$0.07 Earnings Per Share Expected for HealthStream, Inc. (HSTM) This Quarter

Wall Street analysts expect HealthStream, Inc. (NASDAQ:HSTM) to report earnings of $0.07 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for HealthStream’s earnings, with estimates ranging from $0.06 to $0.08. HealthStream posted earnings of $0.08 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 12.5%. The company is scheduled to announce its next earnings report on Monday, July 23rd.

According to Zacks, analysts expect that HealthStream will report full year earnings of $0.33 per share for the current fiscal year, with EPS estimates ranging from $0.32 to $0.34. For the next financial year, analysts forecast that the company will post earnings of $0.40 per share, with EPS estimates ranging from $0.37 to $0.44. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover HealthStream.

HealthStream (NASDAQ:HSTM) last posted its quarterly earnings data on Monday, April 30th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. HealthStream had a return on equity of 3.48% and a net margin of 13.42%. The firm had revenue of $54.90 million for the quarter, compared to the consensus estimate of $55.85 million. During the same quarter in the prior year, the business earned $0.04 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year.

HSTM has been the subject of several recent research reports. ValuEngine cut shares of HealthStream from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded shares of HealthStream from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Wednesday, April 25th. Barrington Research reiterated a “buy” rating and set a $32.00 target price on shares of HealthStream in a research report on Thursday, April 26th. BidaskClub cut shares of HealthStream from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, Canaccord Genuity reiterated a “hold” rating and set a $26.00 target price on shares of HealthStream in a research report on Wednesday, May 2nd. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the stock. HealthStream has an average rating of “Hold” and a consensus price target of $25.57.

In related news, Director C Martin Harris sold 3,415 shares of the company’s stock in a transaction on Monday, May 7th. The shares were sold at an average price of $26.58, for a total value of $90,770.70. Following the completion of the sale, the director now owns 24,794 shares in the company, valued at approximately $659,024.52. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jeffrey L. Mclaren sold 15,000 shares of the company’s stock in a transaction on Friday, May 4th. The shares were sold at an average price of $25.94, for a total transaction of $389,100.00. Following the completion of the sale, the director now owns 31,319 shares of the company’s stock, valued at approximately $812,414.86. The disclosure for this sale can be found here. Insiders have sold a total of 49,171 shares of company stock valued at $1,279,902 in the last quarter. Corporate insiders own 21.10% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in shares of HealthStream by 0.9% in the 1st quarter. BlackRock Inc. now owns 3,395,664 shares of the technology company’s stock valued at $84,314,000 after buying an additional 31,012 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of HealthStream by 8.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,453,306 shares of the technology company’s stock valued at $36,086,000 after buying an additional 113,754 shares in the last quarter. ArrowMark Colorado Holdings LLC increased its position in shares of HealthStream by 35.8% in the 4th quarter. ArrowMark Colorado Holdings LLC now owns 532,004 shares of the technology company’s stock valued at $12,321,000 after buying an additional 140,295 shares in the last quarter. Northern Trust Corp increased its position in shares of HealthStream by 1.4% in the 1st quarter. Northern Trust Corp now owns 453,030 shares of the technology company’s stock valued at $11,249,000 after buying an additional 6,467 shares in the last quarter. Finally, Thomson Horstmann & Bryant Inc. increased its position in shares of HealthStream by 4.0% in the 1st quarter. Thomson Horstmann & Bryant Inc. now owns 313,903 shares of the technology company’s stock valued at $7,794,000 after buying an additional 12,116 shares in the last quarter. Institutional investors and hedge funds own 71.14% of the company’s stock.

HealthStream traded down $0.04, hitting $27.31, during trading hours on Friday, MarketBeat Ratings reports. 94,300 shares of the stock were exchanged, compared to its average volume of 139,800. HealthStream has a twelve month low of $21.15 and a twelve month high of $29.16. The company has a market cap of $882.18 million, a price-to-earnings ratio of 101.15, a P/E/G ratio of 4.81 and a beta of 0.76.

HealthStream Company Profile

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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Earnings History and Estimates for HealthStream (NASDAQ:HSTM)

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