Healthcare Services Group Stock Today

HCSG Stock  USD 10.18  0.18  1.80%   

Performance

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Odds Of Distress

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Healthcare Services is trading at 10.18 as of the 11th of October 2024. This is a 1.80 percent increase since the beginning of the trading day. The stock's lowest day price was 9.98. Healthcare Services has under 5 % chance of experiencing financial distress over the next 2 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 October 2022 and ending today, the 11th of October 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
26th of March 1990
Category
Healthcare
Classification
Industrials
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 73.38 M outstanding shares of which 2.64 M shares are currently shorted by private and institutional investors with about 6.81 trading days to cover. More on Healthcare Services Group

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Healthcare Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentTheodore CPA
Thematic IdeaHealthcare (View all Themes)
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Industrials, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Healthcare, Industrials, Commercial Services & Supplies, Medical Care Facilities, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0690.0478
Way Up
Slightly volatile
Asset Turnover1.772.081
Fairly Down
Slightly volatile
Gross Profit Margin0.170.1504
Moderately Up
Very volatile
Total Current Liabilities227.8 M216.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total136.1 M129.6 M
Sufficiently Up
Slightly volatile
Total Assets843.3 M803.2 M
Sufficiently Up
Slightly volatile
Total Current Assets600.3 M571.7 M
Sufficiently Up
Slightly volatile
Debt Levels
Healthcare Services can leverage 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.
Liquidity
Healthcare Services Group currently holds 43.63 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. Note, when we think about Healthcare Services' use of debt, we should always consider it together with its cash and equity.

Stock Based Compensation

8.54 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 33,400 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 733.83 M. Healthcare Services conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 73.38 M outstanding shares of which 2.64 M shares are currently shorted by private and institutional investors with about 6.81 trading days to cover. Healthcare Services Group currently holds about 113.38 M in cash with 43.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.53.
Check Healthcare Services Probability Of Bankruptcy
Ownership Allocation
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 is about to change at the company.
Check Healthcare Ownership Details

Healthcare Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-06-30
1.4 M
D. E. Shaw & Co Lp2024-06-30
1.4 M
Assenagon Asset Management Sa2024-06-30
1.3 M
Brandes Investment Partners & Co2024-06-30
1.3 M
Azarias Capital Management, L.p.2024-06-30
1.2 M
Goldman Sachs Group Inc2024-06-30
1.2 M
Nuveen Asset Management, Llc2024-06-30
1.2 M
Ameriprise Financial Inc2024-06-30
973.8 K
Boone Capital Management Llc2024-06-30
873 K
Blackrock Inc2024-06-30
12.8 M
Vanguard Group Inc2024-06-30
8.4 M
View Healthcare Services Diagnostics

Healthcare Services Historical Income Statement

At this time, Healthcare Services' Total Revenue is most likely to increase significantly in the upcoming years. The Healthcare Services' current Gross Profit is estimated to increase to about 264 M, while EBIT is projected to decrease to roughly 36.2 M. View More Fundamentals

Healthcare Stock Against Markets

Healthcare Services Corporate Management

Jason EsqChief VPProfile
CPA CPAExec OfficerProfile
Patrick EsqExecutive OfficerProfile
Jason BundickChief Compliance Officer, General Counsel, SecretaryProfile
Andrew BrophyController VPProfile
Matthew MBAChief OfficerProfile
When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
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 closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Commercial Services & Supplies space 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
0.322
Earnings Share
0.43
Revenue Per Share
22.773
Quarterly Revenue Growth
0.018
Return On Assets
0.0309
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.