Stock of the Day: What’s Ahead for HealthStream, Inc. After Today’s Big Increase?

Stock of the Day: What's Ahead for HealthStream, Inc. After Today's Big Increase?

The stock of HealthStream, Inc. (NASDAQ:HSTM) is a huge mover today! The stock increased 4.90% or $1.29 during the last trading session, hitting $27.6. About 135,611 shares traded hands or 66.38% up from the average. HealthStream, Inc. (NASDAQ:HSTM) has risen 25.70% since February 26, 2016 and is uptrending. It has outperformed by 15.28% the S&P500.
The move comes after 7 months positive chart setup for the $860.62 million company. It was reported on Oct, 1 by Barchart.com. We have $45.82 PT which if reached, will make NASDAQ:HSTM worth $568.01 million more.

Analysts await HealthStream, Inc. (NASDAQ:HSTM) to report earnings on October, 17. They expect $0.08 earnings per share, down 33.33% or $0.04 from last year’s $0.12 per share. HSTM’s profit will be $2.49 million for 86.25 P/E if the $0.08 EPS becomes a reality. After $0.05 actual earnings per share reported by HealthStream, Inc. for the previous quarter, Wall Street now forecasts 60.00% EPS growth.

HealthStream, Inc. (NASDAQ:HSTM) Ratings Coverage

Out of 7 analysts covering Healthstream (NASDAQ:HSTM), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. Healthstream has been the topic of 8 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Strong-Buy” rating given on Tuesday, August 4 by Zacks. Barrington Research initiated the shares of HSTM in a report on Wednesday, June 29 with “Outperform” rating. The firm has “Equal-Weight” rating given on Wednesday, July 27 by First Analysis. FBR Capital initiated the shares of HSTM in a report on Tuesday, March 29 with “Outperform” rating. The rating was initiated by Sidoti with “Neutral” on Wednesday, December 30. Raymond James initiated the shares of HSTM in a report on Monday, August 3 with “Market Perform” rating. The rating was downgraded by Needham to “Hold” on Wednesday, July 22.

According to Zacks Investment Research, “Healthstream Inc. is pioneering a Web-based solution to meet the training and education needs of the healthcare industry utilizing our proprietary system. Through strategic relationships with medical institutions and commercial organizations, the company has amassed hours of training and education courses. The company distributes hours of these courses online to allied healthcare professionals, nurses, doctors and other healthcare workers.”

Insitutional Activity: The institutional sentiment increased to 1.67 in 2016 Q2. Its up 0.30, from 1.37 in 2016Q1. The ratio is positive, as 9 funds sold all HealthStream, Inc. shares owned while 30 reduced positions. 19 funds bought stakes while 46 increased positions. They now own 22.75 million shares or 0.02% more from 22.74 million shares in 2016Q1.
Moreover, Royal Bank & Trust Of Canada has 0% invested in HealthStream, Inc. (NASDAQ:HSTM) for 4,581 shares. Panagora Asset Mgmt Inc last reported 0.01% of its portfolio in the stock. Teachers has invested 0.02% of its portfolio in HealthStream, Inc. (NASDAQ:HSTM). Blackrock Inv Mngmt Ltd Liability Corp holds 0% or 110,704 shares in its portfolio. D E Shaw & Communications holds 125,549 shares or 0.01% of its portfolio. New York State Teachers Retirement Sys holds 10,523 shares or 0% of its portfolio. Arrowpoint Asset Mngmt Limited Company holds 0.06% of its portfolio in HealthStream, Inc. (NASDAQ:HSTM) for 117,505 shares. The United Kingdom-based Legal & General Grp Public Ltd has invested 0% in HealthStream, Inc. (NASDAQ:HSTM). California State Teachers Retirement accumulated 53,961 shares or 0% of the stock. Tompkins Fin has 0% invested in the company for 145 shares. State Street holds 0% or 478,402 shares in its portfolio. Stephens Ar reported 1,277 shares or 0% of all its holdings. Polar Asset Mgmt Prtnrs reported 440,966 shares or 0.47% of all its holdings. The New York-based Pinebridge Invs Ltd Partnership has invested 0% in HealthStream, Inc. (NASDAQ:HSTM). Moreover, Kornitzer Capital Management Ks has 0.02% invested in HealthStream, Inc. (NASDAQ:HSTM) for 40,709 shares.

Insider Transactions: Since August 15, 2016, the stock had 0 insider purchases, and 1 sale for $36,427 net activity. Taylor Tate Deborah sold $36,427 worth of stock or 1,500 shares.

More important recent HealthStream, Inc. (NASDAQ:HSTM) news were published by: Seekingalpha.com which released: “HealthStream Will Reward Patient Investors” on April 07, 2016, also Seekingalpha.com published article titled: “HealthStream: Not A High Growth SaaS Company”, Quotes.Wsj.com published: “News HealthStream Inc.HSTM” on February 11, 2011. More interesting news about HealthStream, Inc. (NASDAQ:HSTM) was released by: Benzinga.com and their article: “HealthStream To Acquire PMSI” with publication date: July 01, 2016.

HSTM Company Profile

HealthStream, Inc. (HealthStream), incorporated on September 27, 1990, provides workforce, patient experience and well-known 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. The Firm operates in three divisions: HealthStream Workforce Solutions, HealthStream Patient Experience Solutions and HealthStream Provider Solutions. HealthStream’s services and products are organized into three divisions: Workforce Solutions, Patient Experience Solutions and Provider Solutions. The Company’s services and products help healthcare organizations meet ongoing talent management, training, education, assessment, competency management, compliance, well-known provider credentialing and privileging management, and well-known provider enrollment needs. The Company’s solutions are provided to a range of clients within the healthcare industry across the continuum of care.

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