Should I buy or sell Quipt Home Medical stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quipt Home Medical in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" QIPT shares. View QIPT analyst ratings or view top-rated stocks .

What is Quipt Home Medical's stock price target for 2024?

2 Wall Street analysts have issued 12-month price targets for Quipt Home Medical's stock. Their QIPT share price targets range from $10.00 to $10.00. On average, they expect the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 177.0% from the stock's current price. View analysts price targets for QIPT or view top-rated stocks among Wall Street analysts .

How have QIPT shares performed in 2024?

Quipt Home Medical's stock was trading at $5.09 on January 1st, 2024. Since then, QIPT stock has decreased by 29.1% and is now trading at $3.61. View the best growth stocks for 2024 here .

When is Quipt Home Medical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our QIPT earnings forecast .

How were Quipt Home Medical's earnings last quarter?

Quipt Home Medical Corp. (NASDAQ:QIPT) posted its quarterly earnings results on Wednesday, February, 14th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business earned $65.36 million during the quarter, compared to the consensus estimate of $63.43 million. Quipt Home Medical had a negative trailing twelve-month return on equity of 3.57% and a negative net margin of 1.50%.

Who are Quipt Home Medical's major shareholders?

Quipt Home Medical's stock is owned by a number of institutional and retail investors. Top institutional investors include Bridge City Capital LLC (0.11%).

How do I buy shares of Quipt Home Medical?

Shares of QIPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:QIPT

Quipt Home Medical (QIPT) Stock Price, News & Analysis

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$3.50

-0.11 (-3.05%)

(As of 10:10 AM ET)

Compare

Today's Range: $3.47
▼
$3.62
50-Day Range: $3.61
▼
$4.91
52-Week Range: $3.47
▼
$6.63

Volume: 52,941 shs
Average Volume: 133,396 shs
Market Capitalization: $149.00 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.00

Get Quipt Home Medical alerts:

Quipt Home Medical MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 177.0% Upside
$10.00 Price Target
Short Interest: Healthy
1.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 225.00%
From $0.04 to $0.13 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.07 out of 5 stars

Medical Sector

548th out of 913 stocks

Surgical & Medical Instruments Industry

59th out of 96 stocks

3.3

Analyst's Opinion

Consensus Rating
Quipt Home Medical has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Quipt Home Medical has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.42% of the float of Quipt Home Medical has been sold short.
Short Interest Ratio / Days to Cover
Quipt Home Medical has a short interest ratio ("days to cover") of 4.3.
Change versus previous month
Short interest in Quipt Home Medical has recently decreased by 6.88%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Quipt Home Medical does not currently pay a dividend.
Dividend Growth
Quipt Home Medical does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for QIPT.

0.0

News and Social Media Coverage

MarketBeat Follows
Only 3 people have added Quipt Home Medical to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Quipt Home Medical insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Quipt Home Medical is held by insiders.
Percentage Held by Institutions
42.85% of the stock of Quipt Home Medical is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Quipt Home Medical are expected to grow by 225.00% in the coming year, from $0.04 to $0.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Quipt Home Medical is -40.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Quipt Home Medical is -40.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Quipt Home Medical has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Quipt Home Medical Stock (NASDAQ:QIPT)

Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States. The company offers nebulizers, oxygen concentrators, and CPAP and BiPAP units; traditional and non-traditional durable medical respiratory equipment and services; non-invasive ventilation equipment, supplies, and services; and engages in the rental of medical equipment. It offers management of various chronic disease states focusing on patients with heart and pulmonary disease, sleep apnea, reduced mobility, and other chronic health conditions. The company was formerly known as Protech Home Medical Corp. and changed its name to Quipt Home Medical Corp. in May 2021. Quipt Home Medical Corp. is headquartered in Wilder, Kentucky.

QIPT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

QIPT Stock News Headlines

March 28, 2024 | finanznachrichten.de

Quipt Home Medical Corp.: Quipt Home Medical Announces Voting Results from Its Annual General and Special Meeting of Shareholders

March 28, 2024 | ca.finance.yahoo.com

Stocks in play: Quipt Home Medical Corp

April 18, 2024 | Paradigm Press (Ad)

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March 28, 2024 | globenewswire.com

Quipt Home Medical Announces Voting Results from Its Annual General and Special Meeting of Shareholders

March 16, 2024 | finance.yahoo.com

QIPT Apr 2024 10.000 call

March 12, 2024 | globenewswire.com

Quipt Home Medical Announces Participation in the 36th Annual Roth Investor Conference on March 17-19, 2024

February 24, 2024 | benzinga.com

Quipt Home Medical Stock (NASDAQ:QIPT), Short Interest Report

February 16, 2024 | realmoney.thestreet.com

Quipt Home Medical just downgraded at Raymond James, here's why

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 14, 2024 | seekingalpha.com

Quipt Home Medical GAAP EPS of -$0.01 beats by $0.01, revenue of $65.4M beats by $1.1M

February 14, 2024 | globenewswire.com

Quipt Home Medical Reports Strong Operating Performance With Record First Quarter Fiscal 2024 Financial Results Posting Revenue Growth of 60% and Adjusted EBITDA Growth of 71%

February 7, 2024 | finance.yahoo.com

Quipt Home Medical Corp. (QIPT) Expected to Beat Earnings Estimates: Should You Buy?

February 1, 2024 | finance.yahoo.com

Quipt Home Medical Corp. to Announce Fiscal First Quarter 2024 Financial Results on February 14, 2024

December 22, 2023 | finance.yahoo.com

Wall Street Analysts See a 100% Upside in Quipt Home Medical Corp. (QIPT): Can the Stock Really Move This High?

December 15, 2023 | baystreet.ca

Canadian CPI Due Next Week

September 1, 2023 | finance.yahoo.com

Quipt Home Medical (TSE:QIPT) Is Doing The Right Things To Multiply Its Share Price

August 14, 2023 | finance.yahoo.com

Quipt Home Medical Reports Strong Operational Performance With Record Third Quarter Fiscal 2023 Financial Results Posting Revenue Growth of 64% and Adjusted EBITDA Growth of 80%

August 1, 2023 | finance.yahoo.com

Quipt Home Medical Corp. (TSE:QIPT) most popular amongst retail investors who own 60% of the shares, institutions hold 36%

August 1, 2023 | finance.yahoo.com

Quipt Home Medical Announces Date and Time for Fiscal Q3 2023 Conference Call and Audio Webcast

June 20, 2023 | finance.yahoo.com

Quipt Home Medical Announces Up-listing to the Toronto Stock Exchange

June 16, 2023 | finance.yahoo.com

An Intrinsic Calculation For Quipt Home Medical Corp. (CVE:QIPT) Suggests It's 21% Undervalued

June 9, 2023 | msn.com

LEEDE JONES GABLE Maintains Quipt Home Medical Corp (TSX:QIPT) Buy Recommendation

May 17, 2023 | markets.businessinsider.com

Quipt Home Medical (QIPT) Receives a Buy from M Partners

May 17, 2023 | markets.businessinsider.com

Quipt Home Medical (QIPT) Receives a Buy from Benchmark Co.

May 16, 2023 | finance.yahoo.com

Quipt Home Medical Reports Record Second Quarter Fiscal 2023 Financial Results Posting Revenue Growth of 73% and Adjusted EBITDA Growth of 86%

May 9, 2023 | theglobeandmail.com

Closing Bell: Quipt Home Medical Corp down on Monday (QIPT)

May 4, 2023 | theglobeandmail.com

Closing Bell: Quipt Home Medical Corp up on Wednesday (QIPT)

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Surgical & medical instruments
Sub-Industry: N/A
Current Symbol: NASDAQ:QIPT
CUSIP: N/A
CIK: 1540013
Web: www.protechhomemedical.com
Phone: 859-878-2220
Fax: N/A
Employees: 1,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.00
High Stock Price Target: $10.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +177.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.09)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 90.25
P/E Growth: N/A
Net Income: $-2,780,000.00
Net Margins: -1.50%
Pretax Margin: -1.51%
Return on Equity: -3.57%
Return on Assets: -1.54%

Debt

Debt-to-Equity Ratio: 0.67
Current Ratio: 1.13
Quick Ratio: 0.79

Sales & Book Value

Annual Sales: $221.74 million
Price / Sales: 0.69
Cash Flow: $0.85 per share
Price / Cash Flow: 4.26
Book Value: $2.64 per share
Price / Book: 1.37

Miscellaneous

Outstanding Shares: 42,570,000
Free Float: 40,784,000
Market Cap: $153.68 million
Optionable: Optionable
Beta: 0.60

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Key Executives

Mr. Gregory J. Crawford
Chairman, President & CEO
Mr. Hardik Mehta
Chief Financial Officer
Mr. David Bachelder
Executive Vice President of Operations
Mr. William Todd Zehnder (Age 49)
Chief Strategy Officer & Investor Relations
Comp: $308.24k
Cole Stevens
VP of Corporate Development & VP of Investor Relations
Mr. Mark Miles
Vice President of Information Technology
Mr. Thomas W. Roehrig (Age 58)
Executive Vice President of Finance
Mr. Robert Grossman LLB (Age 50)
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

QIPT Stock Analysis - Frequently Asked Questions

Should I buy or sell Quipt Home Medical stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quipt Home Medical in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" QIPT shares.
View QIPT analyst ratings or view top-rated stocks.
What is Quipt Home Medical's stock price target for 2024?: 2 Wall Street analysts have issued 12-month price targets for Quipt Home Medical's stock. Their QIPT share price targets range from $10.00 to $10.00. On average, they expect the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 177.0% from the stock's current price.
View analysts price targets for QIPT or view top-rated stocks among Wall Street analysts.
How have QIPT shares performed in 2024?: Quipt Home Medical's stock was trading at $5.09 on January 1st, 2024. Since then, QIPT stock has decreased by 29.1% and is now trading at $3.61.
View the best growth stocks for 2024 here.
When is Quipt Home Medical's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our QIPT earnings forecast.

How were Quipt Home Medical's earnings last quarter?: Quipt Home Medical Corp. (NASDAQ:QIPT) posted its quarterly earnings results on Wednesday, February, 14th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business earned $65.36 million during the quarter, compared to the consensus estimate of $63.43 million. Quipt Home Medical had a negative trailing twelve-month return on equity of 3.57% and a negative net margin of 1.50%.
Who are Quipt Home Medical's major shareholders?: Quipt Home Medical's stock is owned by a number of institutional and retail investors. Top institutional investors include Bridge City Capital LLC (0.11%).
How do I buy shares of Quipt Home Medical?: Shares of QIPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:QIPT) was last updated on 4/18/2024 by MarketBeat.com Staff

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