Alert: Positive Investment/Fundamental Signals (2/28/24)-HealthStream Inc (NASDAQ: HSTM)

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HealthStream Inc (NASDAQ: HSTM) has recently enjoyed meaningful positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

HealthStream Inc (NASDAQ: HSTM) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

HSTM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

HealthStream has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. HealthStream has a very low Appreciation Score of 14 but a very high Power Rating of 88, leading to the Neutral Value Trend Rating.

Recent Price Action

HealthStream Inc (NASDAQ: HSTM) stock closed at $27.04 on 2/28/24 after a modest gain of 0.6%. Moreover, trading volume in this advance was exceptionally high at 207% of normal. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.

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