Is Quipt Home Stock a Good Investment?
Quipt Home Investment Advice | QIPT |
- Examine Quipt Home's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Quipt Home's leadership team and their track record. Good management can help Quipt Home navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Quipt Home's business and its evolving consumer preferences.
- Compare Quipt Home's performance and market position to its competitors. Analyze how Quipt Home is positioned in terms of product offerings, innovation, and market share.
- Check if Quipt Home pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Quipt Home's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Quipt Home Medical stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Quipt Home Medical is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Quipt Home Stock
Researching Quipt Home's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 55.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Quipt Home Medical recorded a loss per share of 0.12. The entity last dividend was issued on the 31st of December 2018. The firm had 1:4 split on the 13th of May 2021.
To determine if Quipt Home is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Quipt Home's research are outlined below:
| Quipt Home Medical generated a negative expected return over the last 90 days | |
| Quipt Home Medical has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 221.74 M. Net Loss for the year was (2.78 M) with profit before overhead, payroll, taxes, and interest of 94.42 M. | |
| Quipt Home Medical has a frail financial position based on the latest SEC disclosures | |
| About 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Analysts Set Quipt Home Medical Corp. Target Price at 6.25 - MarketBeat |
Quipt Home uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Quipt Home Medical. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Quipt Home's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Quipt Home's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Quipt Home's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-08-23 | 2016-06-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2022-08-15 | 2022-06-30 | 0.03 | 0.0043 | -0.0257 | 85 | ||
2024-08-14 | 2024-06-30 | -0.01 | -0.04 | -0.03 | 300 | ||
2021-12-28 | 2021-09-30 | -0.01 | -0.04 | -0.03 | 300 | ||
2024-05-15 | 2024-03-31 | 0.01 | -0.03 | -0.04 | 400 | ||
2023-12-18 | 2023-09-30 | 0.01 | -0.03 | -0.04 | 400 | ||
2016-05-26 | 2016-03-31 | 0.01 | -0.03 | -0.04 | 400 | ||
2016-02-11 | 2015-12-31 | 0.01 | -0.0325 | -0.0425 | 425 |
Know Quipt Home's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Quipt Home is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Quipt Home Medical backward and forwards among themselves. Quipt Home's institutional investor refers to the entity that pools money to purchase Quipt Home's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 361.9 K | Northern Trust Corp | 2024-09-30 | 250.3 K | Vanguard Group Inc | 2024-09-30 | 241.7 K | Renaissance Technologies Corp | 2024-09-30 | 216.3 K | Perritt Capital Management Inc. | 2024-09-30 | 208.2 K | Bb&t Corp. | 2024-09-30 | 200 K | Jb Capital Partners Lp | 2024-09-30 | 200 K | Strs Ohio | 2024-09-30 | 194.1 K | Citadel Advisors Llc | 2024-09-30 | 165.8 K | Claret Asset Management Corporation | 2024-09-30 | 4.5 M | Forager Capital Management, Llc | 2024-09-30 | 4.2 M |
Quipt Home's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 115.48 M.Market Cap |
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Quipt Home's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Determining Quipt Home's profitability involves analyzing its financial statements and using various financial metrics to determine if Quipt Home is a good buy. For example, gross profit margin measures Quipt Home's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Quipt Home's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Quipt Home's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quipt Home Medical. Check Quipt Home's Beneish M Score to see the likelihood of Quipt Home's management manipulating its earnings.
Evaluate Quipt Home's management efficiency
Quipt Home Medical has return on total asset (ROA) of 0.0115 % which means that it generated a profit of $0.0115 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0451) %, meaning that it created substantial loss on money invested by shareholders. Quipt Home's management efficiency ratios could be used to measure how well Quipt Home manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Quipt Home's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 298.7 M in 2024, whereas Change To Liabilities is likely to drop slightly above 1.5 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.31 | 6.04 | |
| Net Current Asset Value | 117.2 K | 104.1 K | |
| Tangible Asset Value | 12.6 M | 13.3 M | |
| Tangible Book Value Per Share | (0.47) | (0.49) | |
| Enterprise Value Over EBITDA | 7.26 | 6.75 | |
| Price Book Value Ratio | 1.60 | 1.59 | |
| Enterprise Value Multiple | 7.26 | 6.75 | |
| Price Fair Value | 1.60 | 1.59 | |
| Enterprise Value | 250.4 M | 263 M |
Effective leadership at Quipt Home drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Beta 1.031 |
Basic technical analysis of Quipt Stock
As of the 1st of December, Quipt Home holds the Variance of 6.96, coefficient of variation of (9,828), and Risk Adjusted Performance of (0.0007). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quipt Home, as well as the relationship between them.Quipt Home's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Quipt Home insiders, such as employees or executives, is commonly permitted as long as it does not rely on Quipt Home's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Quipt Home insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Carter Kevin A. over three weeks ago Insider Trading | ||
Wessel Brian Joseph over three weeks ago Insider Trading | ||
Thomas Roehrig over a month ago Insider Trading | ||
Gregory Crawford over two months ago Insider Trading |
Quipt Home's Outstanding Corporate Bonds
Quipt Home issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Quipt Home Medical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Quipt bonds can be classified according to their maturity, which is the date when Quipt Home Medical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Quipt Home's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Quipt Home's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.0007) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (9,828) | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.96 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 4.29 | |||
| Skewness | 0.4117 | |||
| Kurtosis | 1.99 |
| Risk Adjusted Performance | (0.0007) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (9,828) | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.96 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 4.29 | |||
| Skewness | 0.4117 | |||
| Kurtosis | 1.99 |
Consider Quipt Home's intraday indicators
Quipt Home intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Quipt Home stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Quipt Home Corporate Filings
F3 | 7th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
6K | 14th of August 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 9th of May 2024 Other Reports | ViewVerify | |
| 12th of April 2024 Other Reports | ViewVerify |
Quipt Stock media impact
Far too much social signal, news, headlines, and media speculation about Quipt Home that are available to investors today. That information is available publicly through Quipt media outlets and privately through word of mouth or via Quipt internal channels. However, regardless of the origin, that massive amount of Quipt data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Quipt Home news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Quipt Home relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Quipt Home's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Quipt Home alpha.
Quipt Home Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Quipt Home can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Quipt Home Corporate Management
| Hardik Mehta | Chief Officer | Profile | |
| William Zehnder | Chief Relations | Profile | |
| Robert LLB | Corporate Secretary | Profile | |
| Mark Miles | Vice Technology | Profile | |
| William MD | Chief Officer | Profile | |
| David Bachelder | Executive Operations | Profile |
Additional Tools for Quipt Stock Analysis
When running Quipt Home's price analysis, check to measure Quipt Home's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quipt Home is operating at the current time. Most of Quipt Home's value examination focuses on studying past and present price action to predict the probability of Quipt Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quipt Home's price. Additionally, you may evaluate how the addition of Quipt Home to your portfolios can decrease your overall portfolio volatility.