HealthStream Inc. (NASDAQ:HSTM)’s share price fell 2.4% during mid-day trading on Friday . The stock traded as low as $26.75 and last traded at $26.81, with a volume of 75,715 shares changing hands. The stock had previously closed at $27.47.

A number of research firms have weighed in on HSTM. Canaccord Genuity reaffirmed a “buy” rating on shares of HealthStream in a report on Wednesday, April 20th. FBR & Co reaffirmed a “buy” rating and set a $27.00 price objective on shares of HealthStream in a report on Sunday, July 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $32.00 price objective (up from $26.00) on shares of HealthStream in a report on Friday, June 10th. Finally, Barrington Research began coverage on HealthStream in a report on Wednesday, June 29th. They set an “outperform” rating and a $30.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. HealthStream has a consensus rating of “Buy” and a consensus target price of $28.50.

The company has a 50-day moving average of $25.89 and a 200 day moving average of $22.44. The firm has a market cap of $851.92 million and a price-to-earnings ratio of 115.24.

HealthStream (NASDAQ:HSTM) last issued its earnings results on Monday, April 25th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by $0.03. During the same period in the prior year, the business earned $0.10 EPS. The company had revenue of $54.10 million for the quarter, compared to analyst estimates of $54.03 million. The business’s revenue was up 14.6% compared to the same quarter last year. On average, analysts anticipate that HealthStream Inc. will post $0.33 earnings per share for the current fiscal year.

An institutional investor recently raised its position in HealthStream stock. Dimensional Fund Advisors LP boosted its stake in shares of HealthStream Inc. (NASDAQ:HSTM) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,015,508 shares of the company’s stock after buying an additional 20,056 shares during the period. Dimensional Fund Advisors LP owned 3.21% of HealthStream worth $22,341,000 at the end of the most recent quarter.

HealthStream, Inc provides workforce, patient experience and provider solutions for healthcare organizations. Delivered primarily as Software-as-a-Service (SaaS), the Company’s solutions focus on challenges facing the healthcare workforce and healthcare organizations, including the need to manage, retain, engage and develop healthcare workforce talent; meet compliance requirements; manage ongoing medical staff credentialing and privileging processes, and deliver patient experiences of care in healthcare organizations.

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