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NASDAQ:QIPT

Quipt Home Medical - QIPT Stock Forecast, Price & News

$6.53
+0.05 (+0.77%)
(As of 03/21/2023 04:23 PM ET)
Add
Compare
Today's Range
$6.49
▼
$6.56
50-Day Range
$5.50
▼
$6.62
52-Week Range
$3.89
▼
$6.70
Volume
44,665 shs
Average Volume
99,301 shs
Market Capitalization
$235.34 million
P/E Ratio
32.65
Dividend Yield
N/A
Price Target
$11.75

Quipt Home Medical MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
80.2% Upside
$11.75 Price Target
Short Interest
Healthy
1.00% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.71mentions of Quipt Home Medical in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
66.67%
From $0.24 to $0.40 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Medical Sector

211th out of 988 stocks

Surgical & Medical Instruments Industry

17th out of 101 stocks

See Top Rated MarketRank™ Stocks Here

QIPT stock logo

About Quipt Home Medical (NASDAQ:QIPT) Stock

Quipt Home Medical Corp. provides in-home medical equipment and supplies, and respiratory and durable medical equipment in the United States. 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 also provides bariatric equipment, bathroom safety products, bilevel positive airway pressure, canes/crutches, continuous positive airway pressure, CPAP masks and accessories, hospital beds, humidifiers, nebulizers and compressors, oxygen concentrators, patient lifts, walkers, wheelchairs, and products for wound care. In addition, it offers ventilators; home-based sleep apnea and chronic obstructive pulmonary disease treatments; home-based healthcare logistics and services; medical supplies, medical equipment, mobility equipment, and respiratory equipment; and CPAP and BiPAP units, ventilation equipment and aids, daily and ambulatory aides, and equipment solutions, as well as home and hospital delivery, and oxygen therapy services. 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. was incorporated in 1993 and is headquartered in Wilder, Kentucky.

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QIPT Stock News Headlines

March 21, 2023 | finance.yahoo.com
Returns On Capital Are Showing Encouraging Signs At Quipt Home Medical (CVE:QIPT)
March 16, 2023 | americanbankingnews.com
Beyond Air (NASDAQ:XAIR) vs. Quipt Home Medical (NASDAQ:QIPT) Critical Review
March 21, 2023 | Investing Daily (Ad)
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February 21, 2023 | finance.yahoo.com
Quipt Home Medical Named as a Top Performing Company to the 2023 TSX Venture 50 List
February 14, 2023 | msn.com
Quipt Home Medical GAAP EPS of $0.01 in-line, revenue of $40.8M
February 10, 2023 | msn.com
Preview: Quipt Home Medical's Earnings
February 8, 2023 | finance.yahoo.com
Quipt Home Medical Corp.'s (CVE:QIPT) Stock Is Going Strong: Have Financials A Role To Play?
January 9, 2023 | uk.finance.yahoo.com
Analysts Just Made An Incredible Upgrade To Their Quipt Home Medical Corp. (CVE:QIPT) Forecasts
March 21, 2023 | Investor Place Media (Ad)
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December 27, 2022 | finance.yahoo.com
Quipt Home Medical reports 36.6% revenue gain in 2022 amid record-setting fourth quarter
December 21, 2022 | finance.yahoo.com
Quipt Home Medical Reports Record Fourth Quarter and Fiscal Year 2022 Financial Results Posting Positive Net Income, Revenue Growth of 37% and Adjusted EBITDA Growth of 37%
December 20, 2022 | msn.com
Earnings Outlook For Quipt Home Medical
December 14, 2022 | finance.yahoo.com
Quipt Home Medical Announces Date and Time for Q4 and Full Year Fiscal 2022 Conference Call and Audio Webcast
November 1, 2022 | theglobeandmail.com
Quipt Home Medical: Top 10 Undervalued Medical Devices & Instruments Industry Stocks (QIPT)
September 20, 2022 | bizjournals.com
Quipt Home Medical closes oversubscribed $110M financing round with CIT Bank
August 18, 2022 | finance.yahoo.com
Quipt Home Medical Corp. (CVE:QIPT) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
August 16, 2022 | seekingalpha.com
Quipt Home Medical Corp. (QIPT) CEO Greg Crawford on Q3 2022 Results - Earnings Call Transcript
August 11, 2022 | finance.yahoo.com
Quipt Home Medical to Participate at the Sidoti Virtual Investor Conference on August 17th – 18th
August 9, 2022 | finance.yahoo.com
UPDATE -- Quipt Announces Early Conversion of 2019 Convertible Debentures Strengthening Balance Sheet
August 3, 2022 | finance.yahoo.com
Quipt Home Medical Announces Date and Time for Fiscal Q3 2022 Conference Call and Audio Webcast
July 19, 2022 | finance.yahoo.com
Quipt Home Medical to Participate at the 42nd Annual Canaccord Growth Conference on August 8th - 11th
July 11, 2022 | finance.yahoo.com
Quipt Surpasses 200,000 Active Patients Adding Approximately $7 Million in Annualized Revenues, and Anticipated $1.4 Million of Adjusted EBITDA Post Integration
June 21, 2022 | finance.yahoo.com
Quipt Enters Louisiana Adding Approximately $6.5 Million in Annualized Revenues, and Anticipated $1.3 Million of Adjusted EBITDA (post integration) with Acquisition of Access Respiratory Homecare, LLC
June 9, 2022 | finance.yahoo.com
Is Now An Opportune Moment To Examine Quipt Home Medical Corp. (CVE:QIPT)?
June 7, 2022 | finance.yahoo.com
Quipt Expands in California with Acquisition of NorCal Respiratory Reaching 90 Locations Nationwide
May 19, 2022 | finance.yahoo.com
Quipt Home Medical to Present at the LD Micro Invitational
May 17, 2022 | seekingalpha.com
Quipt Home Medical Corp. (QIPT) CEO Greg Crawford on Q2 2022 Results - Earnings Call Transcript
See More Headlines
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QIPT Company Calendar

Last Earnings
2/13/2023
Today
3/21/2023
Next Earnings (Estimated)
5/15/2023
Fiscal Year End
9/30/2023
Get Stock Alerts

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$11.75
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+80.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.20
Trailing P/E Ratio
32.60
Forward P/E Ratio
27.17
P/E Growth
N/A
Net Income
$4.84 million
Net Margins
4.83%
Pretax Margin
3.69%
Return on Equity
9.94%
Return on Assets
5.78%

Debt

Debt-to-Equity Ratio
0.18
Current Ratio
1.05
Quick Ratio
0.60

Sales & Book Value

Annual Sales
$139.86 million
Price / Sales
1.68
Cash Flow
$0.78 per share
Price / Cash Flow
8.31
Book Value
$2.23 per share
Price / Book
2.92

Miscellaneous

Outstanding Shares
36,040,000
Free Float
34,523,000
Market Cap
$234.98 million
Optionable
Not Optionable
Beta
0.60

Key Executives

  • Mr. Gregory J. Crawford
    Chairman, Pres & CEO
  • Mr. Hardik Mehta
    Chief Financial Officer
  • Mr. Jerry Kirn
    VP of Operations
  • Mr. David Bachelder
    Exec. VP of Operations
  • Mr. William Todd Zehnder (Age 48)
    Chief Strategy Officer & Investor Relations
  • Cole Stevens
    VP of Corp. Devel. & VP of Investor Relations
  • Leslie Becker
    Exec. VP of Bus. Devel.
  • Dr. William Dana Frazier M.D. (Age 65)
    Chief Medical Officer
  • Mr. Mark Miles
    VP of Information Technology
  • Mr. Thomas W. Roehrig (Age 57)
    Exec. VP of Fin.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













QIPT Stock - Frequently Asked Questions

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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quipt Home Medical in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QIPT shares.
View QIPT analyst ratings or view top-rated stocks.

What is Quipt Home Medical's stock price forecast for 2023?

3 equities research analysts have issued 12-month price objectives for Quipt Home Medical's shares. Their QIPT share price forecasts range from $10.00 to $14.00. On average, they expect the company's stock price to reach $11.75 in the next twelve months. This suggests a possible upside of 80.2% 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 2023?

Quipt Home Medical's stock was trading at $4.71 on January 1st, 2023. Since then, QIPT shares have increased by 38.4% and is now trading at $6.52.
View the best growth stocks for 2023 here.

Are investors shorting Quipt Home Medical?

Quipt Home Medical saw a decline in short interest in February. As of February 28th, there was short interest totaling 347,900 shares, a decline of 15.3% from the February 13th total of 410,700 shares. Based on an average trading volume of 82,100 shares, the short-interest ratio is presently 4.2 days. Currently, 1.0% of the company's shares are sold short.
View Quipt Home Medical's Short Interest.

When is Quipt Home Medical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 15th 2023.
View our QIPT earnings forecast.

How were Quipt Home Medical's earnings last quarter?

Quipt Home Medical Corp. (NASDAQ:QIPT) released its quarterly earnings results on Monday, February, 13th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. The firm had revenue of $40.82 million for the quarter, compared to the consensus estimate of $41.27 million. Quipt Home Medical had a trailing twelve-month return on equity of 9.94% and a net margin of 4.83%.

What is Quipt Home Medical's stock symbol?

Quipt Home Medical trades on the NASDAQ under the ticker symbol "QIPT."

Who are Quipt Home Medical's major shareholders?

Quipt Home Medical's stock is owned by a variety of institutional and retail investors. Top institutional investors include CLARET ASSET MANAGEMENT Corp (11.42%), First Manhattan Co. (2.78%), Russell Investments Group Ltd. (1.84%), Boston Partners (1.03%), First Eagle Investment Management LLC (0.98%) and ARS Investment Partners LLC (0.24%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Quipt Home Medical's stock price today?

One share of QIPT stock can currently be purchased for approximately $6.52.

How much money does Quipt Home Medical make?

Quipt Home Medical (NASDAQ:QIPT) has a market capitalization of $234.98 million and generates $139.86 million in revenue each year. The company earns $4.84 million in net income (profit) each year or $0.20 on an earnings per share basis.

How can I contact Quipt Home Medical?

The official website for the company is www.protechhomemedical.com. The company can be reached via phone at 859-878-2220 or via email at investorinfo@myquipt.com.

This page (NASDAQ:QIPT) was last updated on 3/21/2023 by MarketBeat.com Staff