Quipt Home Medical Corp. (QIPT)

NASDAQ: QIPT · IEX Real-Time Price · USD
5.35
+0.20 (3.88%)
At close: Sep 27, 2023, 4:00 PM
5.16
-0.19 (-3.55%)
After-hours: Sep 27, 2023, 6:07 PM EDT
3.88%
Market Cap 225.11M
Revenue (ttm) 149.86M
Net Income (ttm) 234,586
Shares Out 42.08M
EPS (ttm) 0.01
PE Ratio 723.30
Forward PE 91.49
Dividend n/a
Ex-Dividend Date n/a
Volume 226,872
Open 5.16
Previous Close 5.15
Day's Range 5.16 - 5.49
52-Week Range 3.89 - 7.26
Beta 1.46
Analysts Strong Buy
Price Target 10.50 (+96.26%)
Earnings Date Aug 14, 2023

About QIPT

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... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1993
Country United States
Stock Exchange NASDAQ
Ticker Symbol QIPT
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for QIPT stock is "Strong Buy." The 12-month stock price forecast is $10.5, which is an increase of 96.26% from the latest price.

Price Target
$10.5
(96.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

3 High-Growth Small-Cap Picks

Business News Network (BNN) a cable channel owned by Bloomberg in Canada has a daily program called Market Call.  One regular guest is a portfolio manager, Bruce Campbell from a firm called Stone Cast...

Other symbols: REKR
14 days ago - GuruFocus

Quipt Announces Multi-State Acquisition Adding Approximately $9 Million in Annualized Revenues, and Anticipated $2 Million in Adjusted EBITDA Post Integration

CINCINNATI, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSX:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respirat...

16 days ago - GlobeNewsWire

Quipt Home Medical Reports Strong Operational Performance With Record Third Quarter Fiscal 2023 Financial Results Posting Revenue Growth of 64% and Adjusted EBITDA Growth of 80%

Posts Strong Adjusted EBITDA Margin of 23% and Sequential Organic Growth of 4% Posts Strong Adjusted EBITDA Margin of 23% and Sequential Organic Growth of 4%

6 weeks ago - GlobeNewsWire

Quipt Home Medical to Participate at the 43rd Annual Canaccord Growth Conference

CINCINNATI, July 24, 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, to...

2 months ago - GlobeNewsWire

Quipt Home Medical Announces Up-listing to the Toronto Stock Exchange

CINCINNATI, June 20, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respirat...

3 months ago - GlobeNewsWire

Quipt Home Medical Announces Termination of At-The-Market Equity Program

CINCINNATI, June 01, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company” or “Quipt”) (NASDAQ: QIPT; TSXV: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respir...

4 months ago - GlobeNewsWire

Quipt Home Medical on Preliminary List to Join Russell 2000® and 3000® Indexes

CINCINNATI, May 23, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, is...

4 months ago - GlobeNewsWire

Quipt Home Medical Reports Record Second Quarter Fiscal 2023 Financial Results Posting Revenue Growth of 73% and Adjusted EBITDA Growth of 86%

Posts Strong Adjusted EBITDA Margin of 22.5% and Sequential Organic Growth of 2.5% Posts Strong Adjusted EBITDA Margin of 22.5% and Sequential Organic Growth of 2.5%

4 months ago - GlobeNewsWire

Quipt Home Medical Announces Date and Time for Fiscal Q2 2023 Conference Call and Audio Webcast

CINCINNATI, May 08, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSXV: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care,...

5 months ago - GlobeNewsWire

Quipt Home Medical Receives Conditional Approval to Graduate to the Toronto Stock Exchange

CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respirato...

5 months ago - GlobeNewsWire

Quipt Home Medical Announces Closing of Public Offering and Private Placement for Aggregate Gross Proceeds of $42.5 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CINCINNATI, April 25, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (N...

5 months ago - GlobeNewsWire

Quipt Home Medical Announces New National Insurance Contract with Top 5 Health Insurer Based on Membership in the United States

Opportunity to Accelerate Long-Term Organic Growth and Expand Patient Access Opportunity to Accelerate Long-Term Organic Growth and Expand Patient Access

6 months ago - GlobeNewsWire

Quipt Home Medical to Participate at the Sidoti Small-Cap Virtual Investor Conference on March 22-23, 2023

Webcasted Presentation To Be Held Wednesday, March 22, 2023 Webcasted Presentation To Be Held Wednesday, March 22, 2023

7 months ago - GlobeNewsWire

Quipt Home Medical Named as a Top Performing Company to the 2023 TSX Venture 50 List

CINCINNATI, Ohio, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based home medical equipment provider, focused on end-to-end re...

7 months ago - GlobeNewsWire

Quipt Home Medical Reports Record First Quarter Fiscal 2023 Financial Results Posting Positive Net Income, Revenue Growth of 38% and Adjusted EBITDA Growth of 50%

Posts Strong Adjusted EBITDA Margin of 22% and Sequential Organic Growth of 2% Posts Strong Adjusted EBITDA Margin of 22% and Sequential Organic Growth of 2%

8 months ago - GlobeNewsWire

Quipt Home Medical Announces Date and Time for Fiscal Q1 2023 Conference Call and Audio Webcast

CINCINNATI, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSXV: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care...

8 months ago - GlobeNewsWire

Quipt Acquires $60 Million in Revenues and $13 Million Adjusted EBITDA with Strategic Acquisition of Great Elm Healthcare, LLC

Quipt Reaches $220 Million in Annualized Revenues and $49 Million of Anticipated Annualized Adjusted EBITDA Quipt Reaches $220 Million in Annualized Revenues and $49 Million of Anticipated Annualized ...

9 months ago - GlobeNewsWire

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%

Posts Strong Adjusted EBITDA Margin of 20.9% for Fiscal Year 2022 Posts Strong Adjusted EBITDA Margin of 20.9% for Fiscal Year 2022

10 months ago - GlobeNewsWire

Quipt Home Medical Announces Date and Time for Q4 and Full Year Fiscal 2022 Conference Call and Audio Webcast

CINCINNATI, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSXV: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care...

10 months ago - GlobeNewsWire

Quipt Home Medical Announces Closing of Upsized Senior Credit Facilities for $110 Million to Accelerate Future Growth

Senior Credit Facilities Significantly Enhances Balance Sheet Flexibility Senior Credit Facilities Significantly Enhances Balance Sheet Flexibility

1 year ago - GlobeNewsWire

Quipt Home Medical Reports Ongoing Operational Strength With Record Third Quarter Fiscal 2022 Financial Results

Posts Revenue Growth of 40% and Adjusted EBITDA Growth of 44% Posts Revenue Growth of 40% and Adjusted EBITDA Growth of 44%

1 year ago - GlobeNewsWire

Quipt Home Medical Announces Commitment Letter for $80 Million of Senior Credit Facilities to Fund Future Growth

Senior Credit Facilities would Significantly Bolster Balance Sheet Flexibility Senior Credit Facilities would Significantly Bolster Balance Sheet Flexibility

1 year ago - GlobeNewsWire

UPDATE -- Quipt Announces Early Conversion of 2019 Convertible Debentures Strengthening Balance Sheet

CINCINNATI, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-t...

1 year ago - GlobeNewsWire

Quipt Announces Early Conversion of 2019 Convertible Debentures Strengthening Balance Sheet

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

1 year ago - GlobeNewsWire

Quipt Home Medical Announces Date and Time for Fiscal Q3 2022 Conference Call and Audio Webcast

CINCINNATI, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respi...

1 year ago - GlobeNewsWire