HealthStream (NASDAQ:HSTM) announced its earnings results on Sunday. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01), MarketWatch Earnings reports. The company had revenue of $61.80 million for the quarter, compared to analyst estimates of $59.08 million. HealthStream had a return on equity of 4.19% and a net margin of 6.86%. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.11 earnings per share.
Shares of HSTM traded up $0.06 during trading hours on Tuesday, hitting $23.36. 227,980 shares of the company were exchanged, compared to its average volume of 123,122. The company has a market cap of $740.00 million, a PE ratio of 44.81, a PEG ratio of 12.25 and a beta of 0.33. The firm’s 50 day moving average is $24.40 and its 200-day moving average is $21.40. HealthStream has a 52 week low of $17.95 and a 52 week high of $26.63.
HSTM has been the topic of several recent analyst reports. Zacks Investment Research raised HealthStream from a “sell” rating to a “hold” rating in a research report on Wednesday, February 3rd. Canaccord Genuity reissued a “hold” rating and set a $20.00 price target on shares of HealthStream in a research report on Tuesday, December 1st.
HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, competency assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services.
Further Reading: What factors cause inflation to rise?
Receive News & Ratings for HealthStream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HealthStream and related companies with MarketBeat.com's FREE daily email newsletter.