At the time of writing, Healthcare Services Group, Inc [HCSG] stock is trading at $9.90, down -1.69%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HCSG shares have lost -1.79% over the last week, with a monthly amount drifted -7.39%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies upgraded its rating to Hold on March 24, 2023, and elevated its price target to $14. On February 17, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $17 on the stock. The Benchmark Company upgraded its rating to a Buy but stick to its price target of $18 on October 20, 2022. Jefferies downgraded its rating to a Underperform and reduced its price target to $13.50 on February 10, 2022. William Blair downgraded its rating to Mkt Perform for this stock on October 20, 2021.
For the past year, the stock price of Healthcare Services Group, Inc fluctuated between $9.70 and $12.99. Currently, Wall Street analysts expect the stock to reach $17.33 within the next 12 months. Healthcare Services Group, Inc [NASDAQ: HCSG] shares were valued at $9.90 at the most recent close of the market. An investor can expect a potential return of 75.05% based on the average HCSG price forecast.
Analyzing the HCSG fundamentals
According to Healthcare Services Group, Inc [NASDAQ:HCSG], the company’s sales were 1.72B for trailing twelve months, which represents an 3.30% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.63 points at the first support level, and at 9.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.18, and for the 2nd resistance point, it is at 10.46.
Ratios To Look Out For
It is important to note that Healthcare Services Group, Inc [NASDAQ:HCSG] has a current ratio of 2.89. Also, the Quick Ratio is 2.80, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 1.45 and price to earnings (TTM) ratio is 18.56.
Transactions by insiders
Recent insider trading involved Brophy Andrew M, SVP & Chief Accounting Officer, that happened on Feb 26 ’25 when 1744.0 shares were sold.
