HealthStream (NASDAQ:HSTM) posted its quarterly earnings data on Sunday. The technology company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01), MarketWatch Earnings reports. The business had revenue of $61.80 million during the quarter, compared to the consensus estimate of $59.08 million. HealthStream had a return on equity of 4.19% and a net margin of 6.86%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share.
Shares of HSTM stock traded up $0.11 during trading hours on Tuesday, hitting $23.41. The company had a trading volume of 15,088 shares, compared to its average volume of 120,038. HealthStream has a 12 month low of $17.95 and a 12 month high of $26.63. The firm has a market capitalization of $741.58 million, a price-to-earnings ratio of 44.81, a PEG ratio of 12.25 and a beta of 0.33. The firm’s fifty day moving average is $24.40 and its 200 day moving average is $21.40.
A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded HealthStream from a “sell” rating to a “hold” rating in a research note on Wednesday, February 3rd. Canaccord Genuity reiterated a “hold” rating and issued a $20.00 price objective on shares of HealthStream in a research note 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.
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