HealthStream - HSTM Stock Forecast, Price & News

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 range of its clinical development, talent management, training, education, certification, scheduling, competency assessment, performance appraisal, and other needs, as well as implementation and account management services. It also provides applications for learning, performance appraisal, competency management, disclosure management, clinical assessment and development, simulation-based education, quality management, and industry training. In addition, the company offers VerityStream that delivers enterprise-class solutions to transform the healthcare provider experience for ambulatory surgery centers, urgent care facilities, clinics, medical groups, and other healthcare organizations; EchoCredentialing and MSOW platforms that manage medical staff credentialing, enrollment, and privileging processes for hospitals; and EchoOneApp, a provider enrollment platform for medical groups. Further, it provides CredentialMyDoc, a credentialing and enrollment SaaS solution for medical groups and surgery centers; CredentialStream, a SaaS-based provider credentialing, privileging, and enrollment solution; and NurseGrid Mobile for nurse managers. The company offers its solutions in healthcare industry companies that include private, not-for-profit, and government entities, as well as pharmaceutical and medical device companies through direct sales teams. HealthStream, Inc. was incorporated in 1990 and is headquartered in Nashville, Tennessee.

HealthStream Price Performance

HSTM traded up $0.18 during trading hours on Friday, reaching $23.69. 57,722 shares of the stock traded hands, compared to its average volume of 104,635. HealthStream has a fifty-two week low of $18.51 and a fifty-two week high of $30.80. The company has a market cap of $724.20 million, a price-to-earnings ratio of 102.22, a PEG ratio of 7.94 and a beta of 0.43. The firm's fifty day simple moving average is $22.33 and its two-hundred day simple moving average is $21.20.

HealthStream (NASDAQ:HSTM - Get Rating) last announced its earnings results on Monday, July 25th. The technology company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.05. HealthStream had a return on equity of 2.70% and a net margin of 2.73%. The company had revenue of $65.60 million during the quarter, compared to the consensus estimate of $66.27 million. During the same period last year, the firm earned $0.08 earnings per share. The company's revenue was up 1.2% on a year-over-year basis. On average, research analysts predict that HealthStream will post 0.3 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Canaccord Genuity Group boosted their price objective on HealthStream from $22.00 to $24.00 in a research note on Wednesday, July 27th. StockNews.com lowered HealthStream from a "strong-buy" rating to a "buy" rating in a research report on Wednesday.

Insider Buying and Selling at HealthStream

In other HealthStream news, Director Jeffrey L. Mclaren sold 5,000 shares of the company's stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $24.17, for a total value of $120,850.00. Following the transaction, the director now directly owns 13,065 shares of the company's stock, valued at approximately $315,781.05. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 21.20% of the stock is owned by insiders.