Healthcare Services Group (NASDAQ:HCSG) Stock Crosses Above 200 Day Moving Average – What’s Next?

Posted by Geri Gentry on Sep 16th, 2026

Shares of Healthcare Services Group, Inc. (NASDAQ:HCSG – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $21.63 and traded as high as $22.13. Healthcare Services Group shares last traded at $22.04, with a volume of 482,623 shares traded.

Analyst Ratings Changes

HCSG has been the subject of a number of research reports. Weiss Ratings downgraded Healthcare Services Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 9th. UBS Group increased their target price on Healthcare Services Group from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Oppenheimer initiated coverage on Healthcare Services Group in a research report on Wednesday, August 19th. They issued an “outperform” rating and a $28.00 target price for the company. Wall Street Zen downgraded Healthcare Services Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Zacks Research raised Healthcare Services Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $26.50.

View Our Latest Stock Report on HCSG

Healthcare Services Group Trading Up 0.6%

The business’s 50-day moving average is $22.76 and its two-hundred day moving average is $21.63. The firm has a market cap of $1.51 billion, a P/E ratio of 12.82 and a beta of 0.80.

Healthcare Services Group (NASDAQ:HCSG – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.10. Healthcare Services Group had a net margin of 6.59% and a return on equity of 18.97%. The firm had revenue of $470.81 million for the quarter, compared to analyst estimates of $471.22 million. During the same quarter in the prior year, the business earned ($0.44) earnings per share. On average, analysts anticipate that Healthcare Services Group, Inc. will post 1.14 earnings per share for the current year.

Insider Buying and Selling at Healthcare Services Group

In other news, COO Andrew Kush sold 15,598 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $23.24, for a total transaction of $362,497.52. Following the sale, the chief operating officer directly owned 22,741 shares in the company, valued at approximately $528,500.84. This represents a 40.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Nykredit A S bought a new position in shares of Healthcare Services Group during the 2nd quarter valued at $28,000. Jupiter Asset Management Ltd. boosted its holdings in Healthcare Services Group by 1.3% in the fourth quarter. Jupiter Asset Management Ltd. now owns 140,895 shares of the business services provider’s stock worth $2,694,000 after purchasing an additional 1,839 shares in the last quarter. KBC Group NV bought a new stake in Healthcare Services Group in the first quarter worth $35,000. Sanctuary Advisors LLC increased its position in Healthcare Services Group by 9.7% during the first quarter. Sanctuary Advisors LLC now owns 22,098 shares of the business services provider’s stock worth $410,000 after buying an additional 1,947 shares during the last quarter. Finally, Allworth Financial LP acquired a new position in Healthcare Services Group during the second quarter worth $55,000. 97.97% of the stock is currently owned by institutional investors.

About Healthcare Services Group

(Get Free Report)

Healthcare Services Group, Inc (NASDAQ:HCSG) provides outsourced support services to healthcare and senior living facilities across the United States. Its primary customers include nursing homes, post-acute care centers, hospitals, assisted living communities and other healthcare-related facilities.

The company operates through two principal service areas. Its environmental services business provides housekeeping, laundry and linen management, waste handling and related services. Its dietary services business supports food procurement, meal preparation, dining operations and nutrition-related programs for residents and patients.

Healthcare Services Group was founded in 1976 and has historically focused on helping healthcare providers manage nonclinical operations through contract-based services.