HealthStream (HSTM) Scheduled to Post Earnings on Monday

HealthStream (NASDAQ:HSTM) is scheduled to post its quarterly earnings results after the market closes on Monday, April 22nd. Analysts expect HealthStream to post earnings of $0.10 per share for the quarter.

HealthStream (NASDAQ:HSTM) last announced its quarterly earnings data on Monday, February 19th. The technology company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.08 by $0.07. The firm had revenue of $70.58 million for the quarter, compared to the consensus estimate of $71.83 million. HealthStream had a net margin of 5.45% and a return on equity of 4.71%. During the same period last year, the firm earned $0.08 EPS. 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 0.8 %

HealthStream stock traded down $0.20 during mid-day trading on Wednesday, hitting $24.47. The stock had a trading volume of 103,792 shares, compared to its average volume of 97,324. HealthStream has a one year low of $20.47 and a one year high of $29.12. The firm has a market capitalization of $743.89 million, a P/E ratio of 48.94, a P/E/G ratio of 4.02 and a beta of 0.36. The firm’s 50 day moving average is $26.38 and its 200 day moving average is $25.78.

HealthStream Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Monday, March 11th were paid a $0.028 dividend. This is a positive change from HealthStream’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Friday, March 8th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.46%. HealthStream’s dividend payout ratio is 22.00%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. William Blair reissued an “outperform” rating on shares of HealthStream in a report on Tuesday, February 20th. StockNews.com upgraded shares of HealthStream from a “buy” rating to a “strong-buy” rating in a research report on Thursday, April 11th. Finally, Barclays began coverage on shares of HealthStream in a research report on Wednesday, January 3rd. They set an “overweight” rating and a $32.00 target price for the company. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $32.00.

Insider Buying and Selling

In other news, EVP Michael Sousa sold 15,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $27.25, for a total transaction of $408,750.00. Following the completion of the transaction, the executive vice president now directly owns 42,525 shares in the company, valued at approximately $1,158,806.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, SVP Trisha L. Coady sold 7,000 shares of HealthStream stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $26.34, for a total value of $184,380.00. Following the completion of the transaction, the senior vice president now owns 14,693 shares in the company, valued at $387,013.62. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michael Sousa sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $27.25, for a total value of $408,750.00. Following the sale, the executive vice president now directly owns 42,525 shares in the company, valued at $1,158,806.25. The disclosure for this sale can be found here. 21.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On HealthStream

Large investors have recently modified their holdings of the stock. Swiss National Bank boosted its stake in HealthStream by 6.8% during the first quarter. Swiss National Bank now owns 59,700 shares of the technology company’s stock worth $1,189,000 after buying an additional 3,800 shares during the period. Citigroup Inc. lifted its holdings in shares of HealthStream by 7.0% in the 1st quarter. Citigroup Inc. now owns 22,973 shares of the technology company’s stock worth $458,000 after acquiring an additional 1,510 shares during the last quarter. MetLife Investment Management LLC boosted its stake in shares of HealthStream by 70.8% during the 1st quarter. MetLife Investment Management LLC now owns 15,509 shares of the technology company’s stock worth $309,000 after purchasing an additional 6,429 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in HealthStream by 14.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 21,768 shares of the technology company’s stock valued at $434,000 after purchasing an additional 2,684 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in HealthStream by 2.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,467,146 shares of the technology company’s stock valued at $29,226,000 after purchasing an additional 41,720 shares during the last quarter. Institutional investors own 69.58% of the company’s stock.

About HealthStream

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.