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Healthcare Services Group (HCSG) earnings preview: solid revenue growth?

5:35 pm ET, 06 Jul 2018

Healthcare Services Group, Inc. (HCSG) is estimated to report earnings on July 10 after market close. The shares are trading at 43.48, up 0.35% from yesterday.

What are the HCSG earnings expectations?  What news will the market be watching out for? 

The company has a strong balance sheet and provides necessary services to an increasing number of customers in a growing market.  The aging of the American population will lead to increased spending on medical care:

  • The gross output of the healthcare and social assistance sector has been growing at a rapid rate.
  • Employment in the education and health services sector has been increasing for the last 10 years. It also grew during the recession.
  • The US continues to increase its health service expenditures on a per capita basis.

Healthcare Services Group Inc., has a history of missing analysts’ earnings estimates.  In the past four quarters, the company: 

  • Beat analyst EPS estimates by 1 cent ($.30 actuals vs. $.29 forecast) in FQ2’17;
  • Missed analyst EPS estimates by 1 cent ($.31 actuals vs. $.32 forecast) in FQ3’17;
  • Missed analyst EPS estimates by 5 cents ($.27 actuals vs. $.32 forecast) in FQ4’17;
  • Missed analyst EPS estimates by 30 cents ($.0 actuals vs. $.30 forecast) in FQ1’18;

For FQ2’18, EPS is expected to grow by 30% year-over-year to $.39, while revenue is expected to grow 8% year-over-year to $509 million.  

Healthcare Services Group, Inc. (HCSG) forward P/E ratio is 23.48, and it’s high compared to its industry peers’ P/E ratios.

Healthcare Services Group, Inc. (HCSG) short share of float is 15.88%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

Healthcare Services Group, Inc. (HCSG) average analyst price target ($49.33) is 13.45% above its current price ($43.48).

For the latest price and information on Healthcare Services Group, Inc., please visit Finstead and search for "HCSG price" or "HCSG news".

Healthcare Services Group is a provider of housekeeping and facility-management services to the healthcare industry. The company operates two business segments: housekeeping and dietary. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, and bed linen and uniform services, while dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. 

HCSG clients are primarily nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States.

Healthcare Services Group, Inc. (HCSG) Stock Guide

Updated at: 2:14 pm ET, 12 Nov 2020

Before we start: if you're looking for HCSG stock price, you can quickly find it out by visiting Finny and typing "HCSG quote". If you're looking for a quick scoop on HCSG stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "HCSG". You'll get all this info in one place. Or you can just type "HCSG news" to get the latest stock news.

Looking to buy or sell Healthcare Services Group, Inc. (HCSG)? Interested in getting the full scoop on HCSG, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this HCSG stock guide, we'll address key questions about HCSG, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are HCSG earnings?
2. When is HCSG earnings date?
3. What is HCSG dividend?
4. What is HCSG dividend yield?
5. What is HCSG stock forecast (i.e., prediction)?
6. HCSG buy or sell? What is HCSG Finny Score?
7. What are the reasons to buy HCSG? Why should I buy HCSG stock?
8. What are the reasons to sell HCSG? Why should I sell HCSG stock?
9. What are HCSG key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are HCSG earnings?

HCSG trailing 12-month earnings per share (EPS) is $1.20.

2. When is HCSG earnings date?

HCSG earnings date is February 09, 2021.

3. What is HCSG dividend?

HCSG forward dividend is $0.82.

4. What is HCSG dividend yield?

HCSG forward dividend yield is 3.58%.

Analyst Predictions

5. What is HCSG stock forecast (i.e., prediction)?

Based on HCSG analyst price targets, HCSG stock forecast is $27.29 (for a year from now). That means the average analyst price target for HCSG stock is $27.29. The prediction is based on 7 analyst estimates.

The low price target for HCSG is $24.00, while the high price target is $34.00.

HCSG analyst rating is Buy.

Analysis

6. HCSG buy or sell? What is HCSG Finny Score?

#{finnyScore:54}Our quantitative analysis shows 7 reasons to buy and 6 reasons to sell HCSG, resulting in Finny Score of 54.

7. What are the reasons to buy HCSG? Why should I buy HCSG stock?

Here are the reasons to buy HCSG stock:

8. What are the reasons to sell HCSG? Why should I sell HCSG stock?

Let's look at the reasons to sell HCSG stock (i.e., the bear case):

  • HCSG quarterly revenue growth was -4.30%, lower than the industry and sector average revenue growth (0.94% and 0.59%, respectively). See HCSG revenue growth chart.
  • HCSG profitability is declining. The YoY profit margin change was -0.23 percentage points. See HCSG profitability chart.
  • HCSG forward P/E ratio is 18.75, which is high compared to its industry peers’ P/E ratios. See HCSG forward P/E ratio chart.
  • HCSG Price/Book ratio is 3.66, which is high compared to its industry peers’ P/B ratios. See HCSG forward Price/Book ratio chart.
  • HCSG short share of float is 19.51%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See HCSG short share of float chart.
  • HCSG short interest (days to cover the shorts) ratio is 21.94. The stock garners more short interest than the average industry, sector or S&P 500 stock. See HCSG short interest ratio chart.

Key Stats

9. What are HCSG key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for HCSG:

Metrics HCSG
Price $23.68
Average Price Target / Upside $27.29 / 15.24%
Average Analyst Rating Buy
Forward Dividend Yield 3.57%
Industry Business Services
Sector Industrials
Number of Employees 55,000
Market Cap $1.71B
Forward P/E Ratio 18.99
Price/Book Ratio 0.96
Revenue (TTM) $1.78B
YoY Quarterly Revenue Growth -4.30%
Profit Margin 5.03%

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