HealthStream, Inc. (NASDAQ:HSTM) – Equities researchers at Cantor Fitzgerald issued their FY2018 earnings per share estimates for shares of HealthStream in a report issued on Friday. Cantor Fitzgerald analyst S. Halper expects that the technology company will earn $0.30 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $30.00 price target on the stock.
Other equities analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of HealthStream from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research note on Tuesday. Robert W. Baird reaffirmed an “outperform” rating and set a $35.00 price target on shares of HealthStream in a research note on Tuesday. Craig Hallum raised shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Tuesday, April 25th. Finally, Needham & Company LLC raised their price target on shares of HealthStream from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $28.00.
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Shares of HealthStream (HSTM) traded up 2.55% during trading on Monday, hitting $26.14. 59,313 shares of the stock traded hands. The company has a 50 day moving average of $28.92 and a 200-day moving average of $25.28. The company has a market cap of $833.40 million, a PE ratio of 237.64 and a beta of 1.12. HealthStream has a 1-year low of $20.60 and a 1-year high of $30.71.
HealthStream (NASDAQ:HSTM) last released its quarterly earnings results on Monday, April 24th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. HealthStream had a net margin of 1.53% and a return on equity of 1.93%. The company had revenue of $59.90 million for the quarter, compared to the consensus estimate of $59.25 million. During the same period in the previous year, the firm earned $0.05 EPS. HealthStream’s revenue was up 10.7% on a year-over-year basis.
Several large investors have recently added to or reduced their stakes in HSTM. Mason Street Advisors LLC increased its stake in HealthStream by 7.1% in the first quarter. Mason Street Advisors LLC now owns 5,944 shares of the technology company’s stock valued at $144,000 after buying an additional 395 shares during the last quarter. Wrapmanager Inc. bought a new stake in HealthStream during the first quarter valued at approximately $203,000. PNC Financial Services Group Inc. increased its stake in HealthStream by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 8,645 shares of the technology company’s stock valued at $210,000 after buying an additional 31 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in HealthStream by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the technology company’s stock valued at $252,000 after buying an additional 200 shares during the last quarter. Finally, OLD National Bancorp IN increased its stake in HealthStream by 3.8% in the first quarter. OLD National Bancorp IN now owns 11,966 shares of the technology company’s stock valued at $290,000 after buying an additional 437 shares during the last quarter. 77.13% of the stock is owned by institutional investors.
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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