HealthStream, Inc. (NASDAQ:HSTM) has earned a consensus rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $27.80.

A number of analysts have recently issued reports on the company. Zacks Investment Research cut HealthStream from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Robert W. Baird set a $31.00 target price on HealthStream and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Craig Hallum upgraded HealthStream from a “hold” rating to a “buy” rating in a research note on Tuesday, April 25th. Needham & Company LLC increased their target price on HealthStream from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, April 26th. Finally, Cantor Fitzgerald increased their target price on HealthStream from $27.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, May 1st.

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of HealthStream by 4.8% in the first quarter. Vanguard Group Inc. now owns 2,235,738 shares of the technology company’s stock worth $54,172,000 after buying an additional 102,888 shares in the last quarter. Conestoga Capital Advisors LLC increased its stake in shares of HealthStream by 6.2% in the first quarter. Conestoga Capital Advisors LLC now owns 1,448,317 shares of the technology company’s stock worth $35,093,000 after buying an additional 84,308 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of HealthStream by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,165,088 shares of the technology company’s stock worth $28,230,000 after buying an additional 17,739 shares in the last quarter. Pembroke Management LTD increased its stake in shares of HealthStream by 7.0% in the first quarter. Pembroke Management LTD now owns 1,121,028 shares of the technology company’s stock worth $27,162,000 after buying an additional 73,700 shares in the last quarter. Finally, Janus Capital Management LLC increased its stake in shares of HealthStream by 153.8% in the first quarter. Janus Capital Management LLC now owns 886,282 shares of the technology company’s stock worth $21,475,000 after buying an additional 537,116 shares in the last quarter. 77.03% of the stock is currently owned by hedge funds and other institutional investors.

Shares of HealthStream (NASDAQ:HSTM) traded down 0.23% on Tuesday, reaching $25.52. The company’s stock had a trading volume of 56,155 shares. The firm has a market cap of $813.63 million, a price-to-earnings ratio of 232.00 and a beta of 1.00. The company’s 50 day moving average is $28.73 and its 200-day moving average is $25.38. HealthStream has a 1-year low of $20.60 and a 1-year high of $31.53.

HealthStream (NASDAQ:HSTM) last released its quarterly earnings data on Monday, April 24th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.01. HealthStream had a return on equity of 1.93% and a net margin of 1.53%. The company had revenue of $59.90 million during the quarter, compared to analysts’ expectations of $59.25 million. During the same period last year, the firm posted $0.05 earnings per share. The business’s revenue was up 10.7% on a year-over-year basis. Equities research analysts expect that HealthStream will post $0.21 EPS for the current year.

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HealthStream Company Profile

HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.

Analyst Recommendations for HealthStream (NASDAQ:HSTM)

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