HealthStream (NASDAQ:HSTM) Posts Earnings Results, Misses Expectations By $0.01 EPS
HealthStream (NASDAQ:HSTM) released its quarterly earnings data on Sunday. The technology company reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.01), MarketWatch Earnings reports. The firm had revenue of $61.80 million during the quarter, compared to the consensus estimate of $59.08 million. HealthStream had a net margin of 6.86% and a return on equity of 4.19%. HealthStream’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 EPS.
HSTM stock traded up $0.11 during trading hours on Tuesday, reaching $23.41. 15,088 shares of the stock were exchanged, compared to its average volume of 120,038. The firm’s 50-day moving average is $24.40 and its 200-day moving average is $21.40. The company has a market cap of $741.58 million, a price-to-earnings ratio of 44.81, a PEG ratio of 12.25 and a beta of 0.33. HealthStream has a 12 month low of $17.95 and a 12 month high of $26.63.
A number of equities analysts have issued reports on HSTM shares. Canaccord Genuity reiterated a “hold” rating and set a $20.00 target price on shares of HealthStream in a report on Tuesday, December 1st. Zacks Investment Research upgraded HealthStream from a “sell” rating to a “hold” rating in a report on Wednesday, February 3rd.
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, competency assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services.
Featured Article: The risks of owning bonds
Receive News & Ratings for HealthStream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HealthStream and related companies with MarketBeat.com's FREE daily email newsletter.