Healthcare Services Group, Inc (NASDAQ:HCSG) currently has a daily average trading volume of 504.44K but it saw 3006956 shares traded in last market. With a market cap of 686.14M USD, the company’s current market price of $12.19 came rising about 29.54 while comparing to the previous closing price of $9.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.99 and as low as $9.12. In the recent trading on the day, stock has struck highest price mark of $10.86 while lowest mark touched by it was $12.2.
Taking a look at 20-day trading activity of Healthcare Services Group, Inc (HCSG) gives us an average price of $10.04, while its current price level is -6.16% below from 52-week high level whereas it is 33.59% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.41 while that of 200 days or SMA-200 reads an average of $11.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.80% during that period while stretching the period over a month that decreases to 3.83%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.69 which implies that the stock is in overbought territory.
Jefferies upgraded its recommendation for the stock as a “Hold” from “Underperform” on March 24, 2023 while assigning a price target range of $8.50-$14. RBC Capital Mkts issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $14 and $17.
Over the week, HCSG’s stock price is moving 26.32% up while it is 18.35% when we observe its performance for the past one month. Year-to-date it is 4.95% up and over the past year, the stock is showing an upside performance of 2.09%.
The company is expected to be releasing its next quarterly report on 2025-Feb-11, for which analysts forecasted an EPS of 0.2 while estimate for next year EPS is 0.83. In next quarter, company is expected to be making quarterly sales of $449.27M as analysts are expecting the sales for current fiscal year at $1.8B and seeing the company making $1.87B in sales next year. Moreover, analysts are in estimates of $447.49M for current-quarter revenue.
Currently, Healthcare Services Group, Inc’s total number of outstanding shares is 73.20M with 1.25% of that held by the insiders while 104.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.77% and return on equity (ROE) at 8.25%. It has a price to earnings ratio (P/E ratio) of 22.85 while having a 13.70 of forward P/E ratio. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is 4.88% on average.
