The leading market experts have placed a mean price target of $40.00 on Healthcare Services Group, Inc. (NASDAQ:HCSG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.27 a share for the upcoming quarter and $1.08 for the current fiscal. Technical View The technical analysis of Healthcare Services Group, Inc. plainly substantiates that the 50-day moving average of Healthcare Services Group, Inc. is $39.28, and stock is hovering 2.03 or +5.16% distant from $39.28. It is noted that the 200-day MA is $36.55, and Healthcare Services Group, Inc. stock is $4.76 or +13.03% off from this point. Healthcare Services Group, Inc. (NASDAQ:HCSG) 52-week high is $41.51 and the 52-week low is $31.50. This explains if the stock moves $-0.20, it will post a 52-week high. In event of $+31.14% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Healthcare Services Group, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Healthcare Services Group, Inc. (NASDAQ:HCSG) ratio came in at 49.18. The stock last ended the trading session at $41.31 and registered a market cap of $2.99B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Healthcare Services Group, Inc. (NASDAQ:HCSG) PEG ratio is at 2.13.
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