Equities analysts predict that HealthStream, Inc. (NASDAQ:HSTM) will report earnings per share of $0.06 for the current quarter, according to Zacks. Two analysts have made estimates for HealthStream’s earnings. The highest EPS estimate is $0.08 and the lowest is $0.04. HealthStream posted earnings of $0.09 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 33.3%. The business is expected to issue its next earnings results on Tuesday, February 18th.
According to Zacks, analysts expect that HealthStream will report full-year earnings of $0.41 per share for the current financial year, with EPS estimates ranging from $0.39 to $0.44. For the next fiscal year, analysts anticipate that the company will post earnings of $0.37 per share, with EPS estimates ranging from $0.34 to $0.40. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover HealthStream.
HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Tuesday, October 22nd. The technology company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The business had revenue of $62.50 million for the quarter, compared to analysts’ expectations of $62.91 million. HealthStream had a net margin of 5.92% and a return on equity of 4.14%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm posted $0.09 earnings per share.
Several analysts recently weighed in on the stock. Barrington Research reissued a “market perform” rating on shares of HealthStream in a research note on Thursday, July 25th. ValuEngine cut shares of HealthStream from a “buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Zacks Investment Research raised shares of HealthStream from a “hold” rating to a “strong-buy” rating and set a $32.00 price objective on the stock in a research note on Thursday, October 24th. Finally, BidaskClub lowered shares of HealthStream from a “hold” rating to a “sell” rating in a report on Saturday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $29.00.
In related news, Director Jeffrey L. Mclaren sold 5,000 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $28.58, for a total value of $142,900.00. Following the transaction, the director now owns 14,193 shares in the company, valued at $405,635.94. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Tate Deborah Taylor sold 6,495 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $27.96, for a total transaction of $181,600.20. Following the completion of the transaction, the director now owns 16,181 shares in the company, valued at approximately $452,420.76. The disclosure for this sale can be found here. 20.40% of the stock is owned by insiders.
A number of hedge funds have recently added to or reduced their stakes in HSTM. WINTON GROUP Ltd acquired a new position in HealthStream in the second quarter valued at $559,000. OLD National Bancorp IN lifted its holdings in HealthStream by 20.5% in the second quarter. OLD National Bancorp IN now owns 12,038 shares of the technology company’s stock valued at $311,000 after buying an additional 2,045 shares during the period. Bessemer Group Inc. lifted its holdings in HealthStream by 2.6% in the second quarter. Bessemer Group Inc. now owns 75,100 shares of the technology company’s stock valued at $1,942,000 after buying an additional 1,900 shares during the period. Trustcore Financial Services LLC acquired a new position in HealthStream in the second quarter valued at $78,000. Finally, Aperio Group LLC acquired a new position in HealthStream in the second quarter valued at $141,000. Institutional investors and hedge funds own 71.56% of the company’s stock.
NASDAQ:HSTM traded up $0.14 during mid-day trading on Tuesday, reaching $27.38. The stock had a trading volume of 66,500 shares, compared to its average volume of 126,177. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.24 and a quick ratio of 2.24. HealthStream has a 12 month low of $23.06 and a 12 month high of $30.00. The stock has a market capitalization of $881.99 million, a PE ratio of 63.67, a P/E/G ratio of 5.50 and a beta of 0.64. The stock has a 50-day simple moving average of $26.74 and a two-hundred day simple moving average of $26.44.
HealthStream Company Profile
HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services for the healthcare community.
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