William Blair Issues Negative Forecast for HCSG Earnings

Healthcare Services Group, Inc. (NASDAQ:HCSG) – William Blair reduced their Q1 2025 earnings estimates for Healthcare Services Group in a research report issued to clients and investors on Wednesday, February 12th. William Blair analyst R. Daniels now expects that the business services provider will earn $0.18 per share for the quarter, down from their previous forecast of $0.20. The consensus estimate for Healthcare Services Group’s current full-year earnings is $0.81 per share. William Blair also issued estimates for Healthcare Services Group’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.19 EPS, Q4 2025 earnings at $0.19 EPS and FY2025 earnings at $0.74 EPS.

Healthcare Services Group (NASDAQ:HCSG) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.04). Healthcare Services Group had a return on equity of 12.59% and a net margin of 2.95%.

HCSG has been the topic of a number of other research reports. Benchmark reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Healthcare Services Group in a report on Thursday, December 19th. Macquarie started coverage on shares of Healthcare Services Group in a research note on Monday, December 16th. They issued a “neutral” rating and a $13.00 price target on the stock. StockNews.com upgraded Healthcare Services Group from a “hold” rating to a “buy” rating in a research report on Tuesday, February 11th. Finally, Robert W. Baird decreased their price objective on Healthcare Services Group from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Healthcare Services Group Stock Performance

HCSG stock opened at $10.84 on Friday. Healthcare Services Group has a 1 year low of $9.70 and a 1 year high of $13.00. The stock has a market capitalization of $794.46 million, a price-to-earnings ratio of 15.71 and a beta of 0.56. The stock’s fifty day moving average is $11.55 and its two-hundred day moving average is $11.23.

Institutional Trading of Healthcare Services Group

A number of institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in shares of Healthcare Services Group by 100.8% during the fourth quarter. GAMMA Investing LLC now owns 2,137 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 1,073 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Healthcare Services Group during the 4th quarter valued at $25,000. Sterling Capital Management LLC raised its stake in shares of Healthcare Services Group by 803.4% in the 4th quarter. Sterling Capital Management LLC now owns 2,358 shares of the business services provider’s stock worth $27,000 after buying an additional 2,097 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Healthcare Services Group by 804.0% in the third quarter. Farther Finance Advisors LLC now owns 2,730 shares of the business services provider’s stock valued at $30,000 after buying an additional 2,428 shares during the period. Finally, Financial Management Professionals Inc. boosted its stake in Healthcare Services Group by 85.7% during the third quarter. Financial Management Professionals Inc. now owns 8,180 shares of the business services provider’s stock valued at $91,000 after buying an additional 3,774 shares in the last quarter. 97.97% of the stock is owned by institutional investors and hedge funds.

Healthcare Services Group Company Profile

Healthcare Services Group, Inc provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary.