HealthStream, Inc. (NASDAQ:HSTM - Free Report) - Analysts at William Blair increased their FY2024 earnings estimates for HealthStream in a research note issued on Monday, April 22nd. William Blair analyst R. Daniels now anticipates that the technology company will post earnings per share of $0.53 for the year, up from their prior forecast of $0.49. William Blair has a "Outperform" rating on the stock. The consensus estimate for HealthStream's current full-year earnings is $0.51 per share. William Blair also issued estimates for HealthStream's FY2025 earnings at $0.57 EPS.
Other equities research analysts have also issued reports about the stock. StockNews.com raised shares of HealthStream from a "buy" rating to a "strong-buy" rating in a research note on Thursday, April 11th. Barclays started coverage on shares of HealthStream in a report on Wednesday, January 3rd. They issued an "overweight" rating and a $32.00 target price for the company. One research analyst has rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $32.00.
View Our Latest Stock Analysis on HealthStream
HealthStream Stock Performance
Shares of HealthStream stock traded down $0.49 during midday trading on Wednesday, hitting $25.92. 207,620 shares of the company traded hands, compared to its average volume of 105,466. HealthStream has a 12 month low of $20.47 and a 12 month high of $29.12. The firm's fifty day moving average price is $26.16 and its 200-day moving average price is $25.88. The stock has a market cap of $787.97 million, a price-to-earnings ratio of 44.60, a PEG ratio of 3.94 and a beta of 0.36.
HealthStream (NASDAQ:HSTM - Get Free Report) last issued its quarterly earnings data on Monday, April 22nd. The technology company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.07. HealthStream had a net margin of 6.30% and a return on equity of 5.22%. The business had revenue of $72.80 million during the quarter, compared to analysts' expectations of $71.88 million. During the same quarter in the previous year, the company earned $0.12 EPS. The business's revenue was up 5.7% on a year-over-year basis.
HealthStream Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Monday, May 6th will be paid a dividend of $0.028 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Friday, May 3rd. HealthStream's dividend payout ratio (DPR) is presently 18.97%.
Insiders Place Their Bets
In related news, EVP Michael Sousa sold 15,000 shares of HealthStream stock in a transaction on Monday, February 26th. The shares were sold at an average price of $27.25, for a total value of $408,750.00. Following the transaction, the executive vice president now directly owns 42,525 shares of the company's stock, valued at $1,158,806.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP Michael Sousa sold 15,000 shares of HealthStream stock in a transaction on Monday, February 26th. The shares were sold at an average price of $27.25, for a total value of $408,750.00. Following the transaction, the executive vice president now directly owns 42,525 shares of the company's stock, valued at $1,158,806.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Trisha L. Coady sold 7,000 shares of HealthStream stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $26.34, for a total transaction of $184,380.00. Following the completion of the transaction, the senior vice president now directly owns 14,693 shares in the company, valued at $387,013.62. The disclosure for this sale can be found here. Insiders own 20.60% of the company's stock.
Institutional Trading of HealthStream
Large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its holdings in HealthStream by 79.4% in the fourth quarter. Parallel Advisors LLC now owns 1,132 shares of the technology company's stock valued at $31,000 after acquiring an additional 501 shares in the last quarter. Signaturefd LLC boosted its holdings in HealthStream by 568.2% in the third quarter. Signaturefd LLC now owns 1,156 shares of the technology company's stock valued at $25,000 after acquiring an additional 983 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of HealthStream during the 3rd quarter valued at $30,000. Quantbot Technologies LP bought a new stake in shares of HealthStream during the 3rd quarter valued at $34,000. Finally, Diversified Trust Co bought a new stake in shares of HealthStream during the 1st quarter valued at $213,000. Institutional investors own 69.58% of the company's stock.
HealthStream Company Profile
(Get Free Report)
HealthStream, Inc provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. The company's solutions help healthcare organizations in meeting their ongoing clinical development, talent management, training, education, assessment, competency management, safety and compliance, and scheduling, as well as provider credentialing, privileging, and enrollment needs.
Featured Articles
- Five stocks we like better than HealthStream
- Where Do I Find 52-Week Highs and Lows?
- High-Yield Texas Instruments Could Hit New Highs Soon
- What Are the FAANG Stocks and Are They Good Investments?
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- Most active stocks: Dollar volume vs share volume
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
→ World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad)
Should you invest $1,000 in HealthStream right now?
Before you consider HealthStream, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HealthStream wasn't on the list.
While HealthStream currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The Next 7 Blockbuster Stocks for Growth Investors
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
