Healthcare Services Group
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments to nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. The last earnings update was 41 days ago. More info.
Add to Portfolio Compare Print
- Healthcare Services Group has significant price volatility in the past 3 months.
HCSG Share Price and Events
7 Day Returns
1 Year Returns
HCSG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Healthcare Services Group (HCSG) | -4.8% | -22.9% | -26.4% | -30.2% | -12.1% | 8.6% |
| US Commercial Services | 0.9% | -0.2% | 12% | 4.2% | 48.3% | 71.2% |
| US Market | 2.4% | 1.7% | 11.9% | 1.9% | 38.2% | 42.4% |
1 Year Return vs Industry and Market
- HCSG underperformed the Commercial Services industry which returned 4.2% over the past year.
- HCSG underperformed the Market in United States of America which returned 1.9% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Healthcare Services Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Healthcare Services Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 10 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.6% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Commercial Services Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.731 (1 + (1- 21%) (0%)) |
0.82 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.82 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.82 * 5.96%) |
7.62% |
Discounted Cash Flow Calculation for NasdaqGS:HCSG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Healthcare Services Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 7.62%) |
|
|---|---|---|---|
| 2019 | 102.67 | Analyst x7 | 95.40 |
| 2020 | 113.30 | Analyst x7 | 97.83 |
| 2021 | 119.20 | Analyst x1 | 95.64 |
| 2022 | 125.80 | Analyst x1 | 93.79 |
| 2023 | 126.70 | Analyst x1 | 87.78 |
| 2024 | 128.37 | Est @ 1.32% | 82.64 |
| 2025 | 130.61 | Est @ 1.74% | 78.13 |
| 2026 | 133.27 | Est @ 2.04% | 74.08 |
| 2027 | 136.26 | Est @ 2.25% | 70.38 |
| 2028 | 139.52 | Est @ 2.39% | 66.96 |
| Present value of next 10 years cash flows | $842.64 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $139.52 × (1 + 2.73%) ÷ (7.62% – 2.73%) |
$2,933.07 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $2,933.07 ÷ (1 + 7.62%)10 |
$1,407.76 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $842.64 + $1,407.76 |
$2,250.39 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $2,250.39 / 73.80 |
$30.49 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $30.49 |
| Current discount | Discount to share price of
$31.05
= -1 x ($31.05 - $30.49) / $30.49 |
-1.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Healthcare Services Group is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Healthcare Services Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Healthcare Services Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $1.13 |
| NasdaqGS:HCSG Share Price ** | NasdaqGS (2019-03-18) in USD | $31.05 |
| United States of America Commercial Services Industry PE Ratio | Median Figure of 50 Publicly-Listed Commercial Services Companies | 20.09x |
| United States of America Market PE Ratio | Median Figure of 3,055 Publicly-Listed Companies | 17.61x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Healthcare Services Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:HCSG Share Price ÷ EPS (both in USD) = 31.05 ÷ 1.13 |
27.51x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Healthcare Services Group is overvalued based on earnings compared to the US Commercial Services industry average.
- Healthcare Services Group is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Healthcare Services Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 27.51x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts |
18.9%per year |
| United States of America Commercial Services Industry PEG Ratio | Median Figure of 34 Publicly-Listed Commercial Services Companies | 1.63x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 27.51x ÷ 18.9% |
1.46x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Healthcare Services Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Healthcare Services Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $5.95 |
| NasdaqGS:HCSG Share Price * | NasdaqGS (2019-03-18) in USD | $31.05 |
| United States of America Commercial Services Industry PB Ratio | Median Figure of 86 Publicly-Listed Commercial Services Companies | 2.09x |
| United States of America Market PB Ratio | Median Figure of 5,152 Publicly-Listed Companies | 1.87x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:HCSG Share Price ÷ Book Value per Share (both in USD) = 31.05 ÷ 5.95 |
5.22x |
* Primary Listing of Healthcare Services Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Healthcare Services Group is overvalued based on assets compared to the US Commercial Services industry average.
Value checks
We assess Healthcare Services Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check) Healthcare Services Group has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Healthcare Services Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Healthcare Services Group's earnings growth is expected to exceed the United States of America market average.
- Healthcare Services Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:HCSG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts | 18.9% |
| NasdaqGS:HCSG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts | 4.4% |
| United States of America Commercial Services Industry Earnings Growth Rate | Market Cap Weighted Average | 13% |
| United States of America Commercial Services Industry Revenue Growth Rate | Market Cap Weighted Average | 5.2% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 2,437 | 1 | ||
| 2022-12-31 | 2,332 | 1 | ||
| 2021-12-31 | 2,351 | 129 | 151 | 2 |
| 2020-12-31 | 2,204 | 120 | 131 | 9 |
| 2019-12-31 | 2,024 | 109 | 113 | 8 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 2,009 | 84 | |
| 2018-09-30 | 2,012 | 79 | 72 |
| 2018-06-30 | 1,996 | 42 | 70 |
| 2018-03-31 | 1,963 | -3 | 66 |
| 2017-12-31 | 1,866 | 8 | 88 |
| 2017-09-30 | 1,765 | 7 | 88 |
| 2017-06-30 | 1,667 | 15 | 85 |
| 2017-03-31 | 1,582 | 66 | 81 |
| 2016-12-31 | 1,563 | 41 | 77 |
| 2016-09-30 | 1,530 | 49 | 66 |
| 2016-06-30 | 1,498 | 50 | 64 |
| 2016-03-31 | 1,466 | 79 | 61 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
All data from Healthcare Services Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 2.02 | 2.15 | 1.88 | 2.00 |
| 2020-12-31 | 1.74 | 1.88 | 1.57 | 8.00 |
| 2019-12-31 | 1.52 | 1.65 | 1.46 | 7.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 1.13 |
| 2018-09-30 | 0.98 |
| 2018-06-30 | 0.94 |
| 2018-03-31 | 0.90 |
| 2017-12-31 | 1.20 |
| 2017-09-30 | 1.21 |
| 2017-06-30 | 1.16 |
| 2017-03-31 | 1.11 |
| 2016-12-31 | 1.06 |
| 2016-09-30 | 0.91 |
| 2016-06-30 | 0.88 |
| 2016-03-31 | 0.85 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Healthcare Services Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Future performance checks
We assess Healthcare Services Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Healthcare Services Group has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Healthcare Services Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Healthcare Services Group's year on year earnings growth rate has been positive over the past 5 years.
- Healthcare Services Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Healthcare Services Group's 1-year earnings growth is negative, it can't be compared to the US Commercial Services industry average.
Earnings and Revenue History
All data from Healthcare Services Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 2,008.82 | 83.52 | 136.60 | |
| 2018-09-30 | 2,011.82 | 72.16 | 138.20 | |
| 2018-06-30 | 1,996.31 | 69.54 | 134.43 | |
| 2018-03-31 | 1,963.45 | 66.28 | 132.30 | |
| 2017-12-31 | 1,866.13 | 88.23 | 126.73 | |
| 2017-09-30 | 1,765.29 | 88.34 | 120.37 | |
| 2017-06-30 | 1,666.67 | 84.58 | 114.61 | |
| 2017-03-31 | 1,582.35 | 80.79 | 108.28 | |
| 2016-12-31 | 1,562.66 | 77.40 | 105.42 | |
| 2016-09-30 | 1,530.18 | 66.23 | 114.55 | |
| 2016-06-30 | 1,497.61 | 63.61 | 110.81 | |
| 2016-03-31 | 1,466.41 | 61.13 | 110.27 | |
| 2015-12-31 | 1,436.85 | 58.02 | 111.69 | |
| 2015-09-30 | 1,412.39 | 64.36 | 99.48 | |
| 2015-06-30 | 1,372.33 | 25.09 | 115.41 | |
| 2015-03-31 | 1,336.26 | 22.73 | 112.53 | |
| 2014-12-31 | 1,293.18 | 21.85 | 107.81 | |
| 2014-09-30 | 1,255.39 | 11.83 | 112.93 | |
| 2014-06-30 | 1,233.84 | 47.80 | 96.13 | |
| 2014-03-31 | 1,188.15 | 46.81 | 93.25 | |
| 2013-12-31 | 1,149.89 | 47.13 | 92.00 | |
| 2013-09-30 | 1,123.10 | 54.48 | 81.71 | |
| 2013-06-30 | 1,097.23 | 52.20 | 79.92 | |
| 2013-03-31 | 1,090.73 | 50.59 | 79.09 | |
| 2012-12-31 | 1,077.44 | 44.21 | 79.28 | |
| 2012-09-30 | 1,050.64 | 41.98 | 78.97 | |
| 2012-06-30 | 996.88 | 40.46 | 72.52 | |
| 2012-03-31 | 941.28 | 38.97 | 69.51 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Healthcare Services Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Healthcare Services Group used its assets more efficiently than the US Commercial Services industry average last year based on Return on Assets.
- Healthcare Services Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Healthcare Services Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Healthcare Services Group has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Healthcare Services Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Healthcare Services Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- Healthcare Services Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Healthcare Services Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Healthcare Services Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Healthcare Services Group Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 440.78 | 0.00 | 102.39 |
| 2018-09-30 | 419.58 | 9.96 | 89.90 |
| 2018-06-30 | 408.13 | 40.51 | 88.08 |
| 2018-03-31 | 394.34 | 26.00 | 84.86 |
| 2017-12-31 | 399.95 | 35.38 | 82.78 |
| 2017-09-30 | 390.46 | 25.00 | 81.39 |
| 2017-06-30 | 376.08 | 16.18 | 77.14 |
| 2017-03-31 | 356.48 | 0.00 | 116.49 |
| 2016-12-31 | 338.84 | 0.00 | 91.58 |
| 2016-09-30 | 331.10 | 0.00 | 104.95 |
| 2016-06-30 | 322.73 | 0.00 | 100.64 |
| 2016-03-31 | 312.96 | 0.00 | 101.48 |
| 2015-12-31 | 296.46 | 0.00 | 102.69 |
| 2015-09-30 | 297.12 | 0.00 | 103.57 |
| 2015-06-30 | 290.88 | 0.00 | 97.70 |
| 2015-03-31 | 285.07 | 0.00 | 70.15 |
| 2014-12-31 | 275.83 | 0.00 | 87.08 |
| 2014-09-30 | 268.88 | 0.00 | 64.75 |
| 2014-06-30 | 301.85 | 0.00 | 68.37 |
| 2014-03-31 | 293.79 | 0.00 | 83.34 |
| 2013-12-31 | 285.14 | 0.00 | 75.60 |
| 2013-09-30 | 288.87 | 0.00 | 62.12 |
| 2013-06-30 | 243.52 | 0.00 | 85.19 |
| 2013-03-31 | 240.21 | 0.00 | 77.29 |
| 2012-12-31 | 229.57 | 0.00 | 90.27 |
| 2012-09-30 | 224.52 | 0.00 | 74.53 |
| 2012-06-30 | 222.06 | 0.00 | 77.00 |
| 2012-03-31 | 219.63 | 0.00 | 69.61 |
- Healthcare Services Group has no debt.
- Healthcare Services Group had no debt 5 years ago.
- Healthcare Services Group has no debt, it does not need to be covered by operating cash flow.
- Healthcare Services Group has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Healthcare Services Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Healthcare Services Group has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Healthcare Services Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Healthcare Services Group
shares you are expected to receive
$51
in your first year as a dividend.
Dividend Amount
- Healthcare Services Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
- Healthcare Services Group's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| United States of America Commercial Services Industry Average Dividend Yield | Market Cap Weighted Average of 42 Stocks | 1.8% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.85 | 1.00 |
| 2020-12-31 | 0.82 | 5.00 |
| 2019-12-31 | 0.80 | 5.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-05 | 0.785 | 2.140 |
| 2018-10-19 | 0.780 | 1.831 |
| 2018-10-16 | 0.780 | 1.884 |
| 2018-07-27 | 0.775 | 1.887 |
| 2018-07-17 | 0.775 | 1.942 |
| 2018-04-27 | 0.770 | 1.935 |
| 2018-04-17 | 0.770 | 1.954 |
| 2018-01-30 | 0.765 | 1.671 |
| 2017-10-17 | 0.760 | 1.456 |
| 2017-07-28 | 0.755 | 1.445 |
| 2017-07-11 | 0.755 | 1.441 |
| 2017-04-28 | 0.750 | 1.599 |
| 2017-04-11 | 0.750 | 1.647 |
| 2017-01-31 | 0.745 | 1.784 |
| 2016-10-28 | 0.740 | 1.916 |
| 2016-10-11 | 0.740 | 1.986 |
| 2016-07-22 | 0.735 | 1.880 |
| 2016-07-12 | 0.735 | 1.897 |
| 2016-04-22 | 0.730 | 1.872 |
| 2016-04-12 | 0.730 | 1.954 |
| 2016-01-26 | 0.725 | 2.054 |
| 2015-10-23 | 0.720 | 2.003 |
| 2015-10-13 | 0.720 | 2.017 |
| 2015-07-22 | 0.715 | 2.097 |
| 2015-07-14 | 0.715 | 2.117 |
| 2015-04-23 | 0.710 | 2.249 |
| 2015-04-14 | 0.710 | 2.215 |
| 2015-01-27 | 0.705 | 2.162 |
| 2014-10-14 | 0.700 | 2.321 |
| 2014-07-08 | 0.695 | 2.517 |
| 2014-04-08 | 0.690 | 2.332 |
| 2014-01-28 | 0.685 | 2.493 |
| 2013-10-08 | 0.680 | 2.467 |
| 2013-07-16 | 0.675 | 2.694 |
| 2013-04-09 | 0.670 | 2.888 |
| 2013-01-22 | 0.665 | 2.716 |
| 2012-10-09 | 0.660 | 2.816 |
| 2012-07-10 | 0.655 | 2.978 |
| 2012-04-10 | 0.650 | 3.244 |
| 2012-01-24 | 0.645 | 3.204 |
| 2011-10-11 | 0.640 | 3.629 |
| 2011-07-12 | 0.635 | 4.153 |
| 2011-04-12 | 0.630 | 3.744 |
| 2011-01-25 | 0.625 | 3.632 |
| 2010-10-12 | 0.620 | 3.841 |
| 2010-07-13 | 0.613 | 4.154 |
| 2010-04-13 | 0.587 | 4.301 |
| 2010-02-01 | 0.560 | 3.802 |
| 2009-10-13 | 0.533 | 3.888 |
| 2009-07-15 | 0.507 | 4.197 |
| 2009-04-14 | 0.480 | 4.006 |
| 2009-03-19 | 0.453 | 4.424 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
Healthcare Services Group's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.5x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
Income/ dividend checks
We assess Healthcare Services Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Healthcare Services Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Healthcare Services Group has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $3,441,562 |
| AGE | 44 |
| TENURE AS CEO | 3.8 years |
CEO Bio
Mr. Theodore Wahl, CPA has been the Chief Executive Officer of Healthcare Services Group Inc, since May 26, 2015 and its President since April 1, 2012. Mr. Wahl served as the Chief Operating Officer at Healthcare Services Group Inc, from January 2010 to May 25, 2015. He served as Executive Vice President at Healthcare Services Group Inc. since January 2010 to March 31, 2012 and also served as its Vice President of Finance from January 2009 to January 2010. Mr. Wahl served as a Facility Manager, District Manager and Regional Manger, as well as in a corporate financial management position within Healthcare Services Group for more than four years. Mr. Wahl served as Senior Manager at Ernst & Young’s Transaction Advisory Group for more than one year and more than five years with Ernst & Young’s Mergers and Acquisitions Group. Mr. Wahl has been a Director of Healthcare Services Group Inc. since May 2011.
CEO Compensation
- Theodore's compensation has increased by more than 20% in the past year.
- Theodore's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Healthcare Services Group management team in years:
- The average tenure for the Healthcare Services Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Theodore Wahl
President
$3M
44
3.8 yrs
John Shea
Executive VP & CFO
$935K
46
6.9 yrs
David Hurlock
Executive VP & COO
$950K
43
Andrew Kush
Executive VP & Chief Administrative Officer
$922K
40
1.8 yrs
Michael McBryan
Executive VP
$1M
53
6.9 yrs
Jason Bundick
Executive VP
$496K
41
5.3 yrs
Bryan McCartney
Executive Vice President
$1M
57
6.9 yrs
Board of Directors Tenure
Average tenure and age of the Healthcare Services Group board of directors in years:
- The tenure for the Healthcare Services Group board of directors is about average.
Board of Directors
Jude Visconto
Chairman of the Board
$68K
44
Theodore Wahl
President
$3M
44
7.8 yrs
Daniel McCartney
Chairman Emeritus
$43K
66
1.8 yrs
Michael McBryan
Executive VP
$1M
53
7.8 yrs
John Briggs
Lead Independent Director
$93K
68
6.9 yrs
Diane Casey
Independent Director
$49K
64
7.8 yrs
Robert Frome
Independent Director
$48K
80
36.2 yrs
Robert Moss
Independent Director
$53K
80
27.2 yrs
Dino Ottaviano
Independent Director
$53K
70
12.2 yrs
John McFadden
Independent Director
$49K
56
7.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Healthcare Services Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Healthcare Services Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Should You Be Tempted To Sell Healthcare Services Group, Inc. (NASDAQ:HCSG) Because Of Its P/E Ratio?
To keep it practical, we'll show how Healthcare Services Group, Inc.'s (NASDAQ:HCSG) P/E ratio could help you assess the value on offer. … Healthcare Services Group has a price to earnings ratio of 33.83, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleHealthcare Services Group, Inc. (NASDAQ:HCSG): What Does The Future Look Like?
Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … Based on Healthcare Services Group, Inc.'s (NASDAQ:HCSG) earnings update on 31 December 2018,
Simply Wall St - – Full articleWhy Healthcare Services Group, Inc. (NASDAQ:HCSG) Is An Attractive Investment To Consider
Help shape the future of investing tools and you could win a $250 gift card! … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … that has been able to sustain great financial health over the past.
Simply Wall St - – Full articleWhat You Must Know About Healthcare Services Group, Inc.'s (NASDAQ:HCSG) Financial Health
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Healthcare Services Group, Inc. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis. … See our latest analysis for Healthcare Services Group
Simply Wall St - – Full articleShould You Investigate Healthcare Services Group, Inc. (NASDAQ:HCSG) At US$43.78?
(NASDAQ:HCSG), which is in the commercial services business, and is based in United States,. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Today I will analyse the most recent data on Healthcare Services Group’s outlook and valuation to see if the opportunity still exists
Simply Wall St - – Full articleWhy You Should Buy Healthcare Services Group, Inc. (NASDAQ:HCSG) In This Bear Market
I'm talking about the well-proven, robust track record Healthcare Services Group, Inc.. … Check out our latest analysis for Healthcare Services Group. … Healthcare Services Group, Inc.
Simply Wall St - – Full articleWhy Healthcare Services Group, Inc.’s (NASDAQ:HCSG) Return On Capital Employed Is Impressive
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … Analysts use this formula to calculate return on capital employed:
Simply Wall St - – Full articleHealthcare Services Group Inc (NASDAQ:HCSG): What’s In It For The Shareholders?
If you are currently a shareholder in Healthcare Services Group Inc (NASDAQ:HCSG), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. … I’ve analysed below, the health and outlook of Healthcare Services Group’s cash flow, which will help you understand the stock from a cash standpoint. … There are two methods I will use to evaluate the quality of Healthcare Services Group’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability
Simply Wall St - – Full articleShould You Be Tempted To Sell Healthcare Services Group Inc (NASDAQ:HCSG) Because Of Its P/E Ratio?
To keep it practical, we'll show how Healthcare Services Group Inc's (NASDAQ:HCSG) P/E ratio could help you assess the value on offer. … Healthcare Services Group has a P/E ratio of 45.13, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleShould You Worry About Healthcare Services Group Inc's (NASDAQ:HCSG) CEO Pay Check?
First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Theodore Wahl's Compensation Compare With Similar Sized Companies. … Our data indicates that Healthcare Services Group Inc is worth US$3.2b, and total annual CEO compensation is US$3m.
Simply Wall St - – Full articleCompany Info
Description
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments to nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of client’s facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client facility. The Dietary segment is involved in the food purchasing and meal preparation activities, as well as in the provision of professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers clinical consulting services to facilities. As of December 31, 2017, the company provided its services to 3,500 facilities. Healthcare Services Group, Inc. was founded in 1976 and is based in Bensalem, Pennsylvania.
Details
| Name: | Healthcare Services Group, Inc. |
| HCSG | |
| Exchange: | NasdaqGS |
| Founded: | 1976 |
| $2,291,427,900 | |
| 73,798,000 | |
| Website: | http://www.hcsg.com |
| Address: |
Healthcare Services Group, Inc. 3220 Tillman Drive, Suite 300, Bensalem, Pennsylvania, 19020, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | HCSG | Common Shares | Nasdaq Global Select | US | USD | 29. Nov 1983 | |
| DB | HS1 | Common Shares | Deutsche Boerse AG | DE | EUR | 29. Nov 1983 |
Number of employees
Current staff
Industry
| Diversified Support Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/18 23:37 |
| End of day share price update: | 2019/03/18 00:00 |
| Last estimates confirmation: | 2019/03/18 |
| Last earnings filing: | 2019/02/05 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
