HEALTHSTREAM INC (HSTM)
Services-Computer Programming, Data Processing, Etc.
Latest Price
$29.65
TTM P/E
41.18
Normalized P/E
56.58
Div Yield
0.45%
Book Value
12.17
P/B Ratio
2.44
Valuation metrics
adjust assumptions →EPS: $0.61
Book value / share: $11.97
Formula: √(22.5 × EPS × BVPS)
Graham Number
$12.82
57% downside
Norm. op. income: $16M (median of 7yr)
Tax rate: 21%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$5.45
82% downside
Base FCF: $56M (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$50.00
+69% upside
EPS: $0.61
Target P/E: 57×
Formula: EPS × P/E
P/E Fair Value
$34.77
+17% upside
Institutional Ownership
73.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4.08M | $111.0M | 13.95% | +228.2K | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 1.56M | $42.0M | 5.33% | +101.9K | 2026-06-30 |
| Copeland Capital Management, LLC | 1.25M | $34.0M | 4.27% | -28.4K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.05M | $28.0M | 3.57% | -2.6K | 2026-06-30 |
| STATE STREET CORP | 1.00M | $27.0M | 3.43% | +8.6K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 880.5K | $23.0M | 3.01% | -41.3K | 2026-06-30 |
| TWO SIGMA INVESTMENTS, LP | 805.6K | $21.0M | 2.76% | -- | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 779.2K | $21.0M | 2.66% | +64.5K | 2026-06-30 |
| GOLDMAN SACHS GROUP INC | 665.9K | $18.0M | 2.28% | +391.5K | 2026-06-30 |
| JPMORGAN CHASE & CO | 635.6K | $17.0M | 2.17% | +182.7K | 2026-06-30 |