Quipt Home Medical Corp [NASDAQ: QIPT] surged by $0.46 during the normal trading session on Monday and reaching a high of $2.745 during the day while it closed the day at $2.61.
Quipt Home Medical Corp stock has also gained 15.49% of its value over the past 7 days. However, QIPT stock has inclined by 44.60% in the 3 months of the year. Over the past six months meanwhile, it has lost -1.14% and lost -3.69% year-on date.
The market cap for QIPT stock reached $113.38 million, with 43.44 million shares outstanding and 35.84 million shares in the current float. Compared to the average trading volume of 451.21K shares, QIPT reached a trading volume of 9112931 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Quipt Home Medical Corp [QIPT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QIPT shares is $4.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QIPT stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for Quipt Home Medical Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 14, 2025. The new note on the price target was released on May 17, 2024, representing the official price target for Quipt Home Medical Corp stock.
The Price to Book ratio for the last quarter was 1.11, with the Price to Cash per share for the same quarter was set at 0.26. Price to Free Cash Flow for QIPT in the course of the last twelve months was 5.41 with Quick ratio for the last quarter at 0.75.
QIPT stock trade performance evaluation
Quipt Home Medical Corp [QIPT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.49. With this latest performance, QIPT shares gained by 17.04% in over the last four-week period, additionally sinking by -1.14% over the last 6 months – not to mention a drop of -14.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for QIPT stock in for the last two-week period is set at 67.12, with the RSI for the last a single of trading hit 0.20, and the three-weeks RSI is set at 0.17 for Quipt Home Medical Corp [QIPT]. The present Moving Average for the last 50 days of trading for this stock 2.05, while it was recorded at 2.26 for the last single week of trading, and 2.36 for the last 200 days.
Quipt Home Medical Corp [QIPT]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Quipt Home Medical Corp [QIPT] shares currently have an operating margin of -0.73% and a Gross Margin at 53.61%. Quipt Home Medical Corp’s Net Margin is presently recorded at -4.35%.
Quipt Home Medical Corp (QIPT) Capital Structure & Debt Analysis
According to recent financial data for Quipt Home Medical Corp. ( QIPT), the Return on Equity (ROE) stands at -9.76%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -4.27%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Quipt Home Medical Corp’s Return on Invested Capital (ROIC) is -5.91%, showcasing its effectiveness in deploying capital for earnings.
Quipt Home Medical Corp (QIPT) Efficiency & Liquidity Metrics
Based on Quipt Home Medical Corp’s (QIPT) latest financial statements, the Debt-to-Equity Ratio is 0.90%, indicating its reliance on debt financing relative to shareholder equity.
Quipt Home Medical Corp (QIPT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Quipt Home Medical Corp. (QIPT) effectively leverages its workforce, generating an average of -$8633.33 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.15% and a Quick Ratio of 0.75%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Quipt Home Medical Corp [QIPT] stock
With the latest financial reports released by the company, Quipt Home Medical Corp posted -0.07/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.05. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for QIPT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Quipt Home Medical Corp go to 59.10%.
Quipt Home Medical Corp [QIPT]: Institutional Ownership
There are presently around $48.26%, or 56.96%% of QIPT stock, in the hands of institutional investors. The top three institutional holders of QIPT stocks are: CLARET ASSET MANAGEMENT CORP with ownership of 4.56 million shares, which is approximately 10.7083%. FORAGER CAPITAL MANAGEMENT, LLC, holding 2.36 million shares of the stock with an approximate value of $$7.6 million in QIPT stocks shares; and FORAGER CAPITAL MANAGEMENT, LLC, currently with $$6.45 million in QIPT stock with ownership which is approximately 4.6988%.
