HealthStream (NASDAQ:HSTM) Rating Lowered to Sell at BidaskClub

BidaskClub cut shares of HealthStream (NASDAQ:HSTM) from a hold rating to a sell rating in a report published on Wednesday, January 16th.

Several other brokerages have also commented on HSTM. Barrington Research reissued a hold rating on shares of HealthStream in a report on Monday, January 14th. Zacks Investment Research raised HealthStream from a hold rating to a buy rating and set a $27.00 price objective on the stock in a report on Wednesday, January 16th. TheStreet lowered HealthStream from a b- rating to a c+ rating in a research note on Tuesday, November 20th. Finally, ValuEngine lowered HealthStream from a buy rating to a hold rating in a research note on Thursday, November 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. HealthStream currently has a consensus rating of Hold and an average target price of $26.60.

Shares of HSTM opened at $25.50 on Wednesday. HealthStream has a 12 month low of $21.68 and a 12 month high of $31.86. The company has a market capitalization of $824.29 million, a price-to-earnings ratio of 94.44, a price-to-earnings-growth ratio of 3.82 and a beta of 0.69.

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. raised its position in HealthStream by 1.6% in the fourth quarter. BlackRock Inc. now owns 4,051,752 shares of the technology company’s stock valued at $97,848,000 after purchasing an additional 63,320 shares during the period. Vanguard Group Inc. raised its position in HealthStream by 2.5% in the third quarter. Vanguard Group Inc. now owns 2,589,076 shares of the technology company’s stock valued at $80,288,000 after purchasing an additional 63,817 shares during the period. Vanguard Group Inc raised its holdings in shares of HealthStream by 2.5% in the 3rd quarter. Vanguard Group Inc now owns 2,589,076 shares of the technology company’s stock valued at $80,288,000 after buying an additional 63,817 shares during the period. Conestoga Capital Advisors LLC raised its holdings in shares of HealthStream by 14.2% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,773,237 shares of the technology company’s stock valued at $54,988,000 after buying an additional 220,863 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of HealthStream by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,522,759 shares of the technology company’s stock valued at $47,220,000 after buying an additional 14,617 shares during the period. Hedge funds and other institutional investors own 68.56% of the company’s stock.

HealthStream Company Profile

HealthStream, Inc provides workforce and provider solutions for healthcare organizations in the United States. It operates through HealthStream Workforce Solutions and HealthStream Provider Solutions segments. The company offers workforce development solutions comprising software-as-a-service (SaaS) and subscription-based products to meet talent management, training, certification, competency assessment, performance appraisal, and development needs, as well as training, implementation, and account management services.

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Analyst Recommendations for HealthStream (NASDAQ:HSTM)

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