HealthStream (HSTM) Scheduled to Post Earnings on Monday

HealthStream (NASDAQ:HSTM) is set to issue its quarterly earnings data after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of $0.12 per share for the quarter. HealthStream has set its FY 2024 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.

HealthStream (NASDAQ:HSTM) last issued its quarterly earnings data on Monday, July 22nd. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. HealthStream had a net margin of 6.26% and a return on equity of 5.19%. The firm had revenue of $71.56 million during the quarter, compared to the consensus estimate of $72.85 million. During the same period last year, the business posted $0.13 earnings per share. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. 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 %

HealthStream stock opened at $28.84 on Friday. The company has a market capitalization of $876.68 million, a price-to-earnings ratio of 49.72, a PEG ratio of 4.25 and a beta of 0.36. HealthStream has a 12 month low of $21.92 and a 12 month high of $31.15. The stock’s 50 day moving average is $28.60 and its 200-day moving average is $27.77.

HealthStream Announces Dividend

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

Insider Transactions at HealthStream

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on HSTM shares. StockNews.com downgraded shares of HealthStream from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 24th. Canaccord Genuity Group increased their target price on shares of HealthStream from $27.00 to $28.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $30.00.

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.