Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Healthcare Services Group, Inc. before investing.

In this article, we go over a few key elements for understanding Healthcare Services Group, Inc.’s stock price such as:

• Healthcare Services Group, Inc.’s current stock price and volume
• Why Healthcare Services Group, Inc.’s stock price changed recently
• Upgrades and downgrades for HCSG from analysts
• HCSG’s stock price momentum as measured by its relative strength

About Healthcare Services Group, Inc. (HCSG)

Before we jump into Healthcare Services Group, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Healthcare Services Group, Inc. provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of healthcare facilities, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States. The Company's segments include housekeeping, laundry, linen and other services (Housekeeping), and dietary department services (Dietary). Housekeeping segment manages its customers housekeeping departments, which are responsible for the cleaning, disinfecting and sanitizing of resident rooms and common areas of the customers facilities, as well as the laundering and processing of the bed linens and other assorted linen items. Dietary segment manages its customers dietary departments, which are responsible for food purchasing, meal preparation and professional dietitian services that include the development of menus that meet the dietary needs of residents.

Want to learn more about Healthcare Services Group, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Healthcare Services Group, Inc..

Healthcare Services Group, Inc.’s Stock Price as of Market Close

As of September 13, 2024, 4:00 PM, CST, Healthcare Services Group, Inc.’s stock price was $11.14.

Healthcare Services Group, Inc. is up 5% from its previous closing price of $10.61.

During the last market session, Healthcare Services Group, Inc.’s stock traded between $10.52 and $10.73. Currently, there are 73.85 million shares of Healthcare Services Group, Inc. stock available for purchase.

Healthcare Services Group, Inc.’s price-earnings (P/E) ratio is currently at 25.6, which is high compared to the Business Support Services industry median of 22.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Healthcare Services Group, Inc. Stock Price History

Healthcare Services Group, Inc.’s (HCSG) price is currently up 2.3% so far this month.

During the month of September, Healthcare Services Group, Inc.’s stock price has reached a high of $11.14 and a low of $10.18.

Over the last year, Healthcare Services Group, Inc. has hit prices as high as $13.00 and as low as $8.75. Year to date, Healthcare Services Group, Inc.’s stock is down 7.17%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Healthcare Services Group, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 12, 2024, there was 1 analyst who downgraded Healthcare Services Group, Inc.’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Healthcare Services Group, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Healthcare Services Group, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Healthcare Services Group, Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Healthcare Services Group, Inc. (HCSG) by visiting AAII Stock Evaluator.

Relative Price Strength of Healthcare Services Group, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 12, 2024, Healthcare Services Group, Inc. has a weighted four-quarter relative price strength of -3.93%, which translates to a Momentum Score of 48 and is considered to be Average.

Want to learn more about how Healthcare Services Group, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Healthcare Services Group, Inc. Stock Price: Bottom Line

As of September 13, 2024, Healthcare Services Group, Inc.’s stock price is $11.14, which is up 5% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Healthcare Services Group, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.