Healthcare Services Group Inc (NASDAQ: HCSG) has reported earnings for its first fiscal quarter (ending March 31) of $0.21 versus $0.17 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.57 compared to $0.48 a year ago.
Recent Price Action
On 4/24/24, Healthcare Services Group Inc (NASDAQ: HCSG) stock suffered a large decline of -6.1%, closing at $11.22. Moreover, trading volume in this decline was exceptionally high at 202% of normal. The stock has declined -3.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HCSG is expected to continue to be an important Value Builder.
Healthcare Services Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Healthcare Services Group has a neutral Power Rating of 49 but a poor Appreciation Score of 26, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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