Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Quipt Home Medical (TSE:QIPT)
TSX:QIPT
Quipt Home Medical (QIPT) Stock Price & Analysis
98 Followers
QIPT Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$4.23 - C$8.12
Previous CloseC$4.26
Volume269.36K
Average Volume (3M)30.81K
Market Cap
C$181.35M
Enterprise ValueC$287.12M
Total Cash (Recent Filing)$18.33M
Total Debt (Recent Filing)$95.83M
Price to Earnings (P/E)-30.3
Beta0.62
Next Earnings
Aug 19, 2024EPS Estimate
<C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding42,102,471
10 Day Avg. Volume65,748
30 Day Avg. Volume30,806
Standard Deviation0.15
R-Squared0.11
Alpha0.00769
Financial Highlights & Ratios
Price to Book (P/B)-8.99
Price to Sales (P/S)0.82
Price to Cash Flow (P/CF)2.80
P/FCF Ratio2.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.17
Enterprise Value/Gross Profit1.75
Enterprise Value/Ebitda5.71
Forecast
1Y Price Target
C$9.11Price Target Upside113.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Quipt Home Medical News
PremiumCompany Announcements
Quipt Home Medical Reports Solid Growth in Q2
PremiumCompany Announcements
Quipt Home Medical Reports Positive Q2 Growth
Bulls Say, Bears Say
Bulls Say
Financial StrengthQuipt showcases financial robustness with a sizeable cash balance and the announcement of a share repurchase program, signaling confidence in its future and potential for increased shareholder value.
Operational PerformanceQuipt's impressive year-over-year revenue growth and Adjusted EBITDA margin expansion reflect strong operational execution and the successful integration of recent acquisitions, indicating potential for sustained financial improvement.
Strategic ExpansionQuipt is broadening its product offerings by introducing diabetes products, targeting the meaningful overlap between Type 2 diabetes and sleep apnea patients, which could drive significant growth.
Bears Say
Financial PerformanceFQ224 results were slightly below expectations due to headwinds from Medicare reimbursement changes and churn of Medicare Advantage customers.
Legal IssuesQuipt is currently being investigated by the US Department of Justice concerning potential submission of false claims for CPAP equipment.
Operational DisruptionBilling and cash collection processes were disrupted due to a cyber-attack on Change Healthcare, creating a backlog of bill claims.
---
QIPT FAQ
What was Quipt Home Medical’s price range in the past 12 months?
Quipt Home Medical lowest stock price was C$4.23 and its highest was C$8.12 in the past 12 months.
What is Quipt Home Medical’s market cap?
Currently, no data Available
When is Quipt Home Medical’s upcoming earnings report date?
Quipt Home Medical’s upcoming earnings report date is Aug 19, 2024 which is in 92 days.
How were Quipt Home Medical’s earnings last quarter?
Quipt Home Medical released its earnings results on May 15, 2024. The company reported -C$0.041 earnings per share for the quarter, missing the consensus estimate of C$0.01 by -C$0.05.
Is Quipt Home Medical overvalued?
According to Wall Street analysts Quipt Home Medical’s price is currently Undervalued.
Does Quipt Home Medical pay dividends?
Quipt Home Medical does not currently pay dividends.
What is Quipt Home Medical’s EPS estimate?
Quipt Home Medical’s EPS estimate is <C$0.01.
How many shares outstanding does Quipt Home Medical have?
Quipt Home Medical has 42,571,520 shares outstanding.
What happened to Quipt Home Medical’s price movement after its last earnings report?
Quipt Home Medical reported an EPS of -C$0.041 in its last earnings report, missing expectations of C$0.01. Following the earnings report the stock price went down -14.444%.
Which hedge fund is a major shareholder of Quipt Home Medical?
Currently, no hedge funds are holding shares in TSE:QIPT
---
Quipt Home Medical Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$9.11 (113.85% Upside)
C$9.11 (113.85% Upside)
Blogger Sentiment
Bullish
TSE:QIPT Sentiment 100%
Sector Average 70%
Sector Average 70%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.88%
12-Months-Change
Fundamentals
Return on Equity
-4.47%
Trailing 12-Months
Asset Growth
10.22%
Trailing 12-Months
Company Description
Quipt Home Medical
Protech Home Medical Corp provides in-home monitoring equipment, supplies and services to patients. The company's services consist of Daily & Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea & PAP Treatment.
---
QIPT Stock 12 Month Forecast
Average Price Target
C$9.11
▲(113.85% Upside)
Technical Analysis
Wellbeing Digital Sciences Inc
―
Adaptogenics Health Corp.
―
HLS Therapeutics Inc
―
Best Analysts Covering QIPT
1 Year
1 Year Success Rate
13/33 ratings generated profit
1 Year Average Return
+4.32%
reiterated a buy rating 3 days ago
Copying Justin Keywood's trades and holding each position for 1 Year would result in 39.39% of your transactions generating a profit, with an average return of +4.32% per trade.
---