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

NASDAQ:HSTM traded up $0.22 on Monday, hitting $23.89. 1,650 shares of the company were exchanged, compared to its average volume of 106,396. The company's 50 day moving average price is $22.08 and its 200-day moving average price is $21.18. The firm has a market capitalization of $730.32 million, a P/E ratio of 103.87, a price-to-earnings-growth ratio of 8.05 and a beta of 0.43. HealthStream has a twelve month low of $18.51 and a twelve month high of $30.86.

HealthStream (NASDAQ:HSTM - Get Rating) last released 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 for the quarter, compared to analysts' expectations of $66.27 million. During the same quarter in the previous year, the business posted $0.08 EPS. The business's revenue for the quarter was up 1.2% on a year-over-year basis. As a group, equities analysts expect that HealthStream will post 0.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on HSTM. Canaccord Genuity Group boosted their price target on shares of HealthStream from $22.00 to $24.00 in a research report on Wednesday, July 27th. StockNews.com downgraded HealthStream from a "strong-buy" rating to a "buy" rating in a report on Tuesday, August 9th.

Insider Buying and Selling at HealthStream

In other HealthStream news, Director Jeffrey L. Mclaren sold 5,000 shares of HealthStream stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $24.17, for a total transaction of $120,850.00. Following the transaction, the director now owns 13,065 shares of the company's stock, valued at approximately $315,781.05. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 21.20% of the company's stock.