Healthcare Story

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HCSG -- USA Stock  

USD 24.21  0.41  1.72%

While some millenniums are indifferent towards healthcare space, it makes sense to digest Healthcare Services Group in terms of its current potentials. As expected, Healthcare Services is starting to reaffirm its true potential as shareholders are becoming more and more confident in the future outlook. The returns on investing in Healthcare Services and the market returns of the last few months appear uncorrelated. The appearance of sound basic indicators of the firm indicates a shorter-term price swing for shareholders of Healthcare. Healthcare Services is scheduled to announce its earnings today. The upcoming quarterly report is expected on the 27th of October 2020. The stock experiences an active upward rally.
Published over a month ago
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Is Healthcare Services (NASDAQ:HCSG) about to rebound?
The company's average rating is Hold from 6 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Healthcare Services market sentiment investors' perception of the future value of Healthcare. Let us look at a few aspects of Healthcare technical analysis. The company has Profit Margin (PM) of 4.47 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is normal as compared to the sector avarege. Similarly, it shows Operating Margin (OM) of 6.42 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.06.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Healthcare Services Group. In general, we focus on analyzing Healthcare Services stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Healthcare Services's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Healthcare Services's intrinsic value. In addition to deriving basic predictive indicators for Healthcare Services, we also check how macroeconomic factors affect Healthcare Services price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Healthcare Stands against Peers?

Analyzing Healthcare Services competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Healthcare Services across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Healthcare Services Competition Details

How Healthcare utilizes its cash?

To perform a cash flow analysis of Healthcare Services, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Healthcare Services is receiving and how much cash it distributes out in a given period. The Healthcare Services cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Healthcare Services Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 93.58 Million

Detailed Perspective On Healthcare Services

Healthcare Services has a beta of 0.0179. Let's try to break down what Healthcare's beta means in this case. As returns on the market increase, Healthcare Services returns are expected to increase less than the market. However, during the bear market, the loss on holding Healthcare Services will be expected to be smaller as well. The beta indicator helps investors understand whether Healthcare Services moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Healthcare deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity reported the previous year's revenue of 1.8 B. Net Income was 80.53 M with profit before overhead, payroll, taxes, and interest of 227.9 M.

Our perspective of the latest Healthcare Services surge

The maximum drawdown is down to 19.96 as of today. As of the 21st of October, Healthcare Services retains the risk adjusted performance of (0.042444), and Market Risk Adjusted Performance of (8.06). Healthcare Services technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Healthcare Services, which can be compared to its competitors. Please check out Healthcare Services information ratio, and the relationship between the downside deviation and value at risk to decide if Healthcare Services is priced fairly, providing market reflects its last-minute price of 24.71 per share. Given that Healthcare Services Group has jensen alpha of (0.15), we strongly advise you to confirm Healthcare Services's regular market performance to make sure the company can sustain itself at a future point.

Our Final Takeaway

Although few other entities in the medical care facilities industry are either recovering or due for a correction, Healthcare Services may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 21st of October 2020, we believe Healthcare Services is currently fairly valued. It barely shadows the market and projects very low chance of distress in the next two years. Our present 30 days 'Buy-vs-Sell' recommendation on the firm is Cautious Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Healthcare Services Group. Please refer to our Terms of Use for any information regarding our disclosure principles.

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