$0.05 Earnings Per Share Expected for HealthStream, Inc. (NASDAQ:HSTM) This Quarter

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Wall Street brokerages expect that HealthStream, Inc. (NASDAQ:HSTM) will report earnings per share (EPS) of $0.05 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for HealthStream’s earnings, with the lowest EPS estimate coming in at $0.04 and the highest estimate coming in at $0.06. HealthStream posted earnings per share of $0.09 during the same quarter last year, which would indicate a negative year-over-year growth rate of 44.4%. The business is expected to announce its next earnings report on Tuesday, February 18th.

According to Zacks, analysts expect that HealthStream will report full-year earnings of $0.42 per share for the current fiscal year, with EPS estimates ranging from $0.39 to $0.44. For the next year, analysts forecast that the firm will report earnings of $0.37 per share, with EPS estimates ranging from $0.34 to $0.40. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow HealthStream.

HealthStream (NASDAQ:HSTM) last issued its earnings results on Tuesday, October 22nd. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.05. HealthStream had a net margin of 5.92% and a return on equity of 4.14%. The company had revenue of $62.50 million for the quarter, compared to analysts’ expectations of $62.91 million. During the same quarter last year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was up 4.3% on a year-over-year basis.

A number of research firms have recently issued reports on HSTM. Zacks Investment Research upgraded HealthStream from a “hold” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a research note on Thursday, October 24th. BidaskClub raised HealthStream from a “sell” rating to a “hold” rating in a report on Thursday, November 21st. Finally, ValuEngine cut HealthStream from a “buy” rating to a “hold” rating in a research report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $29.00.

In other news, Director Tate Deborah Taylor sold 6,495 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $27.96, for a total value of $181,600.20. Following the transaction, the director now owns 16,181 shares in the company, valued at approximately $452,420.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 20.40% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the company. OLD National Bancorp IN lifted its position in HealthStream by 20.5% during the second quarter. OLD National Bancorp IN now owns 12,038 shares of the technology company’s stock valued at $311,000 after purchasing an additional 2,045 shares in the last quarter. Trustcore Financial Services LLC purchased a new position in shares of HealthStream during the 2nd quarter valued at about $78,000. Aperio Group LLC purchased a new position in shares of HealthStream during the 2nd quarter valued at about $141,000. Wrapmanager Inc. grew its stake in shares of HealthStream by 29.4% during the 2nd quarter. Wrapmanager Inc. now owns 19,770 shares of the technology company’s stock valued at $511,000 after acquiring an additional 4,488 shares during the period. Finally, Stephens Inc. AR increased its holdings in HealthStream by 22.0% in the 2nd quarter. Stephens Inc. AR now owns 13,544 shares of the technology company’s stock worth $350,000 after acquiring an additional 2,441 shares in the last quarter. Hedge funds and other institutional investors own 72.34% of the company’s stock.

Shares of NASDAQ HSTM traded up $0.05 during midday trading on Friday, hitting $28.72. 184,596 shares of the stock traded hands, compared to its average volume of 128,016. The firm has a 50-day moving average of $27.60 and a two-hundred day moving average of $26.62. The firm has a market capitalization of $943.18 million, a P/E ratio of 66.79, a PEG ratio of 5.78 and a beta of 0.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.24 and a current ratio of 2.24. HealthStream has a one year low of $23.06 and a one year high of $30.00.

About HealthStream

HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services for the healthcare community.

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Earnings History and Estimates for HealthStream (NASDAQ:HSTM)

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