HealthStream
Market Cap
US$846.9m
Last Updated
2019/10/18 23:37 UTC
Data Sources
Company Financials +
Executive Summary
HealthStream, Inc. provides workforce and provider solutions for healthcare organizations in the United States.
Snowflake
Fundamentals
Flawless balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has HealthStream's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.2%
HSTM
1.4%
US Healthcare Services
1.8%
US Market
1 Year Return
-6.2%
HSTM
15.6%
US Healthcare Services
7.3%
US Market
Return vs Industry: HSTM underperformed the US Healthcare Services industry which returned 15.6% over the past year.
Return vs Market: HSTM underperformed the US Market which returned 7.3% over the past year.
Shareholder returns
| HSTM | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 1.4% | 1.8% |
| 30 Day | -1.2% | -0.9% | -0.7% |
| 90 Day | -2.0% | -5.3% | 0.06% |
| 1 Year | -6.2%-6.2% | 15.8%15.6% | 9.7%7.3% |
| 3 Year | 0.4%-3.7% | 57.1%56.6% | 46.3%36.9% |
| 5 Year | -6.6%-10.4% | 49.8%48.7% | 64.5%46.5% |
Price Volatility Vs. Market
How volatile is HealthStream's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Are HealthStream, Inc. (NASDAQ:HSTM) Investors Paying Above The Intrinsic Value?2 weeks ago | Simply Wall St
Imagine Owning HealthStream (NASDAQ:HSTM) And Wondering If The 14% Share Price Slide Is Justified1 month ago | Simply Wall St
Can HealthStream, Inc. (NASDAQ:HSTM) Improve Its Returns?Valuation
Is HealthStream undervalued compared to its fair value and its price relative to the market?
64.36x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: HSTM ($26.16) is trading above our estimate of fair value ($20.3)
Significantly Undervalued: HSTM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HSTM is poor value based on its PE Ratio (64.4x) compared to the Healthcare Services industry average (55x).
PE vs Market: HSTM is poor value based on its PE Ratio (64.4x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: HSTM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HSTM is good value based on its PB Ratio (2.6x) compared to the US Healthcare Services industry average (3.7x).
Next Steps
Future Growth
How is HealthStream forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-17.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HSTM's earnings are forecast to decline over the next 3 years (-17.4% per year).
Earnings vs Market: HSTM's earnings are forecast to decline over the next 3 years (-17.4% per year).
High Growth Earnings: HSTM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HSTM's revenue (4.8% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: HSTM's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if HSTM's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has HealthStream performed over the past 5 years?
8.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HSTM's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: HSTM's earnings growth over the past year (7.9%) is below its 5-year average (8.1% per year).
Earnings vs Industry: HSTM earnings growth over the past year (7.9%) exceeded the Healthcare Services industry 3.3%.
Return on Equity
High ROE: HSTM's Return on Equity (4%) is considered low.
Return on Assets
ROA vs Industry: HSTM's Return on Assets is below or equal to the Healthcare Services industry average last year.
Return on Capital Employed
ROCE Improving: HSTM has improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is HealthStream's financial position?
Financial Position Analysis
Short Term Liabilities: HSTM's short term assets ($214.5M) exceeds its short term liabilities ($98.3M)
Long Term Liabilities: HSTM's short term assets (214.5M) exceeds its long term liabilities (48.5M)
Debt to Equity History and Analysis
Debt Level: HSTM is debt free.
Reducing Debt: HSTM had no debt 5 years ago.
Debt Coverage: HSTM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HSTM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: HSTM has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if HSTM's debt is covered by short term assets.
Next Steps
Dividend
What is HealthStream's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate HSTM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HSTM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if HSTM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HSTM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HSTM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of HealthStream's salary, the management and board of directors tenure and is there insider trading?
2.3yrs
Average management tenure
CEO
Bobby Frist (52yo)
29.8yrs
Tenure
US$602,395
Compensation
Mr. Robert A. Frist, Jr., also known as Bobby, is a Co-founder of Healthstream, Inc. and has been its Chief Executive Officer since 1990. Mr. Frist has been the Chairman at Healthstream, Inc. since 1990. H ...
CEO Compensation Analysis
Compensation vs. Market: Bobby's total compensation ($USD602.40K) is about average for companies of similar size in the US market ($USD2.67M).
Compensation vs Earnings: Bobby's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.3yrs
Average Tenure
50.5yo
Average Age
Experienced Management: HSTM's management team is considered experienced (2.3 years average tenure).
Board Age and Tenure
17.8yrs
Average Tenure
63yo
Average Age
Experienced Board: HSTM's board of directors are seasoned and experienced ( 17.8 years average tenure).
Insider Trading
Insider Buying: HSTM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$28.58 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,116 |
| Max Price | US$25.72 |
Ownership Breakdown
Management Team
Bobby Frist (52yo)
Chairman & CEO
- Tenure: 29.8yrs
- Compensation: US$602.40k
J. Pearson (56yo)
President & COO
- Tenure: 1.4yrs
- Compensation: US$695.81k
M. McQuigg (51yo)
Senior Vice President of hStream Solutions
- Tenure: 0.8yrs
Mollie Condra
Vice President of Investor Relations & Communications
- Tenure: 0yrs
Michael Sousa (50yo)
Senior VP & President of Provider Solutions
- Tenure: 5.3yrs
- Compensation: US$728.82k
Jeff Cunningham (52yo)
Senior VP & CTO
- Tenure: 2.3yrs
- Compensation: US$482.35k
Trisha Coady (43yo)
Senior VP & GM of Clinical Solutions
- Tenure: 0.9yrs
Michael Collier (43yo)
Senior VP of Business Development
- Tenure: 8.2yrs
Scott Fenstermacher
Head of Sales & VP
- Tenure: 2.3yrs
Scott Roberts (42yo)
CFO and Senior VP of Accounting & Finance
- Tenure: 0.7yrs
Board Members
Tom Dent (69yo)
Lead Independent Director
- Tenure: 4.8yrs
- Compensation: US$97.61k
Bobby Frist (52yo)
Chairman & CEO
- Tenure: 29.8yrs
- Compensation: US$602.40k
Jeff McLaren (52yo)
Independent Director
- Tenure: 29.8yrs
- Compensation: US$90.11k
C. Harris (63yo)
Independent Director
- Tenure: 9.8yrs
- Compensation: US$90.11k
William Stead (70yo)
Independent Director
- Tenure: 21.8yrs
- Compensation: US$90.11k
Michael Shmerling (64yo)
Independent Director
- Tenure: 14.8yrs
- Compensation: US$90.11k
Linda Rebrovick (63yo)
Independent Director
- Tenure: 18.8yrs
- Compensation: US$90.11k
Frank Gordon (56yo)
Independent Director
- Tenure: 17.8yrs
- Compensation: US$92.11k
Deborah Tate (62yo)
Independent Director
- Tenure: 9.8yrs
- Compensation: US$90.11k
Company Information
HealthStream, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: HealthStream, Inc.
- Ticker: HSTM
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Health Care Technology
- Sector: Healthcare
- Market Cap: US$846.891m
- Shares outstanding: 32.37m
- Website: https://www.healthstream.com
Number of Employees
Location
- HealthStream, Inc.
- 500 11th Avenue North
- Suite 1000
- Nashville
- Tennessee
- 37203
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HSTM | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 2000 |
| HL5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2000 |
Biography
HealthStream, Inc. provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company off ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 23:37 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.