Somewhat Favorable News Coverage Somewhat Unlikely to Impact HealthStream (HSTM) Stock Price
Media coverage about HealthStream (NASDAQ:HSTM) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HealthStream earned a news impact score of 0.14 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.0694331370961 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
HealthStream (NASDAQ:HSTM) opened at 23.59 on Friday. HealthStream has a 12-month low of $20.60 and a 12-month high of $31.53. The company’s 50-day moving average is $23.27 and its 200 day moving average is $25.41. The stock has a market capitalization of $752.19 million, a PE ratio of 169.71 and a beta of 0.98.
HealthStream (NASDAQ:HSTM) last issued its quarterly earnings data on Monday, July 24th. The technology company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.04. The firm had revenue of $61.48 million for the quarter, compared to the consensus estimate of $61.36 million. HealthStream had a net margin of 1.85% and a return on equity of 2.27%. HealthStream’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the firm posted $0.04 EPS. On average, analysts predict that HealthStream will post $0.22 EPS for the current year.
A number of equities research analysts have recently commented on HSTM shares. Needham & Company LLC reduced their target price on shares of HealthStream from $32.00 to $26.00 and set a “buy” rating for the company in a report on Wednesday, July 26th. ValuEngine cut shares of HealthStream from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of HealthStream from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a report on Tuesday, June 27th. Robert W. Baird reaffirmed a “buy” rating and issued a $30.00 target price on shares of HealthStream in a report on Thursday, August 31st. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a $25.00 target price on shares of HealthStream in a report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $25.71.
HealthStream Company Profile
HealthStream, Inc (HealthStream) provides workforce, patient experience and provider solutions for healthcare organizations. The Company operates in three segments: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s products and services are organized into three segments: Workforce Solutions, Patient Experience Solutions, and Provider Solutions.
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