Quarterhill (QTRH) Stock Forecast, Price & News

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

3 analysts have issued 12-month target prices for Quarterhill's stock. Their QTRH share price forecasts range from C$1.50 to C$3.00. On average, they anticipate the company's share price to reach C$2.17 in the next twelve months. This suggests a possible upside of 65.4% from the stock's current price.
View analysts price targets for QTRH or view top-rated stocks among Wall Street analysts.

Quarterhill's stock was trading at C$1.58 at the beginning of the year. Since then, QTRH shares have decreased by 17.1% and is now trading at C$1.31.
View the best growth stocks for 2023 here.

Quarterhill Inc. (TSE:QTRH) posted its quarterly earnings results on Thursday, January, 29th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $27.48 million for the quarter, compared to analyst estimates of $28.34 million. Quarterhill had a negative net margin of 38.50% and a negative trailing twelve-month return on equity of 26.10%.

Quarterhill declared a quarterly dividend on Thursday, December 8th. Shareholders of record on Monday, January 9th will be paid a dividend of 0.0125 per share on Monday, January 9th. This represents a $0.05 annualized dividend and a yield of 3.82%. The ex-dividend date is Thursday, December 8th.
Read our dividend analysis for QTRH.

Quarterhill (TSE:QTRH) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 3.85%.
Read our dividend analysis for QTRH.

Based on aggregate information from My MarketBeat watchlists, some companies that other Quarterhill investors own include TELUS (T), Ballard Power Systems (BLDP), 10094 (IRD.TO) (IRD), Superior Plus (SPB), Algonquin Power & Utilities (AQN), Chorus Aviation (CHR), Toronto-Dominion Bank (TD), Mitel Networks (MNW), Alamos Gold (AGI) and BlackBerry (BB).

Quarterhill trades on the Toronto Stock Exchange (TSX) under the ticker symbol "QTRH."

Shares of QTRH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

One share of QTRH stock can currently be purchased for approximately C$1.31.

Quarterhill (TSE:QTRH) has a market capitalization of C$150.18 million and generates C$181.18 million in revenue each year. The company earns C$-69,750,000.00 in net income (profit) each year or C($0.62) on an earnings per share basis.

The company employs 562 workers across the globe.

Quarterhill's mailing address is 303 Terry Fox Dr Suite 300, KANATA, ON K2K 3J1, Canada. The official website for the company is www.quarterhill.com. The company can be reached via phone at 613-688-4900.