“We believe that approximately 50% of the U.S. resuscitation training market involves traditional instructor-led training, which is more expensive and less flexible than the online training provided by the company. Given the sizeable amount of green space, we believe the company can eventually replace (and possibly surpass) the revenue lost from ending the Laerdal relationship. However, the timing of the recovery is difficult to predict.”
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The word on The Street in general, suggests a Hold analyst consensus rating for HealthStream with a $25.50 average price target, implying a 4.6% upside from current levels. In a report issued on November 28, Canaccord Genuity also maintained a Hold rating on the stock with a $25 price target.
HealthStream’s market cap is currently $788.4M and has a P/E ratio of 234.07. The company has a Price to Book ratio of 2.50.
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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.