NASDAQ
QIPT

Quipt Home Medical Corp

Medical Devices
Healthcare

Prices are adjusted according to historical splits.

Quipt Home Medical Corp Stock Price

Vitals

Today's Low:
$5.4421
Today's High:
$5.83
Open Price:
$5.79
52W Low:
$3.89
52W High:
$7.26
Prev. Close:
$5.77
Volume:
157995

Company Statistics

Market Cap.:
$251.92 million
Book Value:
2.638
Revenue TTM:
$188.88 million
Operating Margin TTM:
5.1%
Gross Profit TTM:
$94.42 million
Profit Margin:
0.16%
Return on Assets TTM:
3.23%
Return on Equity TTM:
0.35%

Company Profile

Quipt Home Medical Corp had its IPO on 2021-05-27 under the ticker symbol QIPT.

The company operates in the Healthcare sector and Medical Devices industry. Quipt Home Medical Corp has a staff strength of 0 employees.

Stock update

Shares of Quipt Home Medical Corp opened at $5.79 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.44 - $5.83, and closed at $5.54.

This is a -3.99% slip from the previous day's closing price.

A total volume of 157,995 shares were traded at the close of the day’s session.

In the last one week, shares of Quipt Home Medical Corp have slipped by -6.89%.

Quipt Home Medical Corp's Key Ratios

Quipt Home Medical Corp has a market cap of $251.92 million, indicating a price to book ratio of 2.3162 and a price to sales ratio of 1.3222.

In the last 12-months Quipt Home Medical Corp’s revenue was $188.88 million with a gross profit of $94.42 million and an EBITDA of $40.70 million. The EBITDA ratio measures Quipt Home Medical Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Quipt Home Medical Corp’s operating margin was 5.1% while its return on assets stood at 3.23% with a return of equity of 0.35%.

In Q2, Quipt Home Medical Corp’s quarterly earnings growth was a negative -97.7% while revenue growth was a positive 73.8%.

Quipt Home Medical Corp’s PE and PEG Ratio

Forward PE
14.5773
Trailing PE
595
PEG

Its diluted EPS in the last 12-months stands at $0.01 per share while it has a forward price to earnings multiple of 14.5773 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Quipt Home Medical Corp’s profitability.

Quipt Home Medical Corp stock is trading at a EV to sales ratio of 1.3638 and a EV to EBITDA ratio of 7.346. Its price to sales ratio in the trailing 12-months stood at 1.3222.

Quipt Home Medical Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$242.39 million
Total Liabilities
$55.77 million
Operating Cash Flow
$0
Capital Expenditure
$22000
Dividend Payout Ratio
0%

Quipt Home Medical Corp ended 2024 with $242.39 million in total assets and $0 in total liabilities. Its intangible assets were valued at $242.39 million while shareholder equity stood at $110.98 million.

Quipt Home Medical Corp ended 2024 with $0 in deferred long-term liabilities, $55.77 million in other current liabilities, 247444000.00 in common stock, $-162484000.00 in retained earnings and $50.85 million in goodwill. Its cash balance stood at $20.45 million and cash and short-term investments were $20.45 million. The company’s total short-term debt was $21,255,000 while long-term debt stood at $62.07 million.

Quipt Home Medical Corp’s total current assets stands at $66.90 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $23.82 million compared to accounts payable of $24.37 million and inventory worth $19.45 million.

In 2024, Quipt Home Medical Corp's operating cash flow was $0 while its capital expenditure stood at $22000.

Comparatively, Quipt Home Medical Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$5.54
52-Week High
$7.26
52-Week Low
$3.89
Analyst Target Price
$10.31

Quipt Home Medical Corp stock is currently trading at $5.54 per share. It touched a 52-week high of $7.26 and a 52-week low of $7.26. Analysts tracking the stock have a 12-month average target price of $10.31.

Its 50-day moving average was $5.34 and 200-day moving average was $5.67 The short ratio stood at 5.4 indicating a short percent outstanding of 0%.

Around 318.8% of the company’s stock are held by insiders while 3484.1% are held by institutions.

Frequently Asked Questions About Quipt Home Medical Corp

The stock symbol (also called stock or share ticker) of Quipt Home Medical Corp is QIPT

The IPO of Quipt Home Medical Corp took place on 2021-05-27

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About

Quipt Home Medical Corp. provides in-home medical equipment and supplies, and respiratory and durable medical equipment in the United States. It offers management of various chronic disease states focusing on patients with heart and pulmonary disease, sleep apnea, reduced mobility, and other chronic health conditions. The company also provides bariatric equipment, bathroom safety products, bilevel positive airway pressure, canes/crutches, continuous positive airway pressure, CPAP masks and accessories, hospital beds, humidifiers, nebulizers and compressors, oxygen concentrators, patient lifts, walkers, wheelchairs, and products for wound care. In addition, it offers ventilators; home-based sleep apnea and chronic obstructive pulmonary disease treatments; home-based healthcare logistics and services; medical supplies, medical equipment, mobility equipment, and respiratory equipment; and CPAP and BiPAP units, ventilation equipment and aids, daily and ambulatory aides, and equipment solutions, as well as home and hospital delivery, and oxygen therapy services. The company was formerly known as Protech Home Medical Corp. and changed its name to Quipt Home Medical Corp. in May 2021. Quipt Home Medical Corp. was incorporated in 1993 and is headquartered in Wilder, Kentucky.

Address

1019 Town Drive, Wilder, KY, United States, 41076