HealthStream, Inc. (NASDAQ:HSTM) – Stock analysts at Barrington Research reduced their Q2 2018 earnings per share estimates for HealthStream in a research report issued on Thursday. Barrington Research analyst V. Colicchio now anticipates that the technology company will post earnings per share of $0.06 for the quarter, down from their previous estimate of $0.07. Barrington Research also issued estimates for HealthStream’s Q3 2018 earnings at $0.08 EPS, FY2018 earnings at $0.29 EPS and FY2019 earnings at $0.35 EPS.
Several other analysts have also issued reports on HSTM. ValuEngine raised HealthStream from a “sell” rating to a “hold” rating in a report on Thursday. BidaskClub lowered HealthStream from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. William Blair reissued an “outperform” rating on shares of HealthStream in a report on Tuesday, February 13th. Zacks Investment Research upgraded HealthStream from a “sell” rating to a “hold” rating in a research report on Wednesday, February 7th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $24.00 price objective on shares of HealthStream in a research report on Monday, February 12th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $24.83.
HealthStream (NASDAQ:HSTM) traded down $0.74 on Friday, hitting $24.65. The stock had a trading volume of 329,700 shares, compared to its average volume of 122,762. The firm has a market cap of $809.85, a price-to-earnings ratio of 79.52, a P/E/G ratio of 5.18 and a beta of 0.90. HealthStream has a 12 month low of $21.15 and a 12 month high of $31.53.
Several hedge funds have recently made changes to their positions in HSTM. Wells Fargo & Company MN lifted its position in shares of HealthStream by 1.0% during the 2nd quarter. Wells Fargo & Company MN now owns 21,781 shares of the technology company’s stock worth $573,000 after buying an additional 206 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in HealthStream by 1.0% in the second quarter. TIAA CREF Investment Management LLC now owns 79,922 shares of the technology company’s stock valued at $2,104,000 after purchasing an additional 769 shares during the last quarter. Nationwide Fund Advisors raised its position in HealthStream by 4.7% in the second quarter. Nationwide Fund Advisors now owns 16,258 shares of the technology company’s stock valued at $428,000 after purchasing an additional 731 shares during the last quarter. New York State Common Retirement Fund raised its position in HealthStream by 10.4% in the second quarter. New York State Common Retirement Fund now owns 28,700 shares of the technology company’s stock valued at $755,000 after purchasing an additional 2,699 shares during the last quarter. Finally, UBS Asset Management Americas Inc. bought a new position in HealthStream in the second quarter valued at about $205,000. Institutional investors and hedge funds own 69.47% of the company’s stock.
The firm also recently disclosed a special dividend, which will be paid on Tuesday, April 3rd. Investors of record on Tuesday, March 6th will be given a dividend of $1.00 per share. The ex-dividend date is Monday, March 5th.
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HealthStream Company Profile
HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.
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