Healthcare Stock Today

HCSG Stock  USD 10.77  0.07  0.65%   

Market Performance

0 of 100


Odds Of Distress

Less than 1

Healthcare Services is trading at 10.77 as of the 21st of September 2023. This is a -0.65 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.72. Healthcare Services has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Healthcare Services Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of August 2023 and ending today, the 21st of September 2023. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
26th of March 1990
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. The company has 74.19 M outstanding shares of which 2.21 M shares are currently shorted by private and institutional investors with about 4.76 trading days to cover. More on Healthcare Services Group

Moving together with Healthcare Stock

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+0.76NLNL Industries Fiscal Quarter End 30th of September 2023 PairCorr

Moving against Healthcare Stock

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-0.63WLDNWilldan Group Fiscal Quarter End 30th of September 2023 PairCorr

Healthcare Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Healthcare Services' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Healthcare Services or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman and CEODaniel McCartney
Thematic IdeaHealthcare (view all)
Average Analyst Recommendation
Analysts covering Healthcare Services report their recommendations after researching Healthcare Services' financial statements, talking to executives and customers, or listening in on Healthcare Services' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Healthcare Services. The Healthcare consensus assessment is calculated by taking the average forecast from all of the analysts covering Healthcare Services.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Healthcare Services based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Healthcare Services financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted81.4 M74.4 M
Significantly Up
Slightly volatile
Weighted Average Shares81.1 M74.3 M
Significantly Up
Slightly volatile
Return on Average Assets0.07110.047
Way Up
Slightly volatile
Net Cash Flow from Operations(8.4 M)(8.2 M)
Fairly Down
Very volatile
Current Liabilities173.5 M178.6 M
Fairly Down
Slightly volatile
Total Liabilities286.5 M292.2 M
Fairly Down
Slightly volatile
Gross Margin0.110.115
Sufficiently Down
Pretty Stable
Total Debt27.4 M33.1 M
Significantly Down
Slightly volatile
Asset Turnover2.382.31
Fairly Up
Slightly volatile
Current Assets524 M508.6 M
Fairly Up
Slightly volatile
Total Assets725.8 M718.3 M
Fairly Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Healthcare Services' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Healthcare Services' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Healthcare Services' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Healthcare Services' financial leverage. It provides some insight into what part of Healthcare Services' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Healthcare Services' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Healthcare Services deploys its capital and how much of that capital is borrowed.
Healthcare Services cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 33.1 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Healthcare Services has a current ratio of 2.76, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Healthcare Services until it has trouble settling it off, either with new capital or with free cash flow. So, Healthcare Services' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Healthcare Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Healthcare to invest in growth at high rates of return. When we think about Healthcare Services' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(8.38 Million)
Healthcare Services Group (HCSG) is traded on NASDAQ Exchange in USA. It is located in 3220 Tillman Drive, Bensalem, PA, United States, 19020 and employs 35,700 people. Healthcare Services is listed under Commercial Services & Supplies category by Fama And French industry classification. 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. Healthcare Services conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 74.19 M outstanding shares of which 2.21 M shares are currently shorted by private and institutional investors with about 4.76 trading days to cover. 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.
Check Healthcare Services Probability Of Bankruptcy
Healthcare Services secures a total of 74.19 Million outstanding shares. The majority of Healthcare Services outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Healthcare Services to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Healthcare Services Group. Please pay attention to any change in the institutional holdings of Healthcare Services as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Healthcare Ownership Details

Healthcare Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Healthcare Services jumping above the current price in 90 days from now is more than 93.0%. The Healthcare Services Group probability density function shows the probability of Healthcare Services stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1037. This usually indicates Healthcare Services Group market returns are reactive to returns on the market. As the market goes up or down, Healthcare Services is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Healthcare Services is significantly underperforming NYSE Composite.
  Odds Below 10.77HorizonTargetOdds Above 10.77
6.64%90 days
Based on a normal probability distribution, the odds of Healthcare Services to move above the current price in 90 days from now is more than 93.0 (This Healthcare Services Group probability density function shows the probability of Healthcare Stock to fall within a particular range of prices over 90 days) .

Healthcare Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Healthcare Services that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Healthcare Services' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Healthcare Services' value.
InstituionLast TransactionTypeSharesValue
Blackrock Inc2023-06-30Common Shares13 M193.6 M
Vanguard Group Inc2023-06-30Common Shares8.8 M131.7 M
Mackenzie Financial Corp2023-06-30Common Shares4.1 M61.3 M
American Century Companies Inc2023-06-30Common Shares2.9 M43.2 M
State Street Corp2023-06-30Common Shares2.8 M41.4 M
Royce Associates Lp2023-06-30Common Shares2.3 M34.3 M
Deprince Race Zollo Inc2023-06-30Common Shares2.1 M30.6 M
Riverbridge Partners Llc2023-06-30Common Shares1.9 M28.3 M
Marathon Asset Management Ltd2023-06-30Common Shares1.8 M26.2 M
Geode Capital Management Llc2023-06-30Common Shares1.5 M22.2 M
Manufacturers Life Insurance Company The2023-06-30Common Shares1.5 M22.2 M
View Healthcare Services Diagnostics

Healthcare Services Historical Income Statement

Healthcare Services Group Income Statement is one of the three primary financial statements used for reporting Healthcare's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Healthcare Services revenue and expense. Healthcare Services Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Healthcare Services Earning Before Interest and Taxes EBIT is most likely to increase significantly in the upcoming years. The last year's value of Earning Before Interest and Taxes EBIT was reported at 48.07 Million. The current Gross Profit is estimated to increase to about 221.2 M, while Direct Expenses is projected to decrease to roughly 1.3 B. View More Fundamentals

Healthcare Stock Against Markets

Picking the right benchmark for Healthcare Services stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Healthcare Services stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Healthcare Services is critical whether you are bullish or bearish towards Healthcare Services Group at a given time. Please also check how Healthcare Services' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Healthcare Services without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Healthcare Services Corporate Directors

Healthcare Services corporate directors refer to members of a Healthcare Services board of directors. The board of directors generally takes responsibility for the Healthcare Services' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Healthcare Services' board members must vote for the resolution. The Healthcare Services board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dino OttavianoIndependent DirectorProfile
Diane CaseyIndependent DirectorProfile
Robert MossIndependent DirectorProfile
Daniela CastagninoIndependent DirectorProfile

How to buy Healthcare Stock?

Before investing in Healthcare Services, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Healthcare Services. To buy Healthcare Services stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Healthcare Services. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Healthcare Services stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Healthcare Services Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Healthcare Services Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Healthcare Services Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Healthcare Stock please use our How to Invest in Healthcare Services guide.

Already Invested in Healthcare Services Group?

The danger of trading Healthcare Services Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Healthcare Services is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Healthcare Services. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Healthcare Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
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.
Please note, there is a significant difference between Healthcare Services' value and its price as these two are different measures arrived at by different 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.