Equities research analysts forecast that HealthStream, Inc. (NASDAQ:HSTM) will post $0.07 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for HealthStream’s earnings. The lowest EPS estimate is $0.06 and the highest is $0.07. HealthStream posted earnings of $0.11 per share in the same quarter last year, which indicates a negative year over year growth rate of 36.4%. The firm is scheduled to report its next quarterly earnings report after the market closes on Monday, April 22nd.
On average, analysts expect that HealthStream will report full-year earnings of $0.31 per share for the current financial year, with EPS estimates ranging from $0.28 to $0.33. For the next year, analysts anticipate that the company will report earnings of $0.38 per share, with EPS estimates ranging from $0.35 to $0.40. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover HealthStream.
HealthStream (NASDAQ:HSTM) last announced its earnings results on Tuesday, February 19th. The technology company reported $0.09 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.04. The business had revenue of $59.83 million during the quarter, compared to the consensus estimate of $58.96 million. HealthStream had a net margin of 13.91% and a return on equity of 4.39%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 earnings per share.
A number of equities analysts have commented on HSTM shares. Barrington Research reiterated a “hold” rating on shares of HealthStream in a report on Monday, January 14th. Zacks Investment Research upgraded shares of HealthStream from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a report on Wednesday, February 6th. Cantor Fitzgerald restated a “hold” rating and set a $26.00 price target on shares of HealthStream in a research note on Tuesday, February 19th. BidaskClub upgraded HealthStream from a “sell” rating to a “hold” rating in a research note on Wednesday, February 13th. Finally, ValuEngine upgraded HealthStream from a “hold” rating to a “buy” rating in a research note on Monday, April 1st. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. HealthStream currently has an average rating of “Hold” and an average price target of $26.80.
HealthStream stock traded up $0.16 during trading hours on Friday, reaching $27.09. The stock had a trading volume of 89,559 shares, compared to its average volume of 99,312. The company has a market capitalization of $877.39 million, a PE ratio of 63.00, a P/E/G ratio of 5.92 and a beta of 0.74. HealthStream has a 52 week low of $23.06 and a 52 week high of $31.86.
Several hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its stake in shares of HealthStream by 1.6% during the fourth quarter. BlackRock Inc. now owns 4,051,752 shares of the technology company’s stock worth $97,848,000 after acquiring an additional 63,320 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of HealthStream by 2.5% during the third quarter. Vanguard Group Inc. now owns 2,589,076 shares of the technology company’s stock worth $80,288,000 after acquiring an additional 63,817 shares during the last quarter. Vanguard Group Inc grew its stake in shares of HealthStream by 2.5% during the third quarter. Vanguard Group Inc now owns 2,589,076 shares of the technology company’s stock worth $80,288,000 after acquiring an additional 63,817 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in HealthStream by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,522,759 shares of the technology company’s stock valued at $47,220,000 after buying an additional 14,617 shares during the last quarter. Finally, Pembroke Management LTD boosted its position in HealthStream by 38.6% in the fourth quarter. Pembroke Management LTD now owns 927,428 shares of the technology company’s stock valued at $22,397,000 after buying an additional 258,100 shares during the last quarter. Institutional investors and hedge funds own 71.95% of the company’s stock.
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.
See Also: Quiet Period Expirations
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.