HealthStream (HSTM) to Release Quarterly Earnings on Monday

HealthStream (NASDAQ:HSTM) will be releasing its earnings data after the market closes on Monday, October 21st. Analysts expect HealthStream to post earnings of $0.12 per share for the quarter. HealthStream has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

HealthStream (NASDAQ:HSTM) last issued its earnings results on Monday, July 22nd. The technology company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. HealthStream had a return on equity of 5.19% and a net margin of 6.26%. The company had revenue of $71.56 million for the quarter, compared to analyst estimates of $72.85 million. During the same period in the prior year, the firm earned $0.13 earnings per share. HealthStream’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts expect HealthStream to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

HealthStream Trading Down 0.3 %

NASDAQ HSTM opened at $28.84 on Friday. The company has a market cap of $876.68 million, a P/E ratio of 49.72, a PEG ratio of 4.25 and a beta of 0.36. The company has a fifty day simple moving average of $28.61 and a 200 day simple moving average of $27.81. HealthStream has a 12-month low of $21.92 and a 12-month high of $31.15.

HealthStream Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 16th. Investors of record on Monday, August 5th were given a $0.028 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend was Monday, August 5th. HealthStream’s payout ratio is currently 18.97%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Craig Hallum raised shares of HealthStream to a “strong-buy” rating in a research report on Thursday. StockNews.com downgraded HealthStream from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 24th. Finally, Canaccord Genuity Group lifted their target price on HealthStream from $27.00 to $28.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $30.00.

Insider Activity at HealthStream

In related news, SVP Kevin P. O’hara sold 3,000 shares of HealthStream stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $28.03, for a total transaction of $84,090.00. Following the completion of the sale, the senior vice president now owns 9,527 shares of the company’s stock, valued at approximately $267,041.81. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Tate Deborah Taylor sold 1,400 shares of HealthStream stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.53, for a total transaction of $39,942.00. Following the completion of the sale, the director now directly owns 22,326 shares of the company’s stock, valued at approximately $636,960.78. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Kevin P. O’hara sold 3,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $28.03, for a total value of $84,090.00. Following the completion of the transaction, the senior vice president now directly owns 9,527 shares in the company, valued at approximately $267,041.81. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 20.60% of the stock is currently owned by corporate insiders.

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.