Find Out How Healthcare Services Group Inc. (HCSG) Insiders Are Trading Their Stock?


As of Friday close, Healthcare Services Group Inc.’s (NASDAQ:HCSG) stock was down -$0.53, moving down -3.98 percent to $12.78. The average number of shares traded per day over the past five days has been 2,612,980 shares. 4 times new highs have been achieved over the past 5 days, with a $0.78 gain in that time frame. In the last twenty days, the average volume was 1,457,000, while in the previous 50 days, it was 989,456.

Since last month, HCSG stock retreated -5.61%. Shares of the company fell to $11.75 on 03/13/23, the lowest level in the past month. A 52-week high of $20.54 was reached on 02/21/23 after having rallying from a 52-week low of $11.55. Since the beginning of this year, HCSG’s stock price has risen by 6.50% or $0.78, and marked a new high 11 times. However, the stock has declined by -37.78% since its 52-week high.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


HCSG stock investors should be aware that Healthcare Services Group Inc. (HCSG) stock had its last reported insider trading activity 22 days ago on Feb 24. Brophy Andrew M, the Principal Accounting Officer of the company, disposed of 951 shares for $13.41 on Feb 24. It resulted in a $12,753 divestment by the insider.

Valuation Metrics

Right now, Healthcare Services Group Inc. (HCSG) has a P/E ratio of about 27.42. The stock’s beta is 0.37. Besides these, the trailing price-to-sales (P/S) ratio of 0.58, the price-to-book (PB) ratio of 2.23.

The latest dividend of $0.2150 per share was paid out, which is 0.56% more than last year’s $0.2138. On Wednesday October 19 2022, a $0.0012 dividend increase was announced.

Financial Health

In the three months ended September 29, Healthcare Services Group Inc.’s quick ratio stood at 2.70, while its current ratio was 2.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 11.50% percent. In the year ended September 29, operating margins totaled 3.20%. Based on annual data, HCSG earned $193.84 million in gross profit and brought in $1.69 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.50%. Return on equity (ROE) for the past 12 months was 8.00%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HCSG’s revenue rose 0.84% to $414.49 million during the quarter, while net income inched up to $424.02 million. While analysts expected Healthcare Services Group Inc. to report $0.07 quarterly earnings, the actual figure was $0 per share. During the quarter, the company generated $21.99 million in EBITDA. The liabilities of Healthcare Services Group Inc. were 292.16 million at the end of its most recent quarter ended September 29, and its total debt was $39.19 million. The value of shareholders’ equity is $74.39 million.

Technical Picture

This quick technical analysis looks at Healthcare Services Group Inc.’s (HCSG) price momentum. With a historical volatility rate of 43.80%, the RSI 9-day stood at 46.96% on 17 March.

With respect to its five-day moving average, the current Healthcare Services Group Inc. price is up by +6.50% percent or $0.78. At present, HCSG shares trade -5.61% below its 20-day simple moving average and -3.62% percent below its 100-day simple moving average. However, the stock is currently trading approximately +0.79% above its SMA50 and -25.57% below its SMA200.

Stochastic coefficient K was 67.48% and Stochastic coefficient D was 56.76%, while ATR was 0.54. Given the Stochastic reading of 59.88% for the 14-day period, the RSI (14) reading has been calculated as 46.93%. As of today, the MACD Oscillator reading stands at 0.44, while the 14-day reading stands at 0.33.

Analyst Ratings

RBC Capital Mkts upgraded its rating on Healthcare Services Group Inc. (NASDAQ: HCSG) to an Outperform in a note to investors on February 17, 2023. The analysts firm previously had a Sector perform rating on the stock.Healthcare Services Group Inc. (HCSG) has been rated Overweight by analysts. According to 0 brokerage firms, HCSG is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Healthcare Services Group Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $15.00, the current consensus forecast for the stock is $14.00 – $18.00. Based on these forecasts, analysts predict Healthcare Services Group Inc. (HCSG) will achieve an average price target of $15.60.


Please enter your comment!
Please enter your name here