Stifel raised the price target for the Healthcare Services Group Inc. (NASDAQ:HCSG) stock to “a Hold”. The rating was released on June 23, 2021. In their research brief published April 20, 2020, Robert W. Baird analysts upgraded the Healthcare Services Group Inc. stock from Neutral to Outperform with a price target of $28.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Healthcare Services Group Inc. (NASDAQ:HCSG) dipped -12.37% to close Wednesday’s market session at $26.92, lower as compared to yesterday’s close. The stock price fluctuated between $26.64 and $28.32 throughout the trading session with the volume trading being 2444637 shares, which represented a significant variation when compared to the three months average volume of 477.97K shares. The firm’s stock price fluctuated -14.81% within the last five trades and -16.79% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -13.36% in the last 6 months and -14.86% was subtracted to its value over the previous 3 months. HCSG stock is trading at a margin of -14.57%, -13.15% and -5.34% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, HCSG deals in the Healthcare domain. The stock is trading -24.80 percent below its 52-week high and 34.26 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -0.04. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Healthcare Services Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 6.80 percent and the profit margin is 6.00 percent, and the company has reported a gross margin of 16.10 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $2.07 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Healthcare Services Group Inc. (NASDAQ:HCSG) is 19.55. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 21.11. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.20 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 4.10, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Kush Andrew, the EVP & Chief Operating Officer at Healthcare Services Group Inc. (HCSG) has sold 2,000 shares of firm on Dec 04 at a price of $23.54 against the total amount of $47080.0. In another inside trade, Ottaviano Dino D, Director of Healthcare Services Group Inc. (NASDAQ:HCSG) sold 300 shares of the firm on Dec 03 for a total worth of $6948.0 at a price of $23.16. An inside trade which took place on Nov 12, EVP & Chief Revenue Officer of Healthcare Services Group Inc. McBryan Michael E sold 15,000 shares of firm against total price of $0.35 million at the cost of $23.60 per share.