Healthcare Services Group (NASDAQ:HCSG) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Posted by Brenda Bartman on May 2nd, 2026

Healthcare Services Group, Inc. (NASDAQ:HCSG – Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.19 and traded as high as $21.54. Healthcare Services Group shares last traded at $21.41, with a volume of 551,395 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on HCSG shares. BMO Capital Markets raised their price target on shares of Healthcare Services Group from $22.00 to $24.00 and gave the stock a “market perform” rating in a research report on Thursday, April 23rd. Wall Street Zen raised shares of Healthcare Services Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 29th. William Blair raised shares of Healthcare Services Group from a “market perform” rating to an “outperform” rating in a research report on Friday, February 20th. UBS Group raised their price target on shares of Healthcare Services Group from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Benchmark raised their price target on shares of Healthcare Services Group from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Healthcare Services Group currently has an average rating of “Hold” and a consensus price target of $24.00.

Check Out Our Latest Stock Analysis on Healthcare Services Group

Healthcare Services Group Price Performance

The firm has a market capitalization of $1.46 billion, a P/E ratio of 22.19 and a beta of 0.85. The business’s 50-day moving average is $20.05 and its 200 day moving average is $19.19.

Healthcare Services Group (NASDAQ:HCSG – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.15. The firm had revenue of $462.77 million for the quarter, compared to the consensus estimate of $479.79 million. Healthcare Services Group had a net margin of 3.67% and a return on equity of 17.81%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.23 earnings per share. Analysts anticipate that Healthcare Services Group, Inc. will post 0.94 EPS for the current fiscal year.

Insiders Place Their Bets

In other Healthcare Services Group news, EVP Patrick J. Orr sold 44,615 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $20.53, for a total transaction of $915,945.95. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Andrew M. Brophy sold 2,490 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $21.75, for a total transaction of $54,157.50. Following the sale, the chief accounting officer owned 15,735 shares in the company, valued at $342,236.25. The trade was a 13.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 146,962 shares of company stock worth $3,014,100 over the last ninety days. Corporate insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Healthcare Services Group

Large investors have recently bought and sold shares of the company. 8 Knots Management LLC acquired a new stake in shares of Healthcare Services Group in the 3rd quarter valued at approximately $56,527,000. Ameriprise Financial Inc. boosted its stake in shares of Healthcare Services Group by 80.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,981,840 shares of the business services provider’s stock valued at $33,354,000 after purchasing an additional 882,213 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Healthcare Services Group by 38.1% in the 3rd quarter. American Century Companies Inc. now owns 1,766,601 shares of the business services provider’s stock valued at $29,732,000 after purchasing an additional 487,608 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of Healthcare Services Group by 1,116.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 448,806 shares of the business services provider’s stock valued at $6,746,000 after purchasing an additional 411,908 shares in the last quarter. Finally, Towle & Co. acquired a new stake in shares of Healthcare Services Group in the 4th quarter valued at approximately $7,396,000. 97.97% of the stock is currently owned by institutional investors and hedge funds.

About Healthcare Services Group

(Get Free Report)

Healthcare Services Group, Inc (NASDAQ: HCSG) is a leading provider of support services to healthcare facilities across the United States. The company specializes in environmental services, including housekeeping and sanitation, as well as linen and laundry management. In addition, Healthcare Services Group offers dietary and nutrition services, catering to hospitals, skilled nursing facilities, assisted living communities and other long-term care providers.

Founded as a family-owned business in the late 1970s, the company completed its initial public offering in 1997.