Analysts Expect HealthStream, Inc. (HSTM) Will Post Earnings of $0.05 Per Share

Wall Street analysts forecast that HealthStream, Inc. (NASDAQ:HSTM) will report $0.05 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for HealthStream’s earnings, with the lowest EPS estimate coming in at $0.04 and the highest estimate coming in at $0.06. HealthStream reported earnings per share of $0.04 in the same quarter last year, which indicates a positive year over year growth rate of 25%. The business is scheduled to issue its next quarterly earnings results on Tuesday, February 19th.

According to Zacks, analysts expect that HealthStream will report full year earnings of $0.39 per share for the current financial year, with EPS estimates ranging from $0.38 to $0.40. For the next fiscal year, analysts expect that the company will report earnings of $0.39 per share, with EPS estimates ranging from $0.28 to $0.46. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for HealthStream.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Monday, October 22nd. The technology company reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.03. HealthStream had a net margin of 14.23% and a return on equity of 4.00%. The company had revenue of $59.93 million for the quarter, compared to the consensus estimate of $58.22 million. During the same period in the prior year, the firm posted $0.08 EPS. The company’s quarterly revenue was up 9.5% compared to the same quarter last year.

HSTM has been the topic of a number of recent analyst reports. TheStreet raised shares of HealthStream from a “c+” rating to a “b-” rating in a research report on Thursday, August 9th. Zacks Investment Research raised shares of HealthStream from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Wednesday, October 24th. BidaskClub raised shares of HealthStream from a “hold” rating to a “buy” rating in a research report on Friday, August 24th. ValuEngine downgraded shares of HealthStream from a “buy” rating to a “hold” rating in a research report on Thursday, November 15th. Finally, Barrington Research reissued a “hold” rating on shares of HealthStream in a research report on Tuesday, October 23rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.40.

Shares of NASDAQ:HSTM traded up $0.17 during trading hours on Tuesday, reaching $24.64. The stock had a trading volume of 241,749 shares, compared to its average volume of 190,130. HealthStream has a 1 year low of $21.15 and a 1 year high of $31.86. The company has a market cap of $796.49 million, a PE ratio of 91.26, a P/E/G ratio of 3.75 and a beta of 0.84.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Rhumbline Advisers grew its position in shares of HealthStream by 3.6% in the 2nd quarter. Rhumbline Advisers now owns 61,136 shares of the technology company’s stock valued at $1,670,000 after buying an additional 2,137 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of HealthStream by 5.8% in the 3rd quarter. Wells Fargo & Company MN now owns 42,062 shares of the technology company’s stock valued at $1,304,000 after buying an additional 2,307 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of HealthStream by 24.0% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 13,437 shares of the technology company’s stock valued at $417,000 after buying an additional 2,600 shares during the last quarter. Royal Bank of Canada grew its position in shares of HealthStream by 10.6% in the 1st quarter. Royal Bank of Canada now owns 27,807 shares of the technology company’s stock valued at $691,000 after buying an additional 2,663 shares during the last quarter. Finally, Stone Ridge Asset Management LLC grew its position in shares of HealthStream by 18.4% in the 3rd quarter. Stone Ridge Asset Management LLC now owns 17,979 shares of the technology company’s stock valued at $558,000 after buying an additional 2,794 shares during the last quarter. 73.56% of the stock is currently owned by hedge funds and other institutional investors.

About HealthStream

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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