HSTMHealthStream, Inc.

$35.13+32% 1Y

$35.13

$19.8252 weeks$35.13

Is the price fair?

Fair

Neither cheap nor expensive: growth expectations in line with delivery and in its normal P/E range.

2 neutral, 1 without data

What the price assumes~+2% a yearderived · Jun 30, 2026

Priced for ~2% a year FCF growth. Roughly in line with its three-year revenue growth of 5% a year.

Vs its own P/E rangemid-range for this companyderived

In its normal range: P/E 48.8 vs a 55.8 median over 41 quarters (−13% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

HealthStream, Inc. trades at 48.8× earnings against 46.9× for the median Health Information Services name, more expensive than its own group.

48.8

Trailing P/E · Health Information Services median 46.9 · 1.04× the median: the market pays up for this one

Price / sales: 2.48
Price / sales · as of 2026-Q2
Free cash flow yield: 6.8%
Free cash flow yield · Health Information Services median 4.5%
Growth the price implies: +1.6%
Growth the price implies · The price pays for +1.6% free cash flow growth a year for a decade; the business has delivered +14% a year over the last three.

Details›

What the market has paid for these earnings: 41 quarters of its own multiple × $0.72 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$29.77
Its own P/E history, median	$40.17
Its own P/E history, upper quartile	$69.95
52-week range	$19.82 – $35.13
Today	$35.13

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.