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Healthcare Services Group, Inc. (NASDAQ: HCSG) closed the day trading at $11.22 down -6.11% from the previous closing price of $11.95. In other words, the price has decreased by -$6.11 from its previous closing price. On the day, 0.97 million shares were traded. HCSG stock price reached its highest trading level at $12.52 during the session, while it also had its lowest trading level at $10.87.
Ratios:
For a better understanding of HCSG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.67. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 24, 2023, Upgraded its rating to Hold and sets its target price to $14 from $8.50 previously.
On February 17, 2023, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $14 to $17.
The Benchmark Company Upgraded its Hold to Buy on October 20, 2022, while the target price for the stock was maintained at $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 28 ’24 when Brophy Andrew M sold 1,125 shares for $12.58 per share. The transaction valued at 14,152 led to the insider holds 7,741 shares of the business.
Simmons Kurt JR bought 1,005 shares of HCSG for $15,005 on Jun 30 ’23. The Director now owns 8,542 shares after completing the transaction at $14.93 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HCSG now has a Market Capitalization of 825602432 and an Enterprise Value of 775456512. As of this moment, Healthcare’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.68, and their Forward P/E ratio for the next fiscal year is 12.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 0.464 whereas that against EBITDA is 13.868.
Stock Price History:
Over the past 52 weeks, HCSG has reached a high of $15.97, while it has fallen to a 52-week low of $8.75. The 50-Day Moving Average of the stock is -7.54%, while the 200-Day Moving Average is calculated to be 0.46%.
Shares Statistics:
Over the past 3-months, HCSG traded about 512.48K shares per day on average, while over the past 10 days, HCSG traded about 424200 shares per day. A total of 73.34M shares are outstanding, with a floating share count of 73.02M. Insiders hold about 0.77% of the company’s shares, while institutions hold 100.86% stake in the company. Shares short for HCSG as of 1711584000 were 2948244 with a Short Ratio of 5.75, compared to 1709164800 on 2982096. Therefore, it implies a Short% of Shares Outstanding of 2948244 and a Short% of Float of 5.6199998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.83.
