Quipt Home Medical Corp. (QIPT)

NASDAQ: QIPT · Real-Time Price · USD
2.490
+0.080 (3.32%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.32%
Market Cap 107.04M
Revenue (ttm) 245.92M
Net Income (ttm) -6.76M
Shares Out 43.09M
EPS (ttm) -0.16
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 472,273
Open 2.410
Previous Close 2.410
Day's Range 2.390 - 2.620
52-Week Range 2.304 - 5.290
Beta 1.03
Analysts Strong Buy
Price Target 7.67 (+208.03%)
Earnings Date Dec 16, 2024

About QIPT

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, reduce... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1993
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol QIPT
Full Company Profile

Financial Performance

In 2024, Quipt Home Medical's revenue was $245.92 million, an increase of 16.17% compared to the previous year's $211.68 million. Losses were -$6.76 million, 142.9% more than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for QIPT stock is "Strong Buy." The 12-month stock price forecast is $7.67, which is an increase of 208.03% from the latest price.

Price Target
$7.67
(208.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Struggling For Air: Quipt Home Medical's Growth Hurdles And Recovery Potential

Quipt Home Medical's recurring revenue model and strong gross margins provide stability, despite recent setbacks and a 50% stock drop this year. Operational challenges, including Medicare policy chang...

1 day ago - Seeking Alpha

Quipt Home Medical Corp. (QIPT) Q4 2024 Earnings Call Transcript

Quipt Home Medical Corp. (NASDAQ:QIPT) Q4 2024 Earnings Conference Call December 17, 2024 10:00 AM ET Company Participants Greg Crawford - Chairman & Chief Executive Officer Hardik Mehta - Chief Fina...

3 days ago - Seeking Alpha

Quipt Home Medical Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Posts Strong Adjusted EBITDA Margin‎ 1 ‎for Fiscal Year 2024 and Returns to Positive Sequential Growth in Fiscal Q4 2024

4 days ago - GlobeNewsWire

Quipt Home Medical Corp. to Announce Fiscal Fourth Quarter and Full Year 2024 Financial Results on December 16, 2024

CINCINNATI, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care,...

17 days ago - GlobeNewsWire

Quipt Home Medical: Deep Value With Explosive Upside

Value investing principles from Benjamin Graham emphasize buying undervalued stocks based on arithmetic, not optimism, especially in a record high market. Quipt is significantly undervalued with a $25...

2 months ago - Seeking Alpha

Quipt Home Medical Corp. (QIPT) Q3 2024 Earnings Call Transcript

Quipt Home Medical Corp. (NASDAQ:QIPT) Q3 2024 Results Conference Call August 15, 2024 10:00 AM ET Company Participants Greg Crawford - Chairman, CEO Hardik Mehta - CFO Conference Call Participants R...

4 months ago - Seeking Alpha

Quipt Home Medical Reports Third Quarter Fiscal 2024 Financial Results

CINCINNATI, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S.-based home medical equipment provider, focused on end-to-end respiratory care, ...

4 months ago - GlobeNewsWire

Quipt Home Medical Corp. to Announce Fiscal Third Quarter 2024 Financial Results on August 14, 2024

CINCINNATI, July 31, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care,...

5 months ago - GlobeNewsWire

Quipt Home Medical Corp. (QIPT) Q2 2024 Earnings Call Transcript

Quipt Home Medical Corp. (NASDAQ:QIPT) Q2 2024 Earnings Conference Call May 16, 2024 10:00 AM ET Company Participants Greg Crawford - Chairman, CEO Hardik Mehta - CFO Conference Call Participants Ric...

7 months ago - Seeking Alpha

Quipt Home Medical Reports Second Quarter Fiscal 2024 Financial Results Posting Revenue Growth of 10% and Adjusted EBITDA Growth of 14%

• Posts Adjusted EBITDA Margin of 23.3% as a % of Revenue • Announced Normal Course Issuer Bid (“NCIB”) Subsequent to Quarter End CINCINNATI, May 15, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. ...

7 months ago - GlobeNewsWire

Quipt Home Medical Corp. Announces Filing of Final Base Shelf Prospectus

CINCINNATI, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory c...

8 months ago - GlobeNewsWire

Quipt Home Medical Corp. to Announce Fiscal Second Quarter 2024 Financial Results on May 15, 2024

CINCINNATI, May 06, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, ...

8 months ago - GlobeNewsWire

Quipt Home Medical Announces Normal Course Issuer Bid

CINCINNATI, May 02, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT)‎, a U.S. based home medical equipment provider, focused on end-to-end respiratory care,...

8 months ago - GlobeNewsWire

Quipt Home Medical Announces Voting Results from Its Annual General and Special Meeting of Shareholders

CINCINNATI, March 28, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT)‎, a U.S. based home medical equipment provider, focused on end-to-end respiratory car...

9 months ago - GlobeNewsWire

Quipt Home Medical Stock: Strong Demand For Respiratory Care Can Lift Shares Higher

Quipt Home Medical is capturing strong demand for its portfolio of at-home care respiratory medical equipment and related services. Despite volatile earnings, the company's latest quarterly report sho...

9 months ago - Seeking Alpha

Quipt Home Medical Announces Participation in the 36th Annual Roth Investor Conference on March 17-19, 2024

CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care...

10 months ago - GlobeNewsWire

Quipt Home Medical Corp. (QIPT) Q1 2024 Earnings Call Transcript

Quipt Home Medical Corp. (QIPT) Q1 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

Quipt Home Medical Reports Strong Operating Performance With Record First Quarter Fiscal 2024 Financial Results Posting Revenue Growth of 60% and Adjusted EBITDA Growth of 71%

Posts Adjusted EBITDA Margin of 23.5% and 2% Sequential Organic Growth Posts Adjusted EBITDA Margin of 23.5% and 2% Sequential Organic Growth

11 months ago - GlobeNewsWire

Quipt Home Medical Corp. to Announce Fiscal First Quarter 2024 Financial Results on February 14, 2024

CINCINNATI, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care,...

11 months ago - GlobeNewsWire

6 Top Long-Term Stocks On My 2024 Wishlist

The market is flying as we enter 2024, but some sectors offer compelling values. Other stocks will be terrific buys when they return to Earth.

Other symbols: AMZNBKNGMDTPATHRTX
1 year ago - Seeking Alpha

Quipt Home Medical Corp. Announces Filing of Preliminary Base Shelf Prospectus to Replace Recently Expired Base Shelf Prospectus

CINCINNATI, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, ...

1 year ago - GlobeNewsWire

Quipt Home Medical Corp. (QIPT) Q4 2023 Earnings Call Transcript

Quipt Home Medical Corp. (QIPT) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

Quipt Home Medical: Poised For Robust Growth Amid Expanding Market

Quipt Home Medical has shown impressive growth and expansion in the recent year, with strong financial results and operational advancements. The company will benefit from the overall tailwinds in the ...

1 year ago - Seeking Alpha

Quipt Home Medical Reports Record Fourth Quarter and Fiscal Year 2023 Financial Results Posting Revenue Growth of 59% and Adjusted EBITDA Growth of 73%

Posts Very Strong Adjusted EBITDA % of Revenue of 23.5% for Fiscal Q4 and 22.8% for Fiscal Year 2023 Posts Very Strong Adjusted EBITDA % of Revenue of 23.5% for Fiscal Q4 and 22.8% for Fiscal Year 202...

1 year ago - GlobeNewsWire

Quipt Home Medical Corp. to Announce Fourth Quarter and Full Year 2023 Financial Results on December 18, 2023

CINCINNATI, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care,...

1 year ago - GlobeNewsWire