Quipt Home Medical Stock Buy Hold or Sell Recommendation
| QIPT Stock | USD 2.68 0.23 9.39% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Quipt Home Medical is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Quipt Home Medical given historical horizon and risk tolerance towards Quipt Home. When Macroaxis issues a 'buy' or 'sell' recommendation for Quipt Home Medical, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Quipt Home Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Quipt and provide practical buy, sell, or hold advice based on investors' constraints. Quipt Home Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Quipt |
Execute Quipt Home Buy or Sell Advice
The Quipt recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Quipt Home Medical. Macroaxis does not own or have any residual interests in Quipt Home Medical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Quipt Home's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
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 |
Quipt Home Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of Quipt Home's historical returns is an attempt to chart the uncertainty of Quipt Home's future price movements. The chart of the probability distribution of Quipt Home daily returns describes the distribution of returns around its average expected value. We use Quipt Home Medical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Quipt Home returns is essential to provide solid investment advice for Quipt Home.
| Mean Return | -0.21 | Value At Risk | -4.3 | Potential Upside | 3.40 | Standard Deviation | 2.38 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Quipt Home historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Quipt Stock Institutional Investors
The Quipt Home's institutional investors refer to entities that pool money to purchase Quipt Home's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 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 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 14.7M | 5.4M | (26.1M) | 8.7M | 10.0M | 10.5M | |
| Free Cash Flow | 9.8M | 13.6M | 17.4M | 33.7M | 38.7M | 40.7M | |
| Depreciation | 11.0M | 17.8M | 23.0M | 40.2M | 46.2M | 48.5M | |
| Other Non Cash Items | 1.1M | 14.8M | (5.9M) | (259K) | (297.9K) | (283.0K) | |
| Capital Expenditures | 69.0K | 5.0M | 9.0M | 6.8M | 7.8M | 8.2M | |
| Net Income | (3.8M) | (6.2M) | 4.8M | (2.8M) | (2.5M) | (2.6M) | |
| End Period Cash Flow | 21.9M | 34.6M | 8.5M | 17.2M | 19.8M | 20.8M | |
| Change To Inventory | (1.3M) | (44K) | (2.4M) | (60K) | (54K) | (56.7K) | |
| Investments | (7.9M) | (17.8M) | (42.5M) | (82.8M) | (74.5M) | (70.8M) | |
| Net Borrowings | (9.3M) | (17.5M) | (13.9M) | (3.7M) | (3.3M) | (3.5M) | |
| Change To Netincome | 7.8M | 10.8M | 15.8M | (2.5M) | (2.3M) | (2.2M) |
Quipt Home Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Quipt Home or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Quipt Home's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Quipt stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.38 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 2.62 | |
Ir | Information ratio | -0.14 |
Quipt Home Volatility Alert
Quipt Home Medical exhibits very low volatility with skewness of -0.2 and kurtosis of 0.39. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Quipt Home's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Quipt Home's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Quipt Home Fundamentals Vs Peers
Comparing Quipt Home's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Quipt Home's direct or indirect competition across all of the common fundamentals between Quipt Home and the related equities. This way, we can detect undervalued stocks with similar characteristics as Quipt Home or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Quipt Home's fundamental indicators could also be used in its relative valuation, which is a method of valuing Quipt Home by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Quipt Home to competition |
| Fundamentals | Quipt Home | Peer Average |
| Return On Equity | -0.0451 | -0.31 |
| Return On Asset | 0.0115 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 188.77 M | 16.62 B |
| Shares Outstanding | 43.09 M | 571.82 M |
| Shares Owned By Insiders | 3.80 % | 10.09 % |
| Shares Owned By Institutions | 55.01 % | 39.21 % |
| Number Of Shares Shorted | 859.8 K | 4.71 M |
| Price To Earning | 98.25 X | 28.72 X |
| Price To Book | 0.96 X | 9.51 X |
| Price To Sales | 0.45 X | 11.42 X |
| Revenue | 221.74 M | 9.43 B |
| Gross Profit | 94.42 M | 27.38 B |
| EBITDA | 44.07 M | 3.9 B |
| Net Income | (2.78 M) | 570.98 M |
| Cash And Equivalents | 18.54 M | 2.7 B |
| Cash Per Share | 0.55 X | 5.01 X |
| Total Debt | 97.96 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 1.02 X | 2.16 X |
| Book Value Per Share | 2.55 X | 1.93 K |
| Cash Flow From Operations | 40.54 M | 971.22 M |
| Short Ratio | 6.30 X | 4.00 X |
| Earnings Per Share | (0.12) X | 3.12 X |
| Target Price | 9.0 | |
| Beta | 1.03 | -0.15 |
| Market Capitalization | 109.35 M | 19.03 B |
| Total Asset | 247.41 M | 29.47 B |
| Retained Earnings | (163.81 M) | 9.33 B |
| Working Capital | 4.86 M | 1.48 B |
| Net Asset | 247.41 M |
Note: Insider Trading [view details]
Quipt Home Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Quipt . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Quipt Home Buy or Sell Advice
When is the right time to buy or sell Quipt Home Medical? Buying financial instruments such as Quipt Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Working Capital | 117.2K | 104.1K | Market Cap | 177.8M | 186.6M |
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In addition to having Quipt Home in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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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.