William Blair Has Pessimistic Outlook of HCSG Q1 Earnings

Healthcare Services Group, Inc. (NASDAQ:HCSG - Free Report) - Investment analysts at William Blair reduced their Q1 2025 EPS estimates for shares of Healthcare Services Group in a note issued to investors on Wednesday, February 12th. William Blair analyst R. Daniels now anticipates that the business services provider will earn $0.18 per share for the quarter, down from their prior estimate 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.04). Healthcare Services Group had a net margin of 2.95% and a return on equity of 12.59%.

HCSG has been the subject of a number of other research reports. Macquarie began coverage on shares of Healthcare Services Group in a report on Monday, December 16th. They issued a "neutral" rating and a $13.00 price objective for the company. StockNews.com raised shares of Healthcare Services Group from a "hold" rating to a "buy" rating in a report on Tuesday, February 11th. Benchmark reissued 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 cut their price objective on shares of 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 investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Healthcare Services Group currently has a consensus rating of "Moderate Buy" and an average price target of $14.00.

Healthcare Services Group Stock Performance

HCSG traded down $0.24 on Friday, reaching $10.60. The company had a trading volume of 713,099 shares, compared to its average volume of 437,552. Healthcare Services Group has a fifty-two week low of $9.70 and a fifty-two week high of $13.00. The stock has a market cap of $776.87 million, a P/E ratio of 15.36 and a beta of 0.56. The company's fifty day moving average is $11.52 and its 200 day moving average is $11.23.

Institutional Trading of Healthcare Services Group

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of Healthcare Services Group by 100.8% during the 4th quarter. GAMMA Investing LLC now owns 2,137 shares of the business services provider's stock worth $25,000 after acquiring an additional 1,073 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Healthcare Services Group during the 4th quarter worth approximately $25,000. Sterling Capital Management LLC lifted its stake in 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 valued at $27,000 after purchasing an additional 2,097 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Healthcare Services Group by 804.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,730 shares of the business services provider's stock valued at $30,000 after purchasing an additional 2,428 shares during the last quarter. Finally, Financial Management Professionals Inc. lifted its stake in Healthcare Services Group by 85.7% in the 3rd quarter. Financial Management Professionals Inc. now owns 8,180 shares of the business services provider's stock valued at $91,000 after purchasing an additional 3,774 shares during the last quarter. Institutional investors own 97.97% of the company's stock.

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.