Earnings on Deck For Healthcare Services Group, Inc. (NASDAQ:HCSG)

Earnings is just around the corner for Healthcare Services Group, Inc. (NASDAQ:HCSG) as the firm is slated to issue their report on 1/10/2017 4:30:00 PM.  The firm has most recently posted quarter over quarter growth of 14.00% and sales growth of 9.00% quarter over quarter.  

In terms of the trend lines, Healthcare Services Group, Inc. (NASDAQ:HCSG) shares are currently -6.12% off of their 52-week high and 26.99% off from the 52-week low point.  The stock is 2.44% from the 200-day moving average and 2.46% from the 50-day average.  The Relative Strength Index for the stock stands at 54.73.

Increased volatility should be expected heading into and immediately after the Healthcare Services Group, Inc. (NASDAQ:HCSG) earnings report.  According to the most recent data, the average true range stands at 0.66 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 2.01% and 1.65% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.41.  

Potential Upside

So is there any potential upside for the stock if Healthcare Services Group, Inc. is able to meet or beat earnings?  Analysts, on a consensus basis have a $43.17 on the stock, compared to a recent bid of $39.22.  The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  

Ownership

Heading into the earnings report, 3.00% shares are held by company insiders.  On the institutional front, 97.40% of Healthcare Services Group, Inc. (NASDAQ:HCSG) are owned by firms or funds.  Over the past few months, insider transactions have trended -4.88% while institutions saw a change of 0.03% in company stock. 

Performance

Year to date, Healthcare Services Group, Inc. (NASDAQ:HCSG) holders have seen returns of -1.17%.  Over the past month the stock moved -2.07% and most recently shares over the past five trading days have moved -1.17%.

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