Wall Street brokerages predict that Streamline Health Solutions, Inc. (NASDAQ:STRM – Get Rating) will post earnings per share (EPS) of ($0.08) for the current quarter, according to Zacks. Zero analysts have provided estimates for Streamline Health Solutions’ earnings. Streamline Health Solutions reported earnings of ($0.05) per share in the same quarter last year, which would indicate a negative year over year growth rate of 60%. The company is scheduled to announce its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Streamline Health Solutions will report full-year earnings of ($0.24) per share for the current financial year. For the next year, analysts expect that the business will post earnings of ($0.35) per share. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Streamline Health Solutions.
Several brokerages have recently weighed in on STRM. Colliers Securities reiterated a “buy” rating on shares of Streamline Health Solutions in a report on Tuesday, March 22nd. StockNews.com initiated coverage on shares of Streamline Health Solutions in a research note on Tuesday. They issued a “sell” rating for the company.
Shares of Streamline Health Solutions stock traded up $0.07 during trading on Wednesday, hitting $1.48. The company’s stock had a trading volume of 105,073 shares, compared to its average volume of 51,939. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. Streamline Health Solutions has a 52 week low of $1.22 and a 52 week high of $2.29. The stock has a market capitalization of $70.45 million, a PE ratio of -7.40 and a beta of 0.77. The firm’s 50-day moving average is $1.48.
A hedge fund recently bought a new stake in Streamline Health Solutions stock. Millennium Management LLC bought a new position in Streamline Health Solutions, Inc. (NASDAQ:STRM – Get Rating) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 82,136 shares of the company’s stock, valued at approximately $145,000. Millennium Management LLC owned about 0.19% of Streamline Health Solutions as of its most recent filing with the Securities & Exchange Commission. 35.98% of the stock is currently owned by hedge funds and other institutional investors.
Streamline Health Solutions Company Profile (Get Rating)
Streamline Health Solutions, Inc provides health information technology solutions and associated services for hospitals and health systems in the United States and Canada. It provides computer software-based solutions and auditing services, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights.
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