Recent extremely meaningful negative changes in fundamentals have affected Quipt Home Medical Corp (NASDAQ: QIPT): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for September, 2025 decreased significantly, and the consensus estimate for September, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
QIPT’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Quipt Home Medical has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Quipt Home Medical has a poor Appreciation Score of 18 and a very low Power Rating of 2, producing the Lowest Value Trend Rating.
Recent Price Action
Quipt Home Medical Corp (NASDAQ: QIPT) stock suffered a large decline of -5.6% on 8/5/24. The stock closed at $3.53. However, trading volume in this decline was exceptionally low at -99999% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -6.9% during the last week.
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