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.
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.
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.
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%.