
HCSG Stock Forecast & Price Target
HCSG Analyst Ratings
Bulls say
Healthcare Services Group Inc. reported revenue of $464.3 million, reflecting an 8.5% increase and exceeding its guidance range. The company experienced a significant rise in nursing home occupancy levels, reaching 85.7%, which is expected to positively impact its future growth given the aging population and limited capacity. Additionally, the company's strong cash position of $207.5 million, combined with plans for accelerated stock repurchase, indicates robust financial health and a commitment to enhancing shareholder returns.
Bears say
Healthcare Services Group Inc. demonstrates a concerning financial outlook, particularly due to its weakened profitability ratios, as indicated by low metrics such as return on equity (ROE) and return on assets (ROA). The company is also exposed to potential risks associated with changes in payment rules and rates, which have historically led to financial distress and increased bankruptcy rates among nursing homes. Furthermore, the financial performance of its key client, Genesis, significantly impacts HCSG's overall results, suggesting vulnerability tied to the stability of external partners in the healthcare sector.
This aggregate rating is based on analysts' research of Healthcare Services Group and is not a guaranteed prediction by Public.com or investment advice.
HCSG Analyst Forecast & Price Prediction
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