HealthStream (NASDAQ:HSTM) Issues Quarterly Earnings Results

HealthStream (NASDAQ:HSTM) posted its quarterly earnings results on Monday. The technology company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.06 by $0.05, reports. The company had revenue of $62.50 million during the quarter, compared to analysts’ expectations of $62.91 million. HealthStream had a return on equity of 4.22% and a net margin of 5.71%. During the same quarter in the previous year, the business earned $0.09 EPS. The firm’s revenue was up 4.3% on a year-over-year basis. HealthStream updated its FY 2019 guidance to EPS.

Shares of NASDAQ:HSTM opened at $26.33 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.18 and a current ratio of 2.18. HealthStream has a 1 year low of $23.06 and a 1 year high of $30.00. The stock has a market capitalization of $846.89 million, a P/E ratio of 61.23, a PEG ratio of 5.70 and a beta of 0.69. The stock has a 50-day simple moving average of $26.06 and a 200-day simple moving average of $26.46.

A number of analysts have recently issued reports on HSTM shares. ValuEngine upgraded HealthStream from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. Barrington Research reiterated 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. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $28.00.

In other news, Director Jeffrey L. Mclaren sold 5,000 shares of the business’s stock in a transaction dated 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 sale, the director now owns 14,193 shares in the company, valued at approximately $405,635.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.40% of the stock is currently owned by insiders.

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.

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Earnings History for HealthStream (NASDAQ:HSTM)

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