HealthStream, Inc. (HSTM) Trading Up 0%
HealthStream, Inc. (NASDAQ:HSTM) shares were up 0% on Thursday . The stock traded as high as $24.53 and last traded at $24.50. Approximately 143,435 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 174,274 shares. The stock had previously closed at $24.50.
Several research analysts recently weighed in on HSTM shares. Robert W. Baird reaffirmed an “outperform” rating and issued a $35.00 target price on shares of HealthStream in a research report on Tuesday, June 27th. ValuEngine lowered HealthStream from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research lowered HealthStream from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $24.00 target price (down from $28.00) on shares of HealthStream in a research report on Wednesday, July 26th. Finally, First Analysis raised HealthStream from an “underweight” rating to an “equal weight” rating and set a $19.00 target price on the stock in a research report on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.17.
The company’s 50-day moving average is $23.58 and its 200-day moving average is $25.45. The company has a market cap of $765.58 million, a P/E ratio of 172.73 and a beta of 0.98.
HealthStream (NASDAQ:HSTM) last issued its quarterly earnings data on Monday, July 24th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.04. The firm had revenue of $61.48 million during the quarter, compared to analysts’ expectations of $61.36 million. HealthStream had a net margin of 1.85% and a return on equity of 2.27%. HealthStream’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.04 earnings per share. On average, equities research analysts anticipate that HealthStream, Inc. will post $0.22 EPS for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in HSTM. State of Alaska Department of Revenue lifted its position in HealthStream by 79.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,040 shares of the technology company’s stock worth $132,000 after acquiring an additional 2,230 shares during the last quarter. Mason Street Advisors LLC lifted its position in HealthStream by 7.1% during the 1st quarter. Mason Street Advisors LLC now owns 5,944 shares of the technology company’s stock worth $144,000 after acquiring an additional 395 shares during the last quarter. Bank of Montreal Can lifted its position in HealthStream by 1.1% during the 2nd quarter. Bank of Montreal Can now owns 5,720 shares of the technology company’s stock worth $151,000 after acquiring an additional 65 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its position in HealthStream by 5.1% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,000 shares of the technology company’s stock worth $158,000 after acquiring an additional 290 shares during the last quarter. Finally, UBS Asset Management Americas Inc. acquired a new position in HealthStream during the 2nd quarter worth $205,000. 75.87% of the stock is owned by hedge funds and other institutional investors.
HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.
Receive News & Stock Ratings for HealthStream Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HealthStream Inc. and related stocks with our FREE daily email newsletter.