Quipt Home Medical (NASDAQ:QIPT - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, May 15th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Quipt Home Medical (NASDAQ:QIPT - Get Free Report) last announced its earnings results on Wednesday, February 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.02. The company had revenue of $65.36 million for the quarter, compared to analyst estimates of $63.43 million. Quipt Home Medical had a negative return on equity of 3.57% and a negative net margin of 1.50%. On average, analysts expect Quipt Home Medical to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Quipt Home Medical Stock Up 1.5 %
NASDAQ QIPT traded up $0.06 during trading on Wednesday, hitting $4.07. The company's stock had a trading volume of 101,422 shares, compared to its average volume of 145,758. Quipt Home Medical has a fifty-two week low of $3.42 and a fifty-two week high of $6.63. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.13 and a quick ratio of 0.79. The company has a market cap of $173.26 million, a PE ratio of -44.55 and a beta of 0.68. The business's 50 day simple moving average is $4.03 and its 200-day simple moving average is $4.50.
Wall Street Analyst Weigh In
Separately, Raymond James downgraded Quipt Home Medical from an "outperform" rating to a "market perform" rating and set a $10.00 target price for the company. in a report on Friday, February 16th.
Check Out Our Latest Stock Report on QIPT
Quipt Home Medical Company Profile
(
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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.
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