Equities research analysts expect HealthStream, Inc. (NASDAQ:HSTM) to post $0.07 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for HealthStream’s earnings, with the highest EPS estimate coming in at $0.08 and the lowest estimate coming in at $0.06. HealthStream posted earnings of $0.08 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 12.5%. The business is scheduled to report its next earnings report on Monday, July 23rd.
On average, analysts expect that HealthStream will report full-year earnings of $0.33 per share for the current fiscal year, with EPS estimates ranging from $0.32 to $0.34. For the next year, analysts expect that the company will post earnings of $0.40 per share, with EPS estimates ranging from $0.37 to $0.44. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover HealthStream.
HealthStream (NASDAQ:HSTM) last issued its quarterly earnings results on Monday, April 30th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.05. The business had revenue of $54.90 million for the quarter, compared to the consensus estimate of $55.85 million. HealthStream had a return on equity of 3.48% and a net margin of 13.42%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.04 earnings per share.
HSTM has been the topic of a number of analyst reports. ValuEngine raised HealthStream from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. BidaskClub downgraded HealthStream from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. Barrington Research reaffirmed a “buy” rating and issued a $32.00 target price on shares of HealthStream in a report on Thursday, April 26th. Zacks Investment Research raised HealthStream from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Wednesday, April 25th. Finally, Robert W. Baird downgraded HealthStream from an “outperform” rating to a “neutral” rating and set a $28.00 target price on the stock. in a report on Thursday, June 14th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $25.57.
In other HealthStream news, insider Michael Sousa sold 16,005 shares of the firm’s stock in a transaction on Thursday, May 3rd. The stock was sold at an average price of $25.09, for a total value of $401,565.45. Following the sale, the insider now owns 13,830 shares of the company’s stock, valued at approximately $346,994.70. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jeffrey L. Mclaren sold 15,000 shares of the firm’s stock in a transaction on Friday, May 4th. The shares were sold at an average price of $25.94, for a total value of $389,100.00. Following the sale, the director now directly owns 31,319 shares in the company, valued at approximately $812,414.86. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,171 shares of company stock worth $1,279,902. Company insiders own 20.60% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stevens Capital Management LP acquired a new stake in shares of HealthStream during the 1st quarter valued at $203,000. Victory Capital Management Inc. acquired a new stake in shares of HealthStream during the 1st quarter valued at $210,000. Teacher Retirement System of Texas acquired a new stake in shares of HealthStream during the 4th quarter valued at $215,000. Barclays PLC boosted its holdings in shares of HealthStream by 45.6% during the 1st quarter. Barclays PLC now owns 9,444 shares of the technology company’s stock valued at $235,000 after acquiring an additional 2,958 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of HealthStream during the 1st quarter valued at $241,000. 71.14% of the stock is currently owned by institutional investors.
Shares of NASDAQ:HSTM opened at $27.31 on Friday. The company has a market cap of $882.18 million, a P/E ratio of 88.10, a P/E/G ratio of 4.81 and a beta of 0.74. HealthStream has a 1 year low of $21.15 and a 1 year high of $29.16.
HealthStream Company Profile
HealthStream, Inc provides workforce and provider solutions to the healthcare organizations in the United States. It operates in HealthStream Workforce Solutions and HealthStream Provider Solutions segments. The company offers workforce development solutions comprising software-as-a-service (SaaS) and subscription-based products to meet talent management, training, certification, competency assessment, performance appraisal, and development needs, as well as training, implementation, and account management services.
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