Is Healthcare Services Stock a Good Investment?
Healthcare Services Investment Advice | HCSG |
- Examine Healthcare Services' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Healthcare Services' leadership team and their track record. Good management can help Healthcare Services navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Commercial Services & Supplies space and any emerging trends that could impact Healthcare Services' business and its evolving consumer preferences.
- Compare Healthcare Services' performance and market position to its competitors. Analyze how Healthcare Services is positioned in terms of product offerings, innovation, and market share.
- Check if Healthcare Services pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Healthcare Services' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Healthcare Services Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Healthcare Services Group is a good investment.
Sell | Buy |
Examine Healthcare Services Stock
Researching Healthcare Services' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The book value of Healthcare Services was currently reported as 6.07. The company has Price/Earnings To Growth (PEG) ratio of 2.32. Healthcare Services last dividend was issued on the 17th of November 2022. The entity had 3:2 split on the 15th of November 2010.
To determine if Healthcare Services is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Healthcare Services' research are outlined below:
| Healthcare Services generated a negative expected return over the last 90 days | |
| Healthcare Services is unlikely to experience financial distress in the next 2 years | |
| Healthcare Services Group currently holds about 113.38 M in cash with (8.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.53. | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Why Bausch Health Stock Is Jumping Today - The Motley Fool |
Healthcare Services Quarterly Gross Profit |
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Healthcare Services uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Healthcare Services Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Healthcare Services' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of October 2023 Upcoming Quarterly Report | View | |
| 21st of February 2024 Next Financial Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Healthcare Services' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Healthcare Services' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2007-02-13 | 2006-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2006-07-18 | 2006-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2006-04-18 | 2006-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2005-10-18 | 2005-09-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2005-02-15 | 2004-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2004-07-20 | 2004-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2003-07-22 | 2003-06-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2002-04-22 | 2002-03-31 | 0.03 | 0.04 | 0.01 | 33 |
Healthcare Services' SEC filings
Before you invest in Healthcare Services, make sure you check Healthcare Services'recent SEC filings. These artifacts are important regulatory documents required of all public companies to provide to potential investors. Healthcare Services prospectus issued under the guidelines of the SEC is a legal declaration of facts and statements to ensure that Healthcare Services investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Healthcare Services' specific information freely available to individual and institutional investors to make a timely investment decision.
| 26th of July 2023 Financial Statements and Exhibits. Results of Operations and Financial Condition | View | |
| 16th of February 2023 Other Events | View | |
| 9th of February 2023 Unclassified Corporate Event | View |
Healthcare Services Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Healthcare target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Healthcare Services' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| Hold |
Most Healthcare analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Healthcare stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Healthcare Services, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHealthcare Services Target Price Projection
Healthcare Services' current and average target prices are 10.77 and 16.00, respectively. The current price of Healthcare Services is the price at which Healthcare Services Group is currently trading. On the other hand, Healthcare Services' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Healthcare Services Market Quote on 21st of September 2023
Target Price
Analyst Consensus On Healthcare Services Target Price
Healthcare Services Analyst Ratings
Healthcare Services' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Healthcare Services stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Healthcare Services' financials, market performance, and future outlook by experienced professionals. Healthcare Services' historical ratings below, therefore, can serve as a valuable tool for investors.Know Healthcare Services' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Healthcare Services is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Healthcare Services Group backward and forwards among themselves. Healthcare Services' institutional investor refers to the entity that pools money to purchase Healthcare Services' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Last Transaction | Type | Shares | Value | Blackrock Inc | 2023-06-30 | Common Shares | 13 M | 193.6 M | Vanguard Group Inc | 2023-06-30 | Common Shares | 8.8 M | 131.7 M | Mackenzie Financial Corp | 2023-06-30 | Common Shares | 4.1 M | 61.3 M | American Century Companies Inc | 2023-06-30 | Common Shares | 2.9 M | 43.2 M | State Street Corp | 2023-06-30 | Common Shares | 2.8 M | 41.4 M | Royce Associates Lp | 2023-06-30 | Common Shares | 2.3 M | 34.3 M | Deprince Race Zollo Inc | 2023-06-30 | Common Shares | 2.1 M | 30.6 M | Riverbridge Partners Llc | 2023-06-30 | Common Shares | 1.9 M | 28.3 M | Marathon Asset Management Ltd | 2023-06-30 | Common Shares | 1.8 M | 26.2 M | Geode Capital Management Llc | 2023-06-30 | Common Shares | 1.5 M | 22.2 M | Manufacturers Life Insurance Company The | 2023-06-30 | Common Shares | 1.5 M | 22.2 M |
Healthcare Services' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 799.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Healthcare Services's market, we take the total number of its shares issued and multiply it by Healthcare Services's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Healthcare Services' profitablity analysis
Healthcare Services' profitability indicators refer to fundamental financial ratios that showcase Healthcare Services' ability to generate income relative to its revenue or operating costs. If, let's say, Healthcare Services is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Healthcare Services' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Healthcare Services' profitability requires more research than a typical breakdown of Healthcare Services' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for 2023 | ||
| Return on Investment | 11.84 | 12.15 | |
| Return on Average Assets | 0.047 | 0.07 | |
| Return on Average Equity | 0.08 | 0.12 | |
| Return on Invested Capital | 0.10 | 0.17 | |
| Return on Sales | 0.028 | 0.0376 |
Determining Healthcare Services' profitability involves analyzing its financial statements and using various financial metrics to determine if Healthcare Services is a good buy. For example, gross profit margin measures Healthcare Services' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Healthcare Services' profitability and make more informed investment decisions.
The data published in Healthcare Services' official financial statements usually reflect Healthcare Services' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Healthcare Services. For example, before you start analyzing numbers published by Healthcare accountants, it's critical to develop an understanding of what Healthcare Services' liquidity, profitability, and earnings quality are in the context of the Commercial Services & Supplies space in which it operates.
Please note, the presentation of Healthcare Services' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Healthcare Services' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Healthcare Services' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Healthcare Services Group. Please utilize our Beneish M Score to check the likelihood of Healthcare Services' management manipulating its earnings.
Evaluate Healthcare Services' management efficiency
Healthcare Services has return on total asset (ROA) of 0.0378 % which means that it generated a profit of $0.0378 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.085 %, meaning that it created $0.085 on every $100 dollars invested by stockholders. Healthcare Services' management efficiency ratios could be used to measure how well Healthcare Services manages its routine affairs as well as how well it operates its assets and liabilities. The current Return on Investment is estimated to increase to 12.15. The current Return on Average Assets is estimated to increase to 0.07. Healthcare Services Revenue to Assets are most likely to slightly decrease in the upcoming years. The last year's value of Revenue to Assets was reported at 2.35. The current Net Current Assets as percentage of Total Assets is estimated to increase to 55.20, while Goodwill and Intangible Assets are projected to decrease to roughly 88.2 M.| Last Reported | Projected for 2023 | ||
| Book Value per Share | 5.73 | 5.96 | |
| Enterprise Value over EBIT | 19.00 | 21.48 | |
| Enterprise Value over EBITDA | 14.25 | 17.59 | |
| Price to Book Value | 2.09 | 2.14 | |
| Tangible Assets Book Value per Share | 8.43 | 8.65 | |
| Enterprise Value | 903.2 M | 1.4 B | |
| Tangible Asset Value | 626.9 M | 637.7 M |
The analysis of Healthcare Services' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Healthcare Services' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Healthcare Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Short Long Term Debt Total 33.1 M | Forward Dividend Rate 0.86 | Interest Expense 3 M | Total Operating Expenses 140.3 M | Beta 0.4118 |
Basic technical analysis of Healthcare Stock
As of the 21st of September, Healthcare Services retains the market risk adjusted performance of (0.38), and Risk Adjusted Performance of (0.1). 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 are able to interpolate and collect thirteen technical drivers for Healthcare Services, which can be compared to its competitors. Please check out Healthcare Services standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Healthcare Services is priced fairly, providing market reflects its last-minute price of 10.77 per share. Given that Healthcare Services Group has information ratio of (0.19), we strongly advise you to confirm Healthcare Services's regular market performance to make sure the company can sustain itself at a future point.Understand Healthcare Services' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Healthcare Services' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 1.36 | |||
| Coefficient Of Variation | (548.84) | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.42 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 17.81 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 2.29 | |||
| Skewness | (3.41) | |||
| Kurtosis | 20.03 |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 1.36 | |||
| Coefficient Of Variation | (548.84) | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.42 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 17.81 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 2.29 | |||
| Skewness | (3.41) | |||
| Kurtosis | 20.03 |
Healthcare Stock media impact
Far too much social signal, news, headlines, and media speculation about Healthcare Services that are available to investors today. That information is available publicly through Healthcare media outlets and privately through word of mouth or via Healthcare internal channels. However, regardless of the origin, that massive amount of Healthcare data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Healthcare Services news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Healthcare Services relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Healthcare Services' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Healthcare Services alpha.
Healthcare Services Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Healthcare Services can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Healthcare Services Historical Investor Sentiment
Investor biases related to Healthcare Services' public news can be used to forecast risks associated with an investment in Healthcare. The trend in average sentiment can be used to explain how an investor holding Healthcare can time the market purely based on public headlines and social activities around Healthcare Services Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Healthcare Services' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Healthcare Services and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Healthcare Services news discussions. The higher the estimate score, the more favorable the investor's outlook on Healthcare Services.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Services Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Healthcare Stock analysis
When running Healthcare Services' price analysis, check to measure Healthcare Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Healthcare Services is operating at the current time. Most of Healthcare Services' value examination focuses on studying past and present price action to predict the probability of Healthcare Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Services' price. Additionally, you may evaluate how the addition of Healthcare Services to your portfolios can decrease your overall portfolio volatility.
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Is Healthcare Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Services. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.283 | Dividend Share 0.215 | Earnings Share 0.52 | Revenue Per Share 22.505 | Quarterly Revenue Growth (0.014) |
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Healthcare Services' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.