Healthcare Services Group, Inc. (NASDAQ:HCSG – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $11.87, but opened at $11.03. Healthcare Services Group shares last traded at $10.16, with a volume of 80,435 shares trading hands.
Healthcare Services Group Trading Down 6.7 %
The stock has a market capitalization of $816.04 million, a PE ratio of 19.30 and a beta of 0.53. The firm has a 50-day moving average price of $10.83 and a 200-day moving average price of $11.12.
Healthcare Services Group (NASDAQ:HCSG – Get Free Report) last released its earnings results on Wednesday, April 24th. The business services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. Healthcare Services Group had a net margin of 2.44% and a return on equity of 11.44%. The firm had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $424.91 million. During the same period in the previous year, the company earned $0.17 earnings per share. The company’s quarterly revenue was up 1.5% on a year-over-year basis. Sell-side analysts expect that Healthcare Services Group, Inc. will post 0.8 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Healthcare Services Group
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.
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