In the latest session, Healthcare Services Group, Inc. (NASDAQ: HCSG) closed at $12.84 up 0.63% from its previous closing price of $12.76. In other words, the price has increased by $+0.08 from its previous closing price. On the day, 637245 shares were traded. HCSG stock price reached its highest trading level at $12.87 during the session, while it also had its lowest trading level at $12.54.
Ratios:
For a deeper understanding of Healthcare Services Group, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.80. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 28 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. 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 944.81M and an Enterprise Value of 833.58M. As of this moment, Healthcare’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.81, and their Forward P/E ratio for the next fiscal year is 14.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 0.50 whereas that against EBITDA is 11.08.
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 10.46, while the 200-Day Moving Average is calculated to be 11.56.
Shares Statistics:
For the past three months, HCSG has traded an average of 652.65K shares per day and 693.49k over the past ten days. A total of 73.34M shares are outstanding, with a floating share count of 73.02M. Insiders hold about 0.76% of the company’s shares, while institutions hold 101.32% stake in the company. Shares short for HCSG as of Feb 15, 2024 were 2.86M with a Short Ratio of 4.39, compared to 2.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.89% and a Short% of Float of 5.47%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.83. The current Payout Ratio is 0.00% for HCSG, which recently paid a dividend on Dec 22, 2022 with an ex-dividend date of Nov 17, 2022. Stock splits for the company last occurred on Nov 15, 2010 when the company split stock in a 3:2 ratio.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.21 and a low estimate of $0.17, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.2, with high estimates of $0.21 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.87 and $0.75 for the fiscal current year, implying an average EPS of $0.8. EPS for the following year is $0.86, with 5 analysts recommending between $0.93 and $0.8.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $426.23M this quarter.It ranges from a high estimate of $429.97M to a low estimate of $424.27M. As of the current estimate, Healthcare Services Group, Inc.’s year-ago sales were $417.23M, an estimated increase of 2.20% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $430.49M, an increase of 2.80% over than the figure of $2.20% in the same quarter last year. There is a high estimate of $432.4M for the next quarter, whereas the lowest estimate is $429M.
A total of 5 analysts have provided revenue estimates for HCSG’s current fiscal year. The highest revenue estimate was $1.74B, while the lowest revenue estimate was $1.73B, resulting in an average revenue estimate of $1.73B. In the same quarter a year ago, actual revenue was $1.67B, up 3.50% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.78B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.76B. The average revenue growth estimate for next year is up 2.90% from the average revenue estimate for this year.
