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Healthcare Services Group Inc has the ticker symbol HCSG and is a member of the Industrials sector as a housekeeper and manager of health food services. This is my first report on Healthcare Services Group Inc for this Vista portfolio. I have reported on them for previous portfolios.

Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, contributing about equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. 

Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, and bed linen, and uniform services. 

Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are primarily nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.

As of December 31, 2020, the company provided its services to approximately 3,000 facilities. 

Healthcare Services Group Inc was incorporated in 1976 and is based in Bensalem, Pennsylvania.

Three key data points gauge dividend equities or funds like Healthcare Services Group Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

HCSG Price

Healthcare Services Group's price per share closed at $28.49 yesterday. One year ago its price was $23.00. Price per share has increased about 24% from the midst of last year's COVID market slump. 

Should Healthcare Services' stock trade in the range of $20.00 to $34.00 this year, its recent $28.49 price might rise by $2.51 to reach $31.00 by April 14, 2022. My estimate is however $ 0.21 higher than the median of nine estimates from analysts tracking the stock.

HCSG Dividends

HCSG's most recently declared quarterly dividend, paid March 26th, is $0.205, which equates to $0.82 annually and yields 2.90% at yesterday's $28.49 closing price. HCSG has paid quarterly dividends increasing annually for 19 years.

HCSG Returns

Adding the $0.82 annual HCSG anticipated dividend to my $2.51 price upside estimate shows a $3.33  potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little under $1,000.00 today in Healthcare Services Group Inc at $28.49 per share and we'd buy 35 shares of HCSG stock.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.29 per share.

Subtract that maybe $0.29 brokerage cost from my estimated $3.33 gross gain per share results in a net gain of $3.04 X 35 shares = $106.40 for a 10.65% net gain on a $997.15 investment.

Healthcare Services Group Inc shows a possible 10.65% net gain including a 2.9% dividend yield. 

Over the next year at this time, a $1000 investment in HCSG could generate $29.00 in cash dividends. And a single share bought at yesterday's closing price was about $28.50! So, if HCSG is your kind of industrials housekeeping and custodial investment, their single share price is about just under the annual dividend income from $1,000 invested. This suggests the now might be a good time to add Healthcare Services to your holdings.

All of the estimates above are speculation based on the past history of Healthcare Services Group Inc. Only time and money invested in this stock will determine its worth.