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Shares of HealthStream Rank the Highest in Terms of PEG Ratio in the Health Care Technology Industry (HSTM, ATHN, MDSO, HMSY, OMCL)

By Nick Russo

Below are the three companies in the Health Care Technology industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

HealthStream ranks highest with a a PEG ratio of 3.34. athenahealth is next with a a PEG ratio of 3.15. Medidata Solutions ranks third highest with a a PEG ratio of 3.11.

HMS Holdings follows with a a PEG ratio of 2.07, and Omnicell rounds out the top five with a a PEG ratio of 1.86.

SmarTrend recommended that subscribers consider buying shares of Omnicell on April 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $28.34. Since that recommendation, shares of Omnicell have risen 33.6%. We continue to monitor Omnicell for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest peg ratio healthstream Athenahealth medidata solutions hms holdings omnicell