HealthStream (HSTM) Set to Announce Earnings on Monday

HealthStream (NASDAQ:HSTMGet Rating) will issue its quarterly earnings data after the market closes on Monday, April 25th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. HealthStream has set its FY 2022 guidance at EPS.

HealthStream (NASDAQ:HSTMGet Rating) last released its quarterly earnings results on Monday, February 21st. The technology company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.04. The company had revenue of $64.34 million during the quarter, compared to analysts’ expectations of $64.30 million. HealthStream had a return on equity of 2.28% and a net margin of 2.28%. During the same period last year, the business posted $0.03 earnings per share. On average, analysts expect HealthStream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NASDAQ HSTM opened at $19.74 on Wednesday. HealthStream has a fifty-two week low of $18.51 and a fifty-two week high of $31.11. The company has a market cap of $603.20 million, a PE ratio of 103.90, a P/E/G ratio of 9.18 and a beta of 0.47. The business has a 50-day simple moving average of $20.74 and a two-hundred day simple moving average of $24.10.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in HealthStream by 30.4% during the 4th quarter. Bank of America Corp DE now owns 40,367 shares of the technology company’s stock worth $1,064,000 after buying an additional 9,420 shares during the last quarter. Sei Investments Co. grew its stake in HealthStream by 67.6% during the 4th quarter. Sei Investments Co. now owns 38,821 shares of the technology company’s stock worth $1,001,000 after buying an additional 15,657 shares during the last quarter. California State Teachers Retirement System grew its stake in HealthStream by 2.3% during the 4th quarter. California State Teachers Retirement System now owns 35,091 shares of the technology company’s stock worth $925,000 after buying an additional 784 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in HealthStream by 128.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 26,294 shares of the technology company’s stock worth $751,000 after buying an additional 14,763 shares during the last quarter. Finally, Millennium Management LLC grew its stake in HealthStream by 23.9% during the 4th quarter. Millennium Management LLC now owns 26,269 shares of the technology company’s stock worth $692,000 after buying an additional 5,072 shares during the last quarter. Institutional investors and hedge funds own 73.25% of the company’s stock.

A number of research analysts have issued reports on HSTM shares. Zacks Investment Research downgraded HealthStream from a “hold” rating to a “sell” rating in a report on Wednesday, February 23rd. StockNews.com started coverage on HealthStream in a research report on Thursday, March 31st. They set a “buy” rating for the company. Finally, Canaccord Genuity Group lowered their price objective on HealthStream from $29.00 to $22.00 in a research note on Wednesday, February 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $27.75.

HealthStream Company Profile (Get Rating)

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.

Further Reading

Earnings History for HealthStream (NASDAQ:HSTM)

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