William Blair Has Pessimistic Outlook of HCSG Q1 Earnings

Healthcare Services Group, Inc. (NASDAQ:HCSG) – Equities researchers at William Blair decreased their Q1 2025 earnings per share estimates for shares of Healthcare Services Group in a report released 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.

Several other research firms have also commented on HCSG. StockNews.com upgraded Healthcare Services Group from a “hold” rating to a “buy” rating in a report on Tuesday. 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 research report on Thursday, October 24th. Benchmark reiterated a “buy” rating and issued a $17.00 target price on shares of Healthcare Services Group in a report on Thursday, December 19th. Finally, 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 for the company. Three 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.80.

Healthcare Services Group Stock Performance

NASDAQ HCSG opened at $11.31 on Friday. The stock’s fifty day moving average is $11.60 and its two-hundred day moving average is $11.24. The firm has a market capitalization of $828.91 million, a P/E ratio of 16.39 and a beta of 0.56. Healthcare Services Group has a fifty-two week low of $9.70 and a fifty-two week high of $13.00.

Healthcare Services Group (NASDAQ:HCSG) last announced its 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%.

Institutional Trading of Healthcare Services Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its position in shares of Healthcare Services Group by 4.8% during the second quarter. The Manufacturers Life Insurance Company now owns 28,368 shares of the business services provider’s stock worth $300,000 after buying an additional 1,311 shares during the period. Sanctuary Advisors LLC acquired a new position in Healthcare Services Group during the 2nd quarter worth about $453,000. CWM LLC boosted its holdings in Healthcare Services Group by 22.4% during the 3rd quarter. CWM LLC now owns 19,152 shares of the business services provider’s stock valued at $214,000 after acquiring an additional 3,511 shares during the period. Bleakley Financial Group LLC purchased a new position in Healthcare Services Group during the 3rd quarter valued at about $116,000. Finally, Mitsubishi UFJ Asset Management UK Ltd. grew its position in Healthcare Services Group by 54.3% in the 3rd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 54,000 shares of the business services provider’s stock valued at $603,000 after acquiring an additional 19,000 shares in the last quarter. Hedge funds and other institutional investors own 97.97% of the company’s stock.

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.