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Germany urged to cap heat in offices this winter to save gas
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Former Deutsche Bank Co-CEO Anshu Jain dies
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Former Deutsche Bank Co-CEO Anshu Jain dies
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Former Deutsche Bank Co-CEO Anshu Jain dies
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Germany urged to cap heat in offices this winter to save gas
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
TSE:QTRH

Quarterhill - QTRH Stock Forecast, Price & News

C$1.97
-0.03 (-1.50%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
C$1.96
C$2.06
50-Day Range
C$1.74
C$2.30
52-Week Range
C$1.72
C$2.98
Volume
80,612 shs
Average Volume
145,826 shs
Market Capitalization
C$224.48 million
P/E Ratio
6.79
Dividend Yield
2.50%
Price Target
C$3.25

Quarterhill MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
44.7% Upside
C$2.85 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.30mentions of Quarterhill in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
C$71,409 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.70 out of 5 stars

QTRH stock logo

About Quarterhill (TSE:QTRH) Stock

Quarterhill Inc. operates in the intelligent transportation system and intellectual property licensing industries worldwide. Its Licensing segment includes patents relating to wireless communications, memory interface technologies, semiconductor manufacturing and packaging technologies, wired connectivity, automotive applications, computer gaming, intelligent personal assistant technologies, enhanced image processing, streaming video technologies, non-volatile Flash memory, DRAM and other memory technologies, and semiconductor analog circuitry technologies. The company's Intelligent Systems segment provides international road dynamics products and services, such as red light and speed enforcement systems, automated truck weigh stations; toll road systems and equipment; traffic management and safety systems; VectorSense, a tire sensor suite; Vehicle Information-In-Motion, a traffic intelligence system; integrated traffic control systems; permanent and portable slow speed weigh-in-motion systems; portable wheel load scales; traffic data collection products; vehicle and axle detection equipment; and automated vehicle identification services and equipment, and other hardware and software products and offerings for the intelligent transportation systems industry. This segment serves through direct salespeople, distributors, agents, contractors, and systems integrators. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.

Quarterhill Price Performance

Shares of TSE:QTRH opened at C$1.97 on Friday. The stock has a market cap of C$224.48 million and a PE ratio of 6.79. Quarterhill has a 52 week low of C$1.72 and a 52 week high of C$2.98. The company has a quick ratio of 2.68, a current ratio of 2.92 and a debt-to-equity ratio of 38.90. The company's fifty day moving average is C$2.03 and its 200 day moving average is C$2.19.

Quarterhill Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 8th. Shareholders of record on Friday, July 8th were issued a dividend of $0.0125 per share. The ex-dividend date was Thursday, June 16th. This represents a $0.05 dividend on an annualized basis and a yield of 2.54%. Quarterhill's dividend payout ratio is currently 17.24%.

Wall Street Analyst Weigh In

QTRH has been the topic of several recent research reports. Raymond James dropped their price target on Quarterhill from C$3.25 to C$2.75 and set an "outperform" rating on the stock in a research note on Friday. CIBC lowered their price objective on shares of Quarterhill from C$4.00 to C$3.50 and set an "outperform" rating for the company in a research report on Friday. Finally, Cormark decreased their target price on shares of Quarterhill from C$3.00 to C$2.40 and set a "speculative buy" rating on the stock in a research note on Friday.

Insiders Place Their Bets

In other Quarterhill news, Senior Officer Rish Malhotra purchased 20,000 shares of the firm's stock in a transaction that occurred on Thursday, June 16th. The shares were bought at an average price of C$1.97 per share, with a total value of C$39,400.00. Following the completion of the purchase, the insider now directly owns 42,607 shares in the company, valued at C$83,935.79. In related news, Senior Officer Rish Malhotra bought 20,000 shares of the stock in a transaction that occurred on Thursday, June 16th. The stock was bought at an average cost of C$1.97 per share, for a total transaction of C$39,400.00. Following the purchase, the insider now directly owns 42,607 shares of the company's stock, valued at C$83,935.79. Also, Senior Officer Prashant Watchmaker sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of C$2.10, for a total transaction of C$31,500.00. Following the transaction, the insider now directly owns 91,151 shares of the company's stock, valued at C$191,417.10.

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QTRH Stock News Headlines

Quarterhill (TSE:QTRH) PT Lowered to C$2.75
Quarterhill's (TSE:QTRH) Dividend Will Be CA$0.013
See More Headlines
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QTRH Company Calendar

Last Earnings
1/29/2015
Ex-Dividend for 7/8 Dividend
6/16/2022
Dividend Payable
7/08/2022
Today
8/14/2022

Industry, Sector and Symbol

Industry
Communication Equipment
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
562
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$2.85
High Stock Price Forecast
C$3.50
Low Stock Price Forecast
C$2.40
Forecasted Upside/Downside
+65.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$274.88 million
Cash Flow
C$0.46 per share
Book Value
C$2.58 per share

Miscellaneous

Free Float
N/A
Market Cap
C$224.48 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Bret Kidd (Age 54)
    Pres, CEO & Director
    Comp: $3.02M
  • Mr. Prashant R. Watchmaker
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Rish Malhotra
    CEO & Pres of International Road Dynamics
  • Mr. John H. Karnes Jr. (Age 60)
    Chief Financial Officer
  • Mr. Andrew Parolin
    CEO & Pres of WiLAN
  • Mr. Paul Sunderland
    Interim Pres & CEO of VIZIYA
  • Mr. Kevin Holbert
    Pres & CEO of ETC
  • Mr. Paul Richman (Age 79)
    Sr. Advisor to Board of Directors













QTRH Stock - Frequently Asked Questions

Should I buy or sell Quarterhill stock right now?

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

What is Quarterhill's stock price forecast for 2022?

3 analysts have issued 12-month target prices for Quarterhill's shares. Their QTRH share price forecasts range from C$2.40 to C$3.50. On average, they predict the company's stock price to reach C$2.85 in the next year. This suggests a possible upside of 44.7% from the stock's current price.
View analysts price targets for QTRH
or view top-rated stocks among Wall Street analysts.

How have QTRH shares performed in 2022?

Quarterhill's stock was trading at C$2.70 at the start of the year. Since then, QTRH shares have decreased by 27.0% and is now trading at C$1.97.
View the best growth stocks for 2022 here
.

How were Quarterhill's earnings last quarter?

Quarterhill Inc. (TSE:QTRH) posted its quarterly earnings results on Thursday, January, 29th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. The business earned $27.48 million during the quarter, compared to the consensus estimate of $28.34 million.

How often does Quarterhill pay dividends? What is the dividend yield for Quarterhill?

Quarterhill announced a quarterly dividend on Thursday, June 16th. Shareholders of record on Friday, July 8th will be paid a dividend of 0.0125 per share on Friday, July 8th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Thursday, June 16th.
Read our dividend analysis for QTRH
.

Is Quarterhill a good dividend stock?

Quarterhill (TSE:QTRH) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 2.50%. The dividend payout ratio is 17.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for QTRH.

What other stocks do shareholders of Quarterhill own?

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).

What is Quarterhill's stock symbol?

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

How do I buy shares of Quarterhill?

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.

What is Quarterhill's stock price today?

One share of QTRH stock can currently be purchased for approximately C$1.97.

How much money does Quarterhill make?

Quarterhill (TSE:QTRH) has a market capitalization of C$224.48 million and generates C$274.88 million in revenue each year.

How many employees does Quarterhill have?

The company employs 562 workers across the globe.

How can I contact Quarterhill?

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.

This page (TSE:QTRH) was last updated on 8/14/2022 by MarketBeat.com Staff

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