The leading market experts have placed a mean price target of $42.40 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 $0.28 a share for the upcoming quarter and $1.06 for the current fiscal.
The technical analysis of Healthcare Services Group, Inc. plainly substantiates that the 50-day moving average of Healthcare Services Group, Inc. is $39.44, and stock is trading $-0.68 points away or -1.73% from its 50-day moving average of $39.44. Further it is trading $1.15 or +3.07% away its 200-day moving average of $37.61. Healthcare Services Group, Inc. (NASDAQ:HCSG) 52-week high is $42.18 and the 52-week low is $31.50.
This explains if the stock moves $-3.42, it will post a 52-week high. In event of +23.05% 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 44.50.
The stock last ended the trading session at $38.76 and registered a market cap of $2.81B. 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 2.07.
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