Healthcare Services Group, Inc. (NASDAQ: HCSG) is 3.18% higher on its value in year-to-date trading and has touched a low of $8.75 and a high of $13.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HCSG stock was last observed hovering at around $10.58 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $10.70, the stock is 2.82% and -0.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing 1.13% at the moment leaves the stock -2.81% off its SMA200. HCSG registered 7.97% gain for a year compared to 6-month gain of -2.73%. The firm has a 50-day simple moving average (SMA 50) of $10.7144 and a 200-day simple moving average (SMA200) of $11.0089.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -3.34% loss in the last 1 month and extending the period to 3 months gives it a -5.73%, and is -0.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.33% over the week and 3.37% over the month.
Healthcare Services Group, Inc. (HCSG) has around 33400 employees, a market worth around $785.17M and $1.70B in sales. Current P/E ratio is 15.78 and Fwd P/E is 12.69. Profit margin for the company is 2.95%. Distance from 52-week low is 22.29% and -17.69% from its 52-week high. The company has generated returns on investments over the last 12 months (10.07%).
Healthcare Services Group, Inc. quarterly earnings per share for the current quarter are estimated at 0.2 with sales reaching $434.8M over the same period.The EPS is expected to shrink by -4.19% this year, but quarterly earnings will post 2.50% year-over-year. Quarterly sales are estimated to grow 2.60% in year-over-year returns.
282.0 institutions hold shares in Healthcare Services Group, Inc. (HCSG), with institutional investors hold 103.06% of the company’s shares. The shares outstanding are 73.34M, and float is at 72.67M with Short Float at 3.63%. Institutions hold 101.96% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.79 million shares valued at $135.3 million. The investor’s holdings represent 17.3164 of the HCSG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.42 million shares valued at $89.12 million to account for 11.4058 of the shares outstanding. The other top investors are ROYCE & ASSOCIATES LP which holds 4.16 million shares representing 5.6313 and valued at over $44.0 million, while MACKENZIE FINANCIAL CORP holds 5.6198 of the shares totaling 4.15 million with a market value of $43.91 million.
Healthcare Services Group, Inc. (HCSG) Insider Activity
The most recent transaction is an insider sale by Brophy Andrew M, the company’s Principal Accounting Officer. SEC filings show that Brophy Andrew M sold 1,125 shares of the company’s common stock on Feb 28 ’24 at a price of $12.58 per share for a total of $14152.0. Following the sale, the insider now owns 7741.0 shares.
