HealthStream (NASDAQ:HSTM) posted its earnings results on Monday. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 return on equity of 4.19% and a net margin of 6.86%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.11 EPS. HealthStream updated its FY 2021
After-Hours guidance to EPS.
NASDAQ:HSTM traded down $1.29 during midday trading on Tuesday, hitting $22.01. 790 shares of the stock were exchanged, compared to its average volume of 120,038. HealthStream has a one year low of $17.95 and a one year high of $26.63. The company has a market capitalization of $697.23 million, a price-to-earnings ratio of 44.81, a P/E/G ratio of 12.25 and a beta of 0.33. The business has a 50-day moving average price of $24.40 and a two-hundred day moving average price of $21.40.
Several equities research analysts recently commented on HSTM shares. Zacks Investment Research upgraded HealthStream from a “sell” rating to a “hold” rating in a report on Wednesday, February 3rd. Canaccord Genuity reiterated a “hold” rating and issued a $20.00 price target on shares of HealthStream in a research note on Tuesday, December 1st.
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.
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