Healthstream Inc (NASDAQ: HSTM) is 22.20% higher on its value in year-to-date trading and has touched a low of $23.92 and a high of $33.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HSTM stock was last observed hovering at around $32.54 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $33.03, the stock is 4.67% and 10.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 1.51% at the moment leaves the stock 17.83% off its SMA200. HSTM registered 29.78% gain for a year compared to 6-month gain of 21.57%. The firm has a 50-day simple moving average (SMA 50) of $29.839 and a 200-day simple moving average (SMA200) of $28.0017.
The stock witnessed a 12.62% loss in the last 1 month and extending the period to 3 months gives it a 14.57%, and is 5.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 2.21% over the month.
Healthstream Inc (HSTM) has around 1079 employees, a market worth around $1.00B and $287.99M in sales. Current P/E ratio is 51.12 and Fwd P/E is 51.48. Profit margin for the company is 6.84%. Distance from 52-week low is 38.09% and -0.18% from its 52-week high. The company has generated returns on investments over the last 12 months (5.28%).
Healthstream Inc quarterly earnings per share for the current quarter are estimated at 0.14 with sales reaching $73.55M over the same period.The EPS is expected to grow by 25.33% this year, but quarterly earnings will post 4.26% year-over-year. Quarterly sales are estimated to grow 4.20% in year-over-year returns.
301.0 institutions hold shares in Healthstream Inc (HSTM), with institutional investors hold 95.19% of the company’s shares. The shares outstanding are 30.30M, and float is at 24.02M with Short Float at 2.52%. Institutions hold 74.82% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.0 million shares valued at $111.62 million. The investor’s holdings represent 13.1986 of the HSTM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.91 million shares valued at $81.18 million to account for 9.5991 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.57 million shares representing 5.1817 and valued at over $43.82 million, while STATE STREET CORP holds 3.1744 of the shares totaling 0.96 million with a market value of $26.85 million.
Healthstream Inc (HSTM) Insider Activity
The most recent transaction is an insider sale by Taylor Tate Deborah, the company’s Director. SEC filings show that Taylor Tate Deborah sold 1,400 shares of the company’s common stock on Aug 29 ’24 at a price of $28.53 per share for a total of $39938.0. Following the sale, the insider now owns 22326.0 shares.
Healthstream Inc disclosed in a document filed with the SEC on Aug 26 ’24 that Fenstermacher Scott (Senior Vice President) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Aug 26 ’24 and was made at $28.99 per share for $28990.0. Following the transaction, the insider now directly holds 12008.0 shares of the HSTM stock.
Still, SEC filings show that on Aug 07 ’24, O’Hara Kevin P (Senior Vice President) disposed off 3,000 shares at an average price of $28.03 for $84090.0. The insider now directly holds 9,527 shares of Healthstream Inc (HSTM).
