At the time of writing, Quipt Home Medical Corp [QIPT] stock is trading at $2.63, saw in change for the day. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The QIPT shares have gain 22.33% over the last week, with a monthly amount glided 19.00%, and 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.
For the past year, the stock price of Quipt Home Medical Corp fluctuated between $1.35 and $3.27. Currently, Wall Street analysts expect the stock to reach $2.3 within the next 12 months. Quipt Home Medical Corp [NASDAQ: QIPT] shares were valued at $2.63 at the most recent close of the market. An investor can expect a potential drop of -12.55% based on the average QIPT price forecast.
Analyzing the QIPT fundamentals
According to Quipt Home Medical Corp [NASDAQ:QIPT], the company’s sales were 238.38M for trailing twelve months, which represents an -4.07% plunge. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.1 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.9.
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 2.59 points at the first support level, and at 2.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.68, and for the 2nd resistance point, it is at 2.73.
Ratios To Look Out For
It is important to note that Quipt Home Medical Corp [NASDAQ:QIPT] has a current ratio of 1.15. In addition, the Quick Ratio stands at 0.75 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 1.11.
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.
