Analysts Issue Forecasts for HealthStream FY2025 Earnings

HealthStream, Inc. (NASDAQ:HSTM) – Stock analysts at Barrington Research lifted their FY2025 earnings per share estimates for shares of HealthStream in a research report issued to clients and investors on Tuesday, August 12th. Barrington Research analyst V. Colicchio now forecasts that the technology company will post earnings per share of $0.67 for the year, up from their previous estimate of $0.65. The consensus estimate for HealthStream’s current full-year earnings is $0.63 per share.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Monday, August 4th. The technology company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $74.40 million during the quarter, compared to analysts’ expectations of $74.39 million. HealthStream had a return on equity of 5.70% and a net margin of 6.89%.

Separately, Canaccord Genuity Group decreased their target price on HealthStream from $29.00 to $28.00 and set a “hold” rating for the company in a research note on Thursday, August 7th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

HealthStream Stock Down 2.3%

HSTM stock opened at $25.94 on Thursday. The business has a 50 day moving average price of $26.99 and a 200 day moving average price of $29.89. The stock has a market cap of $768.86 million, a price-to-earnings ratio of 38.72, a PEG ratio of 3.33 and a beta of 0.43. HealthStream has a fifty-two week low of $25.36 and a fifty-two week high of $34.24.

HealthStream Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Monday, August 18th will be given a dividend of $0.031 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a $0.12 annualized dividend and a yield of 0.5%. HealthStream’s payout ratio is 17.91%.

HealthStream declared that its board has approved a stock repurchase program on Thursday, May 8th that permits the company to buyback $25.00 million in outstanding shares. This buyback authorization permits the technology company to buy up to 3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Legal & General Group Plc increased its position in HealthStream by 0.6% during the second quarter. Legal & General Group Plc now owns 68,883 shares of the technology company’s stock worth $1,906,000 after buying an additional 424 shares during the period. Diversified Trust Co increased its position in HealthStream by 5.0% during the first quarter. Diversified Trust Co now owns 9,174 shares of the technology company’s stock worth $295,000 after buying an additional 441 shares during the period. Bridge City Capital LLC increased its position in HealthStream by 0.8% during the second quarter. Bridge City Capital LLC now owns 58,977 shares of the technology company’s stock worth $1,632,000 after buying an additional 441 shares during the period. Sterling Capital Management LLC increased its position in HealthStream by 3.0% during the fourth quarter. Sterling Capital Management LLC now owns 15,814 shares of the technology company’s stock worth $503,000 after buying an additional 459 shares during the period. Finally, GAMMA Investing LLC increased its position in HealthStream by 30.8% during the first quarter. GAMMA Investing LLC now owns 2,082 shares of the technology company’s stock worth $67,000 after buying an additional 490 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.

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.