A Glimpse Into The Expert Outlook On Healthcare Services Group Through 4 Analysts

In the preceding three months, 4 analysts have released ratings for Healthcare Services Group HCSG, presenting a wide array of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $14.25, a high estimate of $16.00, and a low estimate of $11.00. This current average represents a 16.18% decrease from the previous average price target of $17.00.

Diving into Analyst Ratings: An In-Depth Exploration

The analysis of recent analyst actions sheds light on the perception of Healthcare Services Group by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Healthcare Services Group. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Healthcare Services Group compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Healthcare Services Group's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Healthcare Services Group's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Healthcare Services Group analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Healthcare Services Group Better

Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.

Healthcare Services Group's Financial Performance

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Negative Revenue Trend: Examining Healthcare Services Group's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -0.75% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.

Net Margin: Healthcare Services Group's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -1.34% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Healthcare Services Group's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -1.23%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Healthcare Services Group's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.73%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Healthcare Services Group's debt-to-equity ratio is below the industry average. With a ratio of 0.13, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.