HealthStream
Market Cap
US$838.9m
Last Updated
2020/02/20 01:29 UTC
Data Sources
Company Financials +
Executive Summary
HealthStream, Inc. provides workforce and provider solutions for healthcare organizations in the United States.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -54.1% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with questionable 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
Stable Share Price: HSTM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.1%
HSTM
2.5%
US Healthcare Services
0.5%
US Market
1 Year Return
-6.3%
HSTM
29.6%
US Healthcare Services
20.3%
US Market
Return vs Industry: HSTM underperformed the US Healthcare Services industry which returned 29.6% over the past year.
Return vs Market: HSTM underperformed the US Market which returned 20.3% over the past year.
Shareholder returns
| HSTM | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 2.5% | 0.5% |
| 30 Day | -5.5% | 5.1% | 2.0% |
| 90 Day | -6.2% | 10.5% | 9.4% |
| 1 Year | -6.3%-6.3% | 29.9%29.6% | 22.8%20.3% |
| 3 Year | 11.3%6.8% | 97.1%96.3% | 50.1%40.4% |
| 5 Year | 2.2%-1.9% | 56.3%55.2% | 73.1%54.1% |
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
1 week ago | Simply Wall St
HealthStream (NASDAQ:HSTM) Shareholders Booked A 21% Gain In The Last Three Years4 weeks ago | Simply Wall St
Is HealthStream, Inc.'s (NASDAQ:HSTM) 4.1% ROE Worse Than Average?1 month ago | Simply Wall St
How Do HealthStream, Inc.’s (NASDAQ:HSTM) Returns Compare To Its Industry?Valuation
Is HealthStream undervalued compared to its fair value and its price relative to the market?
59.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HSTM ($25.91) is trading above our estimate of fair value ($19.41)
Significantly Below Fair Value: 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 (59.1x) compared to the Healthcare Services industry average (52.1x).
PE vs Market: HSTM is poor value based on its PE Ratio (59.1x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
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 (2.5x) compared to the US Healthcare Services industry average (3.8x).
Next Steps
Future Growth
How is HealthStream forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-54.1%
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 (-54.1% per year).
Earnings vs Market: HSTM's earnings are forecast to decline over the next 3 years (-54.1% per year).
High Growth Earnings: HSTM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HSTM's revenue (3.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: HSTM's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HSTM's Return on Equity is forecast to be low in 3 years time (1%).
Next Steps
Past Performance
How has HealthStream performed over the past 5 years?
11.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HSTM has high quality earnings.
Growing Profit Margin: HSTM's current net profit margins (5.6%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: HSTM's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: HSTM's earnings growth over the past year (7.1%) is below its 5-year average (11.7% per year).
Earnings vs Industry: HSTM earnings growth over the past year (7.1%) underperformed the Healthcare Services industry 20.1%.
Return on Equity
High ROE: HSTM's Return on Equity (4.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is HealthStream's financial position?
Financial Position Analysis
Short Term Liabilities: HSTM's short term assets ($224.6M) exceed its short term liabilities ($105.2M).
Long Term Liabilities: HSTM's short term assets ($224.6M) exceed its long term liabilities ($46.2M).
Debt to Equity History and Analysis
Debt Level: HSTM is debt free.
Reducing Debt: HSTM has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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: HSTM's debt is not covered by short term assets (assets are -90x debt).
Next Steps
Dividend
What is HealthStream's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
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.
Stability and Growth of Payments
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
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Bobby Frist (52yo)
30.1yrs
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 below average for companies of similar size in the US market ($USD2.50M).
Compensation vs Earnings: Bobby's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.1yrs | US$602.40k | 17.13% $143.7m | |
| President & COO | 1.8yrs | US$695.81k | 0.50% $4.2m | |
| Senior VP & CTO | 2.6yrs | US$482.35k | 0.0082% $68.6k | |
| Senior VP & President of Provider Solutions | 5.7yrs | US$728.82k | 0.054% $451.3k | |
| CFO and Senior VP of Accounting & Finance | 1yrs | no data | 0.013% $109.1k | |
| Vice President of Investor Relations & Communications | 0yrs | no data | no data | |
| Senior VP of Business Development | 8.5yrs | no data | 0.033% $278.2k | |
| Head of Sales & VP | 2.6yrs | no data | no data | |
| Senior VP & GM of Clinical Solutions | 1.3yrs | no data | 0.012% $101.3k | |
| Senior Vice President of hStream Solutions | 1.1yrs | no data | 0.0021% $17.8k |
2.6yrs
Average Tenure
50.5yo
Average Age
Experienced Management: HSTM's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.1yrs | US$602.40k | 17.13% $143.7m | |
| Lead Independent Director | 5.2yrs | US$97.61k | 0.37% $3.1m | |
| Independent Director | 30.1yrs | US$90.11k | 0.044% $367.7k | |
| Independent Director | 10.1yrs | US$90.11k | 0.080% $674.3k | |
| Independent Director | 22.1yrs | US$90.11k | 0.083% $692.4k | |
| Independent Director | 15.1yrs | US$90.11k | 0.36% $3.0m | |
| Independent Director | 19.1yrs | US$90.11k | 0.12% $977.5k | |
| Independent Director | 18.1yrs | US$92.11k | 0.63% $5.3m | |
| Independent Director | 10.1yrs | US$90.11k | 0.050% $419.2k |
18.1yrs
Average Tenure
63yo
Average Age
Experienced Board: HSTM's board of directors are seasoned and experienced ( 18.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$838.923m
- Shares outstanding: 32.38m
- 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 offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the training, certification, assessment, development, clinical development, talent management, performance appraisal, and other needs, as well as training, implementation, and account management services for the healthcare community. It also provides applications for recruiting and applicant tracking, learning, performance appraisal, compensation management, succession planning, competency management, disclosure management, clinical development, simulation-based education, and industry-sponsored training. In addition, the company offers Verity, a SaaS-based credentialing, privileging, and enrollment solution. It provides its solutions to private, not-for-profit, and government entities, as well as pharmaceutical and medical device companies. The company was founded in 1990 and is headquartered in Nashville, Tennessee.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 01:29 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.