Quipt Home Medical Corp. (QIPT)
NASDAQ: QIPT · IEX Real-Time Price · USD
3.120
-0.060 (-1.89%)
At close: Jul 2, 2024, 4:00 PM
3.200
+0.080 (2.56%)
After-hours: Jul 2, 2024, 4:31 PM EDT
Quipt Home Medical Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Quipt Home Medical stock have an average target of 9.00, with a low estimate of 8.00 and a high estimate of 10. The average target predicts an increase of 188.46% from the current stock price of 3.12.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 20, 2024.
Analyst Ratings
The average analyst rating for QIPT stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Benchmark | Benchmark | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +188.46% | May 20, 2024 |
Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +156.41% | May 17, 2024 |
Raymond James | Raymond James | Buy → Hold Downgrades $10 | Buy → Hold | Downgrades | $10 | +220.51% | Feb 16, 2024 |
Benchmark | Benchmark | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +220.51% | Dec 20, 2023 |
Canaccord Genuity | Canaccord Genuity | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +252.56% | Jun 14, 2023 |
Financial Forecast
Revenue This Year
267.54M
from 221.74M
Increased by 20.65%
Revenue Next Year
289.05M
from 267.54M
Increased by 8.04%
EPS This Year
-0.05
from -0.07
EPS Next Year
0.07
from -0.05
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 284.9M | 306.7M | 330.2M |
Avg | 267.5M | 289.1M | 312.3M |
Low | 254.5M | 273.3M | 292.0M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 28.5% | 14.6% | 14.2% |
Avg | 20.7% | 8.0% | 8.1% |
Low | 14.8% | 2.2% | 1.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 0.02 | 0.14 | 0.18 | 1.27 | 1.64 |
Avg | -0.05 | 0.07 | 0.10 | 1.24 | 1.60 |
Low | -0.08 | 0.05 | 0.03 | 1.19 | 1.53 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | 141.4% | 1,149.7% | 32.7% |
Avg | - | - | 37.9% | 1,114.0% | 28.9% |
Low | - | - | -60.2% | 1,066.4% | 23.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.