Quipt Home Medical Corp. (QIPT)
NASDAQ: QIPT · IEX Real-Time Price · USD
4.370
+0.030 (0.69%)
At close: Mar 28, 2024, 4:00 PM
4.210
-0.160 (-3.66%)
After-hours: Mar 28, 2024, 6:50 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 10.33, with a low estimate of 10 and a high estimate of 11. The average target predicts an increase of 136.38% from the current stock price of 4.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $10.33 $10 $11
Change +128.83% +136.38% +128.83% +151.72%
* Price targets were last updated on Feb 16, 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 000000
Hold 000011
Sell 000000
Strong Sell 000000
Total 222233

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Raymond James
Raymond James
Hold
Downgrades
$10
Hold Downgrades $10 +128.83% Feb 16, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +128.83% Dec 20, 2023
Canaccord Genuity
Canaccord Genuity
Strong Buy
Initiates
$11
Strong Buy Initiates $11 +151.72% Jun 14, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +128.83% May 17, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +128.83% Feb 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
272.84M
from 221.74M
Increased by 23.04%
Revenue Next Year
295.55M
from 272.84M
Increased by 8.32%
EPS This Year
0.03
from -0.07
EPS Next Year
0.13
from 0.03
Increased by 313.33%
Year 201920202021202220232024202520262027
Revenue
80.97M72.64M102.35M139.86M221.74M272.84M295.55M357.35M529.86M
Revenue Growth
--10.29%40.90%36.65%58.54%23.04%8.32%20.91%48.27%
EPS
-0.36-0.20-0.200.13-0.070.030.130.471.49
EPS Growth
------313.33%270.97%218.24%
No. Analysts -----10743
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 288.7M 310.7M 409.9M 545.4M
Avg 272.8M 295.6M 357.4M 529.9M
Low 252.8M 271.5M 304.1M 509.1M

Revenue Growth

Revenue Growth 2024202520262027
High
30.2%
13.9%
38.7%
52.6%
Avg
23.0%
8.3%
20.9%
48.3%
Low
14.0%
-0.5%
2.9%
42.5%

EPS Forecast

EPS 2024202520262027
High 0.09 0.25 0.97 1.54
Avg 0.03 0.13 0.47 1.49
Low -0.07 0.01 - 1.43

EPS Growth

EPS Growth 2024202520262027
High -
723.5%
663.8%
227.6%
Avg -
313.3%
271.0%
218.2%
Low -
-68.0%
-
205.8%
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.