Healthcare Services Group, Inc. (NASDAQ:HCSG) Given Average Rating of “Moderate Buy” by Brokerages

Posted by Brenda Bartman on Jul 31st, 2026

Shares of Healthcare Services Group, Inc. (NASDAQ:HCSG – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $26.20.

A number of equities research analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on Healthcare Services Group from $22.00 to $24.00 and gave the company a “market perform” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada increased their target price on shares of Healthcare Services Group from $22.00 to $24.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 23rd. UBS Group lifted their target price on shares of Healthcare Services Group from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Zacks Research lowered shares of Healthcare Services Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Finally, Benchmark upped their price target on shares of Healthcare Services Group from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd.

Check Out Our Latest Analysis on HCSG

Healthcare Services Group Trading Down 1.5%

Shares of NASDAQ HCSG opened at $23.08 on Friday. The stock has a fifty day simple moving average of $22.82 and a two-hundred day simple moving average of $21.07. Healthcare Services Group has a 1-year low of $12.84 and a 1-year high of $25.75. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 13.42 and a beta of 0.78.

Healthcare Services Group (NASDAQ:HCSG – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.10. The firm had revenue of $470.81 million for the quarter, compared to analyst estimates of $471.22 million. Healthcare Services Group had a return on equity of 18.97% and a net margin of 6.59%.During the same period in the previous year, the company posted ($0.44) earnings per share. Analysts forecast that Healthcare Services Group will post 1.01 EPS for the current year.

Institutional Trading of Healthcare Services Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in shares of Healthcare Services Group by 3.7% in the first quarter. Royal Bank of Canada now owns 139,126 shares of the business services provider’s stock worth $1,402,000 after purchasing an additional 4,917 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Healthcare Services Group by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,704 shares of the business services provider’s stock valued at $441,000 after buying an additional 1,824 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Healthcare Services Group during the first quarter valued at $242,000. Jane Street Group LLC boosted its stake in Healthcare Services Group by 962.0% during the first quarter. Jane Street Group LLC now owns 200,082 shares of the business services provider’s stock valued at $2,017,000 after buying an additional 181,242 shares during the period. Finally, Invesco Ltd. grew its position in Healthcare Services Group by 19.4% during the second quarter. Invesco Ltd. now owns 747,822 shares of the business services provider’s stock worth $11,240,000 after buying an additional 121,263 shares in the last quarter. 97.97% of the stock is currently owned by hedge funds and other institutional investors.

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.