Analysts Anticipate HealthStream, Inc. (HSTM) to Post $0.06 EPS

Wall Street brokerages predict that HealthStream, Inc. (NASDAQ:HSTM) will report earnings of $0.06 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for HealthStream’s earnings. The highest EPS estimate is $0.07 and the lowest is $0.05. HealthStream reported earnings of $0.04 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 50%. The business is scheduled to report its next quarterly earnings report after the market closes on Monday, April 30th.

According to Zacks, analysts expect that HealthStream will report full year earnings of $0.28 per share for the current financial year, with EPS estimates ranging from $0.26 to $0.30. For the next financial year, analysts expect that the firm will post earnings of $0.36 per share, with EPS estimates ranging from $0.32 to $0.43. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow HealthStream.

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HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Tuesday, February 20th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The business had revenue of $62.76 million for the quarter, compared to analysts’ expectations of $61.98 million. HealthStream had a return on equity of 2.73% and a net margin of 4.04%.

Several brokerages have recently issued reports on HSTM. ValuEngine upgraded HealthStream from a “sell” rating to a “hold” rating in a research note on Wednesday, April 11th. BidaskClub upgraded HealthStream from a “sell” rating to a “hold” rating in a research note on Saturday, February 10th. Zacks Investment Research cut HealthStream from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. William Blair reiterated an “outperform” rating on shares of HealthStream in a research note on Tuesday, February 13th. Finally, Barrington Research reiterated a “buy” rating and issued a $32.00 price objective on shares of HealthStream in a research note on Monday, February 26th. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $25.86.

Shares of NASDAQ HSTM traded up $0.01 during mid-day trading on Friday, hitting $24.62. The company had a trading volume of 71,658 shares, compared to its average volume of 84,120. The stock has a market cap of $794.89, a P/E ratio of 91.19, a PEG ratio of 5.49 and a beta of 0.73. HealthStream has a 1-year low of $21.15 and a 1-year high of $31.53.

The firm also recently announced a special dividend, which was paid on Tuesday, April 3rd. Investors of record on Tuesday, March 6th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 5th.

In related news, Director C Martin Harris sold 10,452 shares of the stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $24.06, for a total value of $251,475.12. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Gerard M. Hayden, Jr. sold 15,000 shares of the stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $24.63, for a total value of $369,450.00. Following the completion of the transaction, the chief financial officer now directly owns 41,401 shares in the company, valued at approximately $1,019,706.63. The disclosure for this sale can be found here. Insiders sold 96,452 shares of company stock worth $2,348,975 in the last three months. 21.10% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Teacher Retirement System of Texas purchased a new position in shares of HealthStream during the fourth quarter worth about $215,000. GSA Capital Partners LLP purchased a new position in shares of HealthStream during the third quarter worth about $237,000. MetLife Investment Advisors LLC purchased a new position in shares of HealthStream during the fourth quarter worth about $278,000. Stone Ridge Asset Management LLC purchased a new position in shares of HealthStream during the fourth quarter worth about $340,000. Finally, Municipal Employees Retirement System of Michigan grew its holdings in shares of HealthStream by 64.8% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 15,770 shares of the technology company’s stock worth $366,000 after purchasing an additional 6,200 shares during the last quarter. 71.30% of the stock is currently owned by hedge funds and other institutional investors.

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HealthStream Company Profile

HealthStream, Inc provides workforce and provider solutions to the healthcare organizations in the United States. It operates in HealthStream Workforce Solutions and HealthStream Provider Solutions segments. The company offers workforce development solutions comprising software-as-a-service (SaaS) and subscription-based products to meet talent management, training, certification, competency assessment, performance appraisal, and development needs, as well as training, implementation, and account management services.

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Earnings History and Estimates for HealthStream (NASDAQ:HSTM)

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