The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Healthcare Services has an asset utilization ratio of 211.18 percent. This implies that the company is making $2.11 for each dollar of assets. An increasing asset utilization means that Healthcare Services Group is more efficient with each dollar of assets it utilizes for everyday operations.
About
99.0% of the company shares are owned by institutional investors. The book value of Healthcare Services was currently reported as 5.7. Healthcare Services has Price/Earnings To Growth (PEG) ratio of 2.32. The entity last dividend was issued on the 17th of November 2022. The firm had
3:2 split on the 15th of November 2010.
The successful prediction of Healthcare Services
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Healthcare Services Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Healthcare Services based on Healthcare Services hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Healthcare Services's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Healthcare Services's related companies.
Use Technical Analysis to project Healthcare expected Price
Healthcare Services technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Healthcare Services technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Healthcare Services trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Another Deeper Perspective
The company reported the previous year's revenue of 1.64
B. Net Income was 45.86
M with profit before overhead, payroll, taxes, and interest of 226.88
M.
Cost of Revenue Breakdown
Healthcare Services Cost of Revenue is increasing over the last several years with slightly volatile swings. Cost of Revenue is predicted to flatten to about 1.6
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Healthcare Services Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 1.63 Billion
| 2016 | 1.34 Billion |
| 2017 | 1.61 Billion |
| 2018 | 1.77 Billion |
| 2019 | 1.61 Billion |
| 2020 | 1.49 Billion |
| 2021 | 1.42 Billion |
| 2022 | 1.63 Billion |
| 2023 | 1.61 Billion |
Our Healthcare analysis implies possible reversion in March
Current Risk Adjusted Performance is up to -0.01. Price may drop again. Healthcare Services Group exhibits very low volatility with skewness of 1.15 and kurtosis of 4.03. However, we advise investors to further study Healthcare Services Group technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Healthcare Services' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Healthcare Services' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Takeaway on Healthcare Services Investment
When is the right time to buy or sell Healthcare Services Group? Buying stocks such as Healthcare Services isn't very hard. However, what challenging for most investors is doing it at the right time. Proper
market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
While some stockholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Healthcare Services.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile 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 Rifka Kats do not own shares of Healthcare Services Group. Please refer to our
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