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Quipt Home Medical Corp (NASDAQ: QIPT) closed the day trading at $2.74 down -17.96% from the previous closing price of $3.34. In other words, the price has decreased by -$17.96 from its previous closing price. On the day, 1.22 million shares were traded. QIPT stock price reached its highest trading level at $3.15 during the session, while it also had its lowest trading level at $2.72.
Ratios:
For a better understanding of QIPT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.53. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.66.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QIPT now has a Market Capitalization of 116645912 and an Enterprise Value of 226144816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 0.926 whereas that against EBITDA is 4.74.
Stock Price History:
The Beta on a monthly basis for QIPT is 1.08, which has changed by -0.37570095 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, QIPT has reached a high of $6.01, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is -17.66%, while the 200-Day Moving Average is calculated to be -33.25%.
Shares Statistics:
Over the past 3-months, QIPT traded about 247.26K shares per day on average, while over the past 10 days, QIPT traded about 162080 shares per day. A total of 42.10M shares are outstanding, with a floating share count of 40.65M. Insiders hold about 4.51% of the company’s shares, while institutions hold 52.93% stake in the company. Shares short for QIPT as of 1722384000 were 752958 with a Short Ratio of 3.04, compared to 1719532800 on 751944.
Earnings Estimates
The dynamic stock of Quipt Home Medical Corp (QIPT) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.04 and -$0.08 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is $0.07, with 4.0 analysts recommending between $0.13 and $0.05.
Revenue Estimates
5 analysts predict $66.58M in revenue for the current quarter. It ranges from a high estimate of $68M to a low estimate of $66M. As of the current estimate, Quipt Home Medical Corp’s year-ago sales were $62.52MFor the next quarter, 5 analysts are estimating revenue of $69.43M. There is a high estimate of $71M for the next quarter, whereas the lowest estimate is $67.87M.
A total of 6 analysts have provided revenue estimates for QIPT’s current fiscal year. The highest revenue estimate was $271.29M, while the lowest revenue estimate was $259.7M, resulting in an average revenue estimate of $262.53M. In the same quarter a year ago, actual revenue was $221.74MBased on 5 analysts’ estimates, the company’s revenue will be $283.38M in the next fiscal year. The high estimate is $292.08M and the low estimate is $278.9M.