HealthStream, Inc. (NASDAQ:HSTM) issued its earnings results on Monday. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.04, Morningstar.com reports. HealthStream had a net margin of 1.53% and a return on equity of 1.93%. The company had revenue of $61.48 million for the quarter, compared to analysts’ expectations of $61.36 million. During the same quarter last year, the company posted $0.04 earnings per share. The firm’s quarterly revenue was up 12.2% on a year-over-year basis.

HealthStream (HSTM) opened at 25.99 on Tuesday. The company’s 50 day moving average is $27.29 and its 200-day moving average is $25.42. HealthStream has a 1-year low of $20.60 and a 1-year high of $31.53. The stock has a market capitalization of $828.61 million, a PE ratio of 236.27 and a beta of 1.00.

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A number of large investors have recently added to or reduced their stakes in the company. Comerica Bank boosted its stake in HealthStream by 5.8% in the fourth quarter. Comerica Bank now owns 27,013 shares of the technology company’s stock valued at $648,000 after buying an additional 1,479 shares during the last quarter. State Street Corp boosted its stake in shares of HealthStream by 9.4% in the fourth quarter. State Street Corp now owns 546,636 shares of the technology company’s stock worth $13,698,000 after buying an additional 47,133 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of HealthStream by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,147,349 shares of the technology company’s stock worth $28,741,000 after buying an additional 45,204 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of HealthStream by 5.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 13,760 shares of the technology company’s stock worth $345,000 after buying an additional 740 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in shares of HealthStream by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the technology company’s stock worth $252,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 76.99% of the company’s stock.

Several research analysts have recently weighed in on HSTM shares. Zacks Investment Research cut shares of HealthStream from a “hold” rating to a “sell” rating in a research note on Monday, March 27th. Robert W. Baird reiterated an “outperform” rating and set a $35.00 price target on shares of HealthStream in a research note on Tuesday, June 27th. Needham & Company LLC lifted their price target on shares of HealthStream from $28.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, April 26th. Craig Hallum upgraded shares of HealthStream from a “hold” rating to a “buy” rating in a research note on Tuesday, April 25th. Finally, Cantor Fitzgerald lifted their price target on shares of HealthStream from $27.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, May 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. HealthStream has an average rating of “Hold” and a consensus target price of $27.86.

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.

Earnings History for HealthStream (NASDAQ:HSTM)

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