HealthStream (NASDAQ:HSTM) Issues Earnings Results, Misses Expectations By $0.02 EPS

HealthStream (NASDAQ:HSTM - Get Free Report) issued its quarterly earnings data on Monday. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.02), Zacks reports. The company had revenue of $73.49 million for the quarter, compared to analysts' expectations of $74.93 million. HealthStream had a net margin of 6.84% and a return on equity of 5.67%. During the same quarter last year, the company earned $0.17 earnings per share. HealthStream updated its FY 2025 guidance to EPS.

HealthStream Stock Performance

HealthStream stock traded up $0.61 during trading hours on Friday, hitting $27.84. The company had a trading volume of 289,101 shares, compared to its average volume of 136,363. The firm has a market cap of $849.82 million, a P/E ratio of 42.83, a P/E/G ratio of 4.37 and a beta of 0.50. The company has a 50-day moving average price of $31.76 and a two-hundred day moving average price of $31.99. HealthStream has a 1 year low of $25.84 and a 1 year high of $34.24.

HealthStream Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be issued a $0.031 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend is Monday, May 19th. HealthStream's payout ratio is presently 18.18%.

HealthStream announced that its Board of Directors has authorized a share repurchase plan on Thursday, May 8th that authorizes the company to buyback $25.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. William Blair restated an "outperform" rating on shares of HealthStream in a research report on Tuesday, February 25th. JMP Securities reaffirmed a "market perform" rating on shares of HealthStream in a research note on Thursday, February 6th. Finally, Canaccord Genuity Group increased their price objective on shares of HealthStream from $29.00 to $30.00 and gave the stock a "hold" rating in a research report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $32.00.

HealthStream Company Profile

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.