HealthStream, Inc. (NASDAQ:HSTM) – Equities research analysts at William Blair decreased their Q1 2019 EPS estimates for HealthStream in a research report issued on Tuesday, February 19th. William Blair analyst R. Daniels now expects that the technology company will earn $0.07 per share for the quarter, down from their prior estimate of $0.10. William Blair also issued estimates for HealthStream’s Q2 2019 earnings at $0.07 EPS, Q3 2019 earnings at $0.08 EPS and Q4 2019 earnings at $0.07 EPS.
HealthStream (NASDAQ:HSTM) last announced its earnings results on Tuesday, February 19th. The technology company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.04. The company had revenue of $59.83 million during the quarter, compared to the consensus estimate of $58.96 million. HealthStream had a return on equity of 4.41% and a net margin of 13.91%. The company’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the firm earned $0.10 earnings per share.
A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of HealthStream from a “buy” rating to a “hold” rating in a report on Friday, October 26th. Cantor Fitzgerald reissued a “hold” rating and issued a $26.00 target price on shares of HealthStream in a report on Tuesday. Barrington Research reissued a “hold” rating on shares of HealthStream in a report on Thursday, December 6th. ValuEngine cut shares of HealthStream from a “buy” rating to a “hold” rating in a report on Thursday, November 15th. Finally, BidaskClub cut shares of HealthStream from a “hold” rating to a “sell” rating in a report on Tuesday, November 20th. Seven analysts have rated the stock with a hold rating, The stock has a consensus rating of “Hold” and a consensus target price of $26.80.
NASDAQ:HSTM opened at $27.93 on Thursday. The stock has a market capitalization of $871.82 million, a P/E ratio of 64.95, a PEG ratio of 4.04 and a beta of 0.69. HealthStream has a one year low of $23.06 and a one year high of $31.86.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new stake in shares of HealthStream during the fourth quarter valued at approximately $43,000. We Are One Seven LLC bought a new stake in shares of HealthStream during the fourth quarter valued at approximately $82,000. PNC Financial Services Group Inc. raised its holdings in shares of HealthStream by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,713 shares of the technology company’s stock valued at $139,000 after buying an additional 449 shares during the last quarter. BB&T Corp bought a new stake in shares of HealthStream during the third quarter valued at approximately $205,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in shares of HealthStream during the fourth quarter valued at approximately $176,000. 69.57% of the stock is currently owned by institutional investors.
HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through 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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