HealthStream, Inc. (NASDAQ:HSTM) has earned an average rating of “Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $31.00.
A number of equities research analysts have recently issued reports on HSTM shares. Barrington Research restated a “market perform” rating on shares of HealthStream in a research report on Wednesday, July 28th. Craig Hallum upped their price objective on HealthStream from $30.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, July 28th. Finally, Zacks Investment Research upgraded HealthStream from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective on the stock in a report on Thursday, July 29th.
In other HealthStream news, Director Tate Deborah Taylor sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 16th. The stock was sold at an average price of $30.35, for a total transaction of $30,350.00. Following the transaction, the director now owns 20,378 shares of the company’s stock, valued at $618,472.30. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 20.60% of the company’s stock.
Shares of HSTM stock opened at $28.73 on Friday. The stock has a market cap of $906.55 million, a PE ratio of 110.50, a price-to-earnings-growth ratio of 18.82 and a beta of 0.36. The business has a 50-day simple moving average of $29.42 and a 200-day simple moving average of $26.36. HealthStream has a 52-week low of $17.95 and a 52-week high of $31.11.
HealthStream (NASDAQ:HSTM) last posted its quarterly earnings data on Sunday, July 25th. The technology company reported $0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.12. HealthStream had a return on equity of 2.46% and a net margin of 3.30%. The company had revenue of $64.82 million during the quarter, compared to analyst estimates of $61.86 million. As a group, research analysts expect that HealthStream will post 0.13 EPS for the current year.
HealthStream, Inc engages in the provision of services to healthcare organizations. It operates through the following segments: Workforce Solutions and Provider Solutions. The Workforce Solutions segment offers training, certification, assessment, development, and scheduling needs of the healthcare workforce.
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