Barrington Research Initiates Coverage on HealthStream to Outperform

Barrington Research Initiates Coverage on HealthStream(NASDAQ:HSTM). The shares have been rated Outperform. The rating by Barrington Research was issued on Jun 29, 2016.

HealthStream (HSTM) shares turned negative on Fridays trading session with the shares closing down -0.04 points or -0.15% at a volume of 49,265. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $26.78. The peak price level was also seen at $26.78 while the days lowest was $26.19. Finally the shares closed at $26.48. The 52-week high of the shares is $32.3 while the 52-week low is $17.8. According to the latest information available, the market cap of the company is $840 M.

HealthStream(HSTM) last announced its earnings results on Apr 25, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $55.03M. Analysts had an estimated revenue of $53.97M. Earnings per share were $0.06. Analysts had estimated an EPS of $0.08.

Several Insider Transactions has been reported to the SEC. On Feb 23, 2016, Michael Sousa (Senior Vice President) sold 10,000 shares at $21.35 per share price.Also, On Feb 22, 2016, Jeffrey L Mclaren (director) sold 10,000 shares at $21.22 per share price.On Mar 13, 2015, Thompson Dent (director) sold 13,700 shares at $25.68 per share price, according to the Form-4 filing with the securities and exchange commission.

HealthStream Inc. (HealthStream) provides software as a service (SaaS)-based workforce development solutions and research/patient experience solutions for healthcare organizations designed to assess and develop the people that deliver patient care. HealthStream’s products and services are organized into two segments: HealthStream Workforce Development Solutions and HealthStream Research/Patient Experience Solutions. The Company also offers credentialing privileging quality management and contact center optimization solutions for healthcare organizations. The Company delivers educational activities and training courseware to its customers through its platform application the HealthStream Learning Center (HLC) while delivering competency management and performance appraisal tools through its platform applications the HealthStream Competency Center (HCC) and HealthStream Performance Center (HPC) respectively all on the SaaS-based platform.

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