Quipt Home Medical Corp [QIPT] stock prices are up 3.14% to $1.80 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The QIPT shares have gain 28.01% over the last week, with a monthly amount drifted -15.65%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Quipt Home Medical Corp [NASDAQ: QIPT] stock has seen the most recent analyst activity on May 14, 2025, when Canaccord Genuity downgraded its rating to a Hold but kept the price target unchanged to $1.70 for it. Previously, Raymond James downgraded its rating to Underperform on May 17, 2024. On February 16, 2024, downgrade downgraded it’s rating to Mkt Perform. The Benchmark Company initiated its recommendation with a Buy and recommended $7.50 as its price target on October 20, 2021.
The stock price of Quipt Home Medical Corp [QIPT] has been fluctuating between $1.35 and $4.07 over the past year. Currently, Wall Street analysts expect the stock to reach $1.7 within the next 12 months. Quipt Home Medical Corp [NASDAQ: QIPT] shares were valued at $1.80 at the most recent close of the market. An investor can expect a potential drop of -5.56% based on the average QIPT price forecast.
Analyzing the QIPT fundamentals
The Quipt Home Medical Corp [NASDAQ:QIPT] reported sales of 240.85M for trailing twelve months, representing a drop of -6.32%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7500 points at the first support level, and at 1.6950 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8700, and for the 2nd resistance point, it is at 1.9350.
Ratios To Look Out For
It’s worth pointing out that Quipt Home Medical Corp [NASDAQ:QIPT]’s Current Ratio is 1.22. Also, the Quick Ratio is 0.85, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.76.
Transactions by insiders
Recent insider trading involved Gamble Patrick Dennis, Exec VP Operations, that happened on Dec 26 ’24 when 17000.0 shares were purchased.
