Streamline Health Solutions Stock Today

STRM Stock  USD 0.33  0.03  7.78%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 51

 
High
 
Low
Average
Streamline Health is selling at 0.332 as of the 18th of April 2024; that is -7.78 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.33. Streamline Health has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Streamline Health Solutions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
18th of April 1996
Category
Healthcare
Classification
Health Care
Streamline Health Solutions, Inc. offers health information technology solutions and associated services for hospitals and health systems in the United States and Canada. Streamline Health Solutions, Inc. was incorporated in 1989 and is based in Alpharetta, Georgia. The company has 59.09 M outstanding shares of which 58.15 K shares are at this time shorted by private and institutional investors with about 1.08 trading days to cover. More on Streamline Health Solutions

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Streamline Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Streamline Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Streamline Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorDavid Sides
Business ConcentrationHealth Care Technology, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Composite Total, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Streamline Health report their recommendations after researching Streamline Health's financial statements, talking to executives and customers, or listening in on Streamline Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Streamline Health. The Streamline consensus assessment is calculated by taking the average forecast from all of the analysts covering Streamline Health.
Financial Strength
Based on the key indicators obtained from Streamline Health's historical financial statements, Streamline Health Solutions may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of Streamline Health is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.80.47
Way Up
Slightly volatile
Gross Profit Margin0.40.42
Sufficiently Down
Pretty Stable
Total Current Liabilities10 M19.3 M
Way Down
Slightly volatile
Total Assets74.3 M70.7 M
Sufficiently Up
Slightly volatile
Total Current Assets12.8 M18.4 M
Way Down
Very volatile
Streamline Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Streamline Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Streamline Health's financial leverage. It provides some insight into what part of Streamline Health's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Streamline Health's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Streamline Health deploys its capital and how much of that capital is borrowed.
Liquidity
Streamline Health cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 9.75 M in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. Streamline Health has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Streamline Health until it has trouble settling it off, either with new capital or with free cash flow. So, Streamline Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Streamline Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Streamline to invest in growth at high rates of return. When we think about Streamline Health's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

2.1 Million
Streamline Health Solutions (STRM) is traded on NASDAQ Exchange in USA. It is located in 2400 Old Milton Pkwy, Alpharetta, GA, United States, 30009 and employs 112 people. Streamline Health is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Streamline Health's market, we take the total number of its shares issued and multiply it by Streamline Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Streamline Health conducts business under Health Care Technology sector and is part of Health Care industry. The entity has 59.09 M outstanding shares of which 58.15 K shares are at this time shorted by private and institutional investors with about 1.08 trading days to cover. Streamline Health Solutions currently holds about 5.92 M in cash with (7.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Streamline Health Probability Of Bankruptcy
Ownership Allocation
Streamline Health maintains a total of 59.09 Million outstanding shares. Streamline Health maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Streamline Ownership Details

Streamline Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Streamline Health jumping above the current price in 90 days from now is over 95.81%. The Streamline Health Solutions probability density function shows the probability of Streamline Health stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.0377. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Streamline Health will likely underperform. Additionally, streamline Health Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.33HorizonTargetOdds Above 0.33
4.17%90 days
 0.33 
95.81%
Based on a normal probability distribution, the odds of Streamline Health to move above the current price in 90 days from now is over 95.81 (This Streamline Health Solutions probability density function shows the probability of Streamline Stock to fall within a particular range of prices over 90 days) .

Streamline Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Streamline Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Streamline Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Streamline Health's value.
InstituionRecorded OnShares
Townsquare Capital Llc2023-12-31
135.4 K
Hightower Advisors, Llc2023-12-31
125 K
Mesirow Fin Investmt Mgmt Intl Equity2023-12-31
123.9 K
Citadel Advisors Llc2023-09-30
117.9 K
State Street Corporation2023-12-31
115.6 K
Alera Investment Advisors, Llc2023-12-31
100 K
Northern Trust Corp2023-12-31
71 K
Spouting Rock Asset Management, Llc2023-12-31
63.1 K
Mckinley Carter Wealth Services Inc2023-12-31
60 K
Tamarack Advisers, Lp2023-12-31
4.9 M
Harbert Fund Advisors Inc2023-12-31
4.8 M
View Streamline Health Diagnostics

Streamline Health Historical Income Statement

Streamline Health Solutions Income Statement is one of the three primary financial statements used for reporting Streamline's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Streamline Health revenue and expense. Streamline Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Streamline Health's Income Tax Expense is very stable compared to the past year. As of the 18th of April 2024, Selling General Administrative is likely to grow to about 17.7 M, while Total Revenue is likely to drop about 18.9 M. View More Fundamentals

Streamline Stock Against Markets

Picking the right benchmark for Streamline Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Streamline Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Streamline Health is critical whether you are bullish or bearish towards Streamline Health Solutions at a given time. Please also check how Streamline Health's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Streamline Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Streamline Health Corporate Directors

Streamline Health corporate directors refer to members of a Streamline Health board of directors. The board of directors generally takes responsibility for the Streamline Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Streamline Health's board members must vote for the resolution. The Streamline Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Wyche GreenDirectorProfile
Kenan LucasDirectorProfile
Michael ValentineIndependent DirectorProfile
Allen MoseleyIndependent DirectorProfile

How to buy Streamline Stock?

Before investing in Streamline Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Streamline Health. To buy Streamline Health stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Streamline Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Streamline Health stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Streamline Health Solutions stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Streamline Health Solutions stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Streamline Health Solutions, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Streamline Stock please use our How to Invest in Streamline Health guide.

Already Invested in Streamline Health Solutions?

The danger of trading Streamline Health Solutions is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Streamline Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Streamline Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Streamline Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Streamline Health is a strong investment it is important to analyze Streamline Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Streamline Health's future performance. For an informed investment choice regarding Streamline Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Streamline Health Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Streamline Health's price analysis, check to measure Streamline Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Streamline Health is operating at the current time. Most of Streamline Health's value examination focuses on studying past and present price action to predict the probability of Streamline Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Streamline Health's price. Additionally, you may evaluate how the addition of Streamline Health to your portfolios can decrease your overall portfolio volatility.
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Is Streamline Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Streamline Health. If investors know Streamline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Streamline Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
12.131
Earnings Share
(0.35)
Revenue Per Share
0.428
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.11)
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Streamline Health's market value can be influenced by many factors that don't directly affect Streamline Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.