Beacon Securities Comments on Patient Home Monitoring Corp.’s FY2016 Earnings (PHM)
Patient Home Monitoring Corp. (CVE:PHM) – Equities researchers at Beacon Securities decreased their FY2016 earnings per share (EPS) estimates for shares of Patient Home Monitoring Corp. in a report released on Monday, according to Zacks Investment Research. Beacon Securities analyst D. Cooper now expects that the firm will earn $0.05 per share for the year, down from their prior estimate of $0.13.
Separately, Mackie decreased their price objective on shares of Patient Home Monitoring Corp. from C$2.50 to C$1.25 and set a “buy” rating for the company in a report on Thursday, October 15th.
Patient Home Monitoring Corp. is engaged in providing services to patients in home monitoring and chronic disease management, as well as acquiring other companies operating in the United States healthcare service and product sectors. The Company’s subsidiaries include PHM Home Monitoring Corp., Stancap Holdings I Limited, Healthcare Logistics Corporation, Patient Home Monitoring, Inc., Hollywood Healthcare Corporation, Resource Health Investors, Inc., Resource Medical Group, LLC, Resource Health Investors Charleston, Inc., Resource Medical Group Charleston, LLC, Care Medical Partners, LLC, Care Medical of Athens, Inc., Care Medical Atlanta, LLC, PHM Health Management, Care Medical of Augusta, LLC, Care Medical of Gainsville, LLC, Care Medical Savannah, LLC and PHM DME Healthcare, Inc.
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