Healthcare Services (HCSG)

Company Profile

Healthcare Services Group, Inc. is the largest national provider of professional housekeeping, laundry and dietary services to long-term care and related health care facilities. Headquartered in Bensalem, PA with strategically-located regional and district operations around the country, Healthcare Services Group provides housekeeping/laundry and dining/nutrition services to a diverse mix of satisfied clients within the healthcare market.

Company profile

Ticker

HCSG

Exchange

NASDAQ

Website

www.hcsgcorp.com

CEO

Theodore Wahl

Incorporated

Pennsylvania

Location

Pennsylvania

Fiscal year end

Dec 31

Sector

Administrative and Support and Waste Management and Remediation Services > Janitorial Services

Industry (SIC)

Services - Nursing & Personal Care Facilities

Brookdale Senior Living • Sonida Senior Living • CareMax • ATI Physical Therapy • Clearday • China Senior Living Industry International Holding ...

SEC CIK

0000731012

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

HCSG Staff Leasing Solutions, LLC • HCSG Insurance Corp. • HCSG Labor Supply, LLC • HCSG East, LLC • HCSG Central, LLC • HCSG West, LLC • HCSG East Labor Supply, LLC • HCSG Clinical Services, LLC • ELuminate, LLC • Meriwether-Godsey, Inc. ...

IRS number

232018365

HCSG stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$15.50

Low target

$14.00

High target

$17.00

Latest filings (excl ownership)

View all

8-K

Submission of Matters to a Vote of Security Holders

28 Apr 23

28 Apr 23

Annual report to shareholders

28 Apr 23

8-K

Reports Q1 2023 Results

17 Feb 23

Healthcare Services Group, Inc. (HCSG) Q4 2022 Earnings Call Transcript

16 Feb 23

8-K

Reports Q4 2022 Results

15 Feb 23

8-K

Entry into a Material Definitive Agreement

28 Nov 22

Transcripts

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HCSG

Earnings call transcript

2022 Q4

15 Feb 23

HCSG

Earnings call transcript

2022 Q3

19 Oct 22

HCSG

Earnings call transcript

2022 Q2

20 Jul 22

HCSG

Earnings call transcript

2021 Q2

21 Jul 21

HCSG

Earnings call transcript

2021 Q1

21 Apr 21

HCSG

Earnings call transcript

2020 Q4

10 Feb 21

HCSG

Earnings call transcript

2020 Q3

21 Oct 20

HCSG

Earnings call transcript

2020 Q2

22 Jul 20

HCSG

Earnings call transcript

2020 Q1

22 Apr 20

HCSG

Earnings call transcript

2019 Q4

12 Feb 20

Latest ownership filings

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Financial summary

Financial statements Chart HCSG financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	16.15 mm	16.15 mm	16.15 mm	16.15 mm	16.15 mm	16.15 mm
Cash burn (monthly)	3.38 mm	1.40 mm	(no burn)	(no burn)	5.43 mm	(no burn)
Cash used (since last report)	7.83 mm	3.24 mm	n/a	n/a	12.60 mm	n/a
Cash remaining	8.32 mm	12.91 mm	n/a	n/a	3.55 mm	n/a
Runway (months of cash)	2.5	9.3	n/a	n/a	0.7	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

HCSG institutional ownership history Ownership history

97.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	209	200	+4.5%
Opened positions	37	33	+12.1%
Closed positions	28	41	-31.7%
Increased positions	76	58	+31.0%
Reduced positions	68	86	-20.9%

13F shares	Current	Prev Q	Change
Total value	998.79 bn	804.86 bn	+24.1%
Total shares	72.41 mm	71.44 mm	+1.4%
Total puts	5.20 k	15.60 k	-66.7%
Total calls	27.90 k	40.80 k	-31.6%
Total put/call ratio	0.2	0.4	-51.3%

Largest owners	Shares	Value	Change
BLK Blackrock	12.06 mm	$167.27 bn	-0.8%
Vanguard	8.84 mm	$122.60 bn	+5.5%
MKFCF Mackenzie Financial	4.14 mm	$57.44 bn	-0.8%
STT State Street	2.80 mm	$38.86 bn	-36.2%
Deprince Race & Zollo	2.74 mm	$37.95 bn	-9.2%
Riverbridge Partners	2.07 mm	$28.70 bn	-2.4%
Marathon Asset Mgmt	1.95 mm	$27.02 bn	+7.8%
Royce & Associates	1.83 mm	$25.39 bn	+31.7%
Marshall Wace	1.77 mm	$24.61 bn	+225.2%
Citadel Advisors	1.51 mm	$20.95 bn	+79.3%

Largest transactions	Shares	Bought/sold	Change
IVZ Invesco	563.34 k	-3.32 mm	-85.5%
STT State Street	2.80 mm	-1.59 mm	-36.2%
Crawford Investment Counsel	246.40 k	-1.38 mm	-84.9%
American Century Companies	1.32 mm	+1.29 mm	+4959.0%
Marshall Wace	1.77 mm	+1.23 mm	+225.2%
Mirae Asset Global Investments	979.75 k	+939.71 k	+2347.1%
Manufacturers Life Insurance Company, The	943.65 k	+914.78 k	+3169.1%
Victory Capital Management	39.01 k	-727.34 k	-94.9%
MKL Markel	508.00 k	-692.50 k	-57.7%
Citadel Advisors	1.51 mm	+668.13 k	+79.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HCSG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 May 23	Jude Visconto	Common Stock	Grant	Acquire A	No	No	14.11	2,835	40.00 k	6,472
30 May 23	Kurt Simmons JR	Common Stock	Grant	Acquire A	No	No	14.11	2,835	40.00 k	7,537
30 May 23	Dino D Ottaviano	Common Stock	Grant	Acquire A	No	No	14.11	2,835	40.00 k	6,906
30 May 23	John J McFadden JR	Common Stock	Grant	Acquire A	No	No	14.11	2,835	40.00 k	6,472
30 May 23	Laura K Grant	Common Stock	Grant	Acquire A	No	No	14.11	2,835	40.00 k	6,472