Analysts expect that HealthStream, Inc. (NASDAQ:HSTM) will announce $0.05 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for HealthStream’s earnings, with estimates ranging from $0.04 to $0.05. HealthStream posted earnings per share of $0.07 in the same quarter last year, which would suggest a negative year-over-year growth rate of 28.6%. The business is expected to report its next earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that HealthStream will report full year earnings of $0.21 per share for the current fiscal year, with EPS estimates ranging from $0.19 to $0.24. For the next year, analysts forecast that the company will post earnings of $0.29 per share, with EPS estimates ranging from $0.25 to $0.34. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that follow HealthStream.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings results on Monday, July 24th. The technology company reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.04. The firm had revenue of $61.48 million for the quarter, compared to analyst estimates of $61.36 million. HealthStream had a net margin of 1.85% and a return on equity of 2.27%. HealthStream’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $0.04 EPS.

A number of analysts recently commented on the stock. Canaccord Genuity reissued a “hold” rating and set a $25.00 price objective on shares of HealthStream in a report on Thursday, July 27th. Zacks Investment Research downgraded shares of HealthStream from a “hold” rating to a “sell” rating in a report on Wednesday, July 26th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $24.00 price target (down previously from $28.00) on shares of HealthStream in a report on Wednesday, July 26th. Needham & Company LLC reduced their price target on shares of HealthStream from $32.00 to $26.00 and set a “buy” rating on the stock in a report on Wednesday, July 26th. Finally, First Analysis raised shares of HealthStream from an “underweight” rating to an “equal weight” rating and set a $19.00 price target on the stock in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $26.43.

HealthStream (NASDAQ HSTM) traded down 2.09% during mid-day trading on Tuesday, reaching $22.99. 13,202 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $24.53 and its 200 day moving average is $25.38. The stock has a market capitalization of $733.06 million, a PE ratio of 165.40 and a beta of 0.98. HealthStream has a 1-year low of $20.60 and a 1-year high of $31.53.

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Several hedge funds have recently made changes to their positions in the stock. State of Alaska Department of Revenue increased its stake in shares of HealthStream by 79.4% in the second quarter. State of Alaska Department of Revenue now owns 5,040 shares of the technology company’s stock valued at $132,000 after buying an additional 2,230 shares during the period. Bank of Montreal Can increased its stake in shares of HealthStream by 1.1% in the second quarter. Bank of Montreal Can now owns 5,720 shares of the technology company’s stock valued at $151,000 after buying an additional 65 shares during the period. Mason Street Advisors LLC increased its stake in shares of HealthStream by 7.1% in the first quarter. Mason Street Advisors LLC now owns 5,944 shares of the technology company’s stock valued at $144,000 after buying an additional 395 shares during the period. Municipal Employees Retirement System of Michigan increased its stake in shares of HealthStream by 5.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,000 shares of the technology company’s stock valued at $158,000 after buying an additional 290 shares during the period. Finally, UBS Asset Management Americas Inc. acquired a new stake in shares of HealthStream during the second quarter valued at about $205,000. 76.73% of the stock is currently owned by institutional investors.

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.

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Earnings History and Estimates for HealthStream (NASDAQ:HSTM)

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