Quipt Home Medical (QIPT) Stock Price, News & Analysis

Company Overview

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. 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 was formerly known as Protech Home Medical Corp. and changed its name to Quipt Home Medical Corp. in May 2021. Quipt Home Medical Corp. is headquartered in Wilder, Kentucky.

Key Stats

• Today's Range: C$3.62 to C$3.68
• 50-Day Range: C$3.59 to C$4.18
• 52-Week Range: C$3.52 to C$7.06
• Volume: 6,000 shs
• Average Volume: 30,169 shs
• Market Capitalization: C$157.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$10.00
• Consensus Rating: Buy

QIPT Stock Analysis - Frequently Asked Questions

How have QIPT shares performed this year?

Quipt Home Medical's stock was trading at C$6.75 at the beginning of the year. Since then, QIPT shares have decreased by 45.9% and is now trading at C$3.65.
View the best growth stocks for 2024 here.

How do I buy shares of Quipt Home Medical?

Shares of QIPT 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.
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What other stocks do shareholders of Quipt Home Medical own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Quipt Home Medical investors own include Block (SQ), AbCellera Biologics (ABCL), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), ASML (ASML), Broadcom (AVGO) and Booking (BKNG).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Medical
• Industry: Medical Devices
• Sub-Industry: Healthcare
• Current Symbol: TSE:QIPT
• CUSIP: N/A
• CIK: N/A
• Web: quipthomemedical.com
• Phone: 859-878-2220
• Fax: N/A
• Employees: 800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$10.00
• High Stock Price Target: C$10.00
• Low Stock Price Target: C$10.00
• Potential Upside/Downside: +172.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 53.62
• P/E Growth: N/A
• Net Income: C$-4,980,000.00
• Net Margins: -2.04%
• Pretax Margin: N/A
• Return on Equity: -4.51%
• Return on Assets: 1.15%

Debt

• Debt-to-Equity Ratio: 89.42
• Current Ratio: 1.11
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$244.23 million
• Price / Sales: 0.65
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$2.55 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 43,090,000
• Free Float: N/A
• Market Cap: C$158.14 million
• Optionable: Not Optionable
• Beta: 1.01