Healthcare Services Group Inc (NASDAQ: HCSG) has reported earnings for its third fiscal quarter (ending September 30) of $0.19 versus a loss $-0.07 for the same period a year ago. E.P.S. were $0.68 for the latest four quarters through September 30 versus $0.43 for the same period a year ago.
Recent Price Action
On 10/23/24, Healthcare Services Group Inc (NASDAQ: HCSG) stock enjoyed a large increase of 2.8%, closing at $10.58. NORMAL trading volume accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -1.5% during the last week.
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 C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Healthcare Services Group has a neutral Power Rating of 50 and a slightly negative Appreciation Score of 38, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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