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HS

HealthStream, Inc.

HSTMHealthcareNASDAQ

Health Information Services

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Financials · Annual
Revenue
$304.1M
+4.3% YoY
Net Income
$18.3M
-8.3% YoY
EBITDA
$63.7M
+1.9% YoY
Free Cash Flow
$49.8M

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About HealthStream, Inc.

HealthStream, Inc. provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States. With a market capitalization of $736.8M, it sits in small-cap territory. The company offers hStream, a technology platform; CredentialStream, provides healthcare organizations with tools to support the provider lifecycle management from recruiting, application submission, verification of licensure and other credentials, privileging, appointments by credentialing committees, enrollment, network, management, onboarding, and performance evaluations of providers; ShiftWizard; and Competency Suite, AI/ML-driven clinical competency development system.

Key stats
Market Cap$736.8M
P/E (TTM)37.64
Fwd P/E29.16
EPS$0.67
Beta0.41
52W Change-11.1%
Dividend Yield0.52%
ROE5.6%
Analysis

With $66.5M in cash and $14.1M in debt, HSTM maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $49.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 5.6% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.8% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $266.8M to $304.1M.

With a beta below 0.7, HealthStream, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing HSTM.

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