Shares of HealthStream, Inc. (NASDAQ:HSTM) have received a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $24.00.

HSTM has been the topic of several research analyst reports. Needham & Company LLC restated a “hold” rating and set a $26.00 target price on shares of HealthStream in a research report on Tuesday, October 24th. Zacks Investment Research raised HealthStream from a “hold” rating to a “strong-buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, October 25th. Canaccord Genuity reaffirmed a “hold” rating and set a $25.00 price target on shares of HealthStream in a research note on Monday, October 23rd. ValuEngine downgraded HealthStream from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $30.00 price target on shares of HealthStream in a research note on Thursday, August 31st.

Shares of HealthStream (NASDAQ:HSTM) traded down $0.05 during trading on Friday, hitting $22.69. The company had a trading volume of 114,300 shares, compared to its average volume of 146,179. HealthStream has a 52 week low of $20.60 and a 52 week high of $31.53. The company has a market cap of $725.32, a price-to-earnings ratio of 103.36, a price-to-earnings-growth ratio of 5.99 and a beta of 0.90.

HealthStream (NASDAQ:HSTM) last announced its earnings results on Monday, October 23rd. The technology company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.05 by $0.03. HealthStream had a return on equity of 2.46% and a net margin of 2.36%. The company had revenue of $63.60 million for the quarter, compared to analyst estimates of $62.48 million. During the same quarter in the prior year, the company earned $0.04 EPS. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. equities analysts predict that HealthStream will post 0.23 EPS for the current year.

A number of hedge funds have recently bought and sold shares of HSTM. Bank of Montreal Can raised its stake in HealthStream by 1.1% during the 2nd quarter. Bank of Montreal Can now owns 5,720 shares of the technology company’s stock worth $151,000 after buying an additional 65 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in shares of HealthStream by 5.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,000 shares of the technology company’s stock worth $158,000 after purchasing an additional 290 shares during the last quarter. UBS Asset Management Americas Inc. purchased a new stake in shares of HealthStream in the second quarter worth approximately $205,000. BNP Paribas Arbitrage SA raised its stake in shares of HealthStream by 53.9% in the second quarter. BNP Paribas Arbitrage SA now owns 8,131 shares of the technology company’s stock worth $214,000 after purchasing an additional 2,849 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of HealthStream in the third quarter worth approximately $237,000. 74.42% of the stock is currently owned by institutional investors and hedge funds.

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About HealthStream

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.

Analyst Recommendations for HealthStream (NASDAQ:HSTM)

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