Healthcare Services Group (HCSG) Getting Somewhat Favorable Media Coverage, Report Shows
News articles about Healthcare Services Group (NASDAQ:HCSG) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Healthcare Services Group earned a news impact score of 0.23 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 46.2757432325427 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
HCSG has been the subject of several recent analyst reports. BidaskClub downgraded Healthcare Services Group from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Zacks Investment Research upgraded Healthcare Services Group from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research note on Tuesday, February 6th. Finally, Robert W. Baird downgraded Healthcare Services Group from an “outperform” rating to a “neutral” rating and set a $52.00 price target for the company. in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $55.20.
Shares of Healthcare Services Group (NASDAQ HCSG) opened at $44.67 on Thursday. The stock has a market capitalization of $3,310.00, a PE ratio of 35.74, a PEG ratio of 2.49 and a beta of 0.79. Healthcare Services Group has a 52 week low of $41.05 and a 52 week high of $56.20.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, February 16th will be given a dividend of $0.1913 per share. This represents a $0.77 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Thursday, February 15th. This is a boost from Healthcare Services Group’s previous quarterly dividend of $0.19. Healthcare Services Group’s payout ratio is currently 60.80%.
About Healthcare Services Group
Healthcare Services Group, Inc provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the healthcare industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States.
Receive News & Ratings for Healthcare Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Services Group and related companies with MarketBeat.com's FREE daily email newsletter.