HealthStream (HSTM) Receives a Hold from Barrington


In a report released today, Vincent Colicchio from Barrington maintained a Hold rating on HealthStream (HSTM). The company’s shares closed yesterday at $25.80.

Colicchio commented:

“We are increasing our 2019 non-GAAP EPS forecast to $0.35 from $0.32 due to a reduction in our operating expense forecasts and we are reducing our 2020 non-GAAP EPS forecast to $0.38 from $0.40 due to a reduction in our WS revenue forecast.”

According to TipRanks.com, Colicchio has 0 stars on 0-5 star ranking scale with an average return of -4.4% and a 53.2% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Computer Task.

Currently, the analyst consensus on HealthStream is a Moderate Buy with an average price target of $27, implying a 4.7% upside from current levels. In a report issued on April 22, Cantor Fitzgerald also maintained a Hold rating on the stock with a $26 price target.

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HealthStream’s market cap is currently $834M and has a P/E ratio of 367.00. The company has a Price to Book ratio of 2.61.

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HealthStream, Inc. engages in the provision of services to healthcare organizations and other members within the healthcare industry. It operates through the following segments: Workforce Solutions and Provider Solutions.

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