Healthcare Services Group (HCSG) to Release Quarterly Earnings on Wednesday

Healthcare Services Group (NASDAQ:HCSG) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $433.96 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Healthcare Services Group Trading Up 0.1 %

Healthcare Services Group stock opened at $11.04 on Wednesday. Healthcare Services Group has a twelve month low of $8.98 and a twelve month high of $13.00. The stock’s fifty day simple moving average is $11.80 and its 200-day simple moving average is $11.26. The firm has a market capitalization of $809.12 million, a P/E ratio of 16.00 and a beta of 0.56.

Wall Street Analysts Forecast Growth

HCSG has been the topic of a number of research reports. Macquarie initiated coverage on Healthcare Services Group in a report on Monday, December 16th. They set a “neutral” rating and a $13.00 price target on the stock. StockNews.com raised Healthcare Services Group from a “hold” rating to a “buy” rating in a report on Friday, January 31st. 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. Finally, Robert W. Baird lowered their price objective on Healthcare Services Group from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Healthcare Services Group currently has an average rating of “Moderate Buy” and an average price target of $13.80.

About Healthcare Services Group

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.