HealthStream, Inc. (NASDAQ:HSTM) Given Consensus Recommendation of “Hold” by Analysts

HealthStream, Inc. (NASDAQ:HSTM) has received an average rating of “Hold” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $26.00.

Several brokerages have weighed in on HSTM. ValuEngine raised HealthStream from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. Barrington Research reissued a “market perform” rating on shares of HealthStream in a report on Thursday, July 25th. Zacks Investment Research cut HealthStream from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, BidaskClub cut HealthStream from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th.

NASDAQ HSTM traded up $0.29 during midday trading on Monday, hitting $26.45. The company had a trading volume of 1,815 shares, compared to its average volume of 109,901. The company has a market capitalization of $854.89 million, a PE ratio of 61.57, a P/E/G ratio of 5.77 and a beta of 0.69. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average price of $26.03 and a 200-day moving average price of $26.49. HealthStream has a twelve month low of $23.06 and a twelve month high of $30.00.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Monday, July 22nd. The technology company reported $0.07 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.07. The firm had revenue of $63.78 million during the quarter, compared to analysts’ expectations of $63.12 million. HealthStream had a return on equity of 4.22% and a net margin of 5.71%. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.11 EPS. On average, equities analysts anticipate that HealthStream will post 0.38 EPS for the current year.

In other news, Director Jeffrey L. Mclaren sold 5,000 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $28.58, for a total transaction of $142,900.00. Following the completion of the transaction, the director now owns 14,193 shares of the company’s stock, valued at approximately $405,635.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 20.40% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of the company. First Light Asset Management LLC raised its stake in HealthStream by 0.4% during the 2nd quarter. First Light Asset Management LLC now owns 90,924 shares of the technology company’s stock worth $2,351,000 after buying an additional 386 shares during the period. Resources Investment Advisors LLC. increased its position in shares of HealthStream by 13.0% during the second quarter. Resources Investment Advisors LLC. now owns 3,900 shares of the technology company’s stock valued at $101,000 after acquiring an additional 450 shares during the last quarter. Royal Bank of Canada increased its position in shares of HealthStream by 6.7% during the second quarter. Royal Bank of Canada now owns 7,424 shares of the technology company’s stock valued at $192,000 after acquiring an additional 464 shares during the last quarter. Parametric Portfolio Associates LLC increased its position in shares of HealthStream by 1.4% during the second quarter. Parametric Portfolio Associates LLC now owns 54,303 shares of the technology company’s stock valued at $1,404,000 after acquiring an additional 774 shares during the last quarter. Finally, Swiss National Bank increased its position in shares of HealthStream by 1.9% during the second quarter. Swiss National Bank now owns 48,100 shares of the technology company’s stock valued at $1,244,000 after acquiring an additional 900 shares during the last quarter. 72.72% of the stock is owned by institutional investors.

About HealthStream

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.

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