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.

TRADEMARK VIOLATION WARNING: This piece was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & international copyright and trademark law. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/14/healthstream-inc-hstm-trading-up-0.html.

About HealthStream

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.