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 (QIPT)
NASDAQ:QIPT
Quipt Home Medical (QIPT) Stock Price & Analysis
49 Followers
QIPT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.96 - $6.02
Previous Close$3.18
Volume614.70K
Average Volume (3M)174.72K
Market Cap
$135.22M
Enterprise Value$212.72M
Total Cash (Recent Filing)$18.33M
Total Debt (Recent Filing)$95.83M
Price to Earnings (P/E)―
Beta0.66
Next Earnings
Aug 19, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding42,102,471
10 Day Avg. Volume363,320
30 Day Avg. Volume174,722
Standard Deviation0.11
R-Squared0.10
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-8.99
Price to Sales (P/S)0.60
Price to Cash Flow (P/CF)2.80
P/FCF Ratio2.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.86
Enterprise Value/Gross Profit1.30
Enterprise Value/Ebitda4.23
Forecast
1Y Price Target
$7.07Price Target Upside120.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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 PerformanceQuipt reports remarkable financial results with a significant 60% revenue growth and a 71% increase in Adjusted EBITDA, signaling strong operational efficiency and disciplined cost management.
Investor ConfidenceWith a robust cash balance and an active share repurchase program, Quipt signals strong financial health and confidence in its stock's potential for appreciation.
Strategic Business DevelopmentThe company's strategic decision to offer diabetes products, such as continuous glucose monitors, addresses the overlap between Type 2 diabetes and sleep apnea, providing a new avenue for growth.
Bears Say
Financial PerformanceFQ224 results were slightly below expectations due to headwinds from Medicare reimbursement changes and churn of Medicare Advantage customers.
Legal And Regulatory IssuesQuipt is currently being investigated by the US Department of Justice concerning potential submission of false claims to government programs for its CPAP equipment.
Operational DisruptionBilling and cash collection processes were disrupted due to a cyber-attack on Change Healthcare, creating a backlog of bill claims.
---
Ownership Overview
Currently, No data available
---
QIPT FAQ
What was Quipt Home Medical’s price range in the past 12 months?
Quipt Home Medical lowest stock price was $2.96 and its highest was $6.01 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 88 days.
How were Quipt Home Medical’s earnings last quarter?
Quipt Home Medical released its earnings results on May 15, 2024. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of $0.007 by -$0.037.
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 >-$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 -$0.03 in its last earnings report, missing expectations of $0.007. Following the earnings report the stock price went down -14.358%.
Which hedge fund is a major shareholder of Quipt Home Medical?
Currently, no hedge funds are holding shares in QIPT
---
Quipt Home Medical Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.07 (120.29% Upside)
$7.07 (120.29% Upside)
Blogger Sentiment
Bullish
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
-43.76%
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
$7.07
▲(120.29% Upside)
Technical Analysis
Quipt Home Medical
―
Wellbeing Digital Sciences Inc
―
HLS Therapeutics Inc
―
Adaptogenics Health Corp.
―
Best Analysts Covering QIPT
1 Year
1 Year Success Rate
14/33 ratings generated profit
1 Year Average Return
+4.53%
reiterated a buy rating 6 days ago
Copying Justin Keywood's trades and holding each position for 1 Year would result in 42.42% of your transactions generating a profit, with an average return of +4.53% per trade.
---