.
00 to $15.00 in a report on Thursday, April 24th. Robert W.
Baird lifted their price target on shares of Healthcare Services Group from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, April 24th.
Finally, StockNews.com raised shares of Healthcare Services Group from a “hold” rating to a “buy” rating in a report on Friday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock.
Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.80.Get Our Latest Stock Analysis on Healthcare Services GroupHealthcare Services Group Stock PerformanceNASDAQ:HCSG opened at $13.
79 on Monday. The company has a 50-day moving average of $10.52 and a 200-day moving average of $11.
16. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 25.
54 and a beta of 0.62. Healthcare Services Group has a 52 week low of $9.
13 and a 52 week high of $13.90. Healthcare Services Group (NASDAQ:HCSG – Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd.
The business services provider reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.
05. Healthcare Services Group had a net margin of 2.30% and a return on equity of 11.
76%. The company had revenue of $447.66 million during the quarter, compared to the consensus estimate of $443.
82 million. During the same period last year, the firm earned $0.22 EPS.
The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Sell-side analysts forecast that Healthcare Services Group will post 0.
74 EPS for the current year. Institutional Inflows and OutflowsA number of hedge funds have recently bought and sold shares of HCSG. GAMMA Investing LLC boosted its position in shares of Healthcare Services Group by 100.
8% in the 4th quarter. GAMMA Investing LLC now owns 2,137 shares of the business services provider’s stock worth $25,000 after purchasing an additional 1,073 shares during the last quarter. SBI Securities Co.
Ltd. bought a new position in shares of Healthcare Services Group in the 4th quarter worth $25,000. Sterling Capital Management LLC boosted its position in shares of Healthcare Services Group by 803.
4% in the 4th quarter. Sterling Capital Management LLC now owns 2,358 shares of the business services provider’s stock worth $27,000 after purchasing an additional 2,097 shares during the last quarter. Ieq Capital LLC bought a new position in shares of Healthcare Services Group in the 4th quarter worth $118,000.
Finally, Bank of Montreal Can bought a new position in shares of Healthcare Services Group in the 4th quarter worth $118,000. 97.97% of the stock is currently owned by institutional investors.
Healthcare Services Group Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than Healthcare Services GroupConsumer Discretionary Stocks ExplainedBest Defense Stocks in 2025.
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