Analysts Set Quipt Home Medical Corp. Target Price at 6.25 - MarketBeat
QIPT Stock | USD 2.40 0.01 0.41% |
Slightly above 61% of Quipt Home's investor base is looking to short. The analysis of overall sentiment of trading Quipt Home Medical stock suggests that many investors are alarmed at this time. Quipt Home's investing sentiment can be driven by a variety of factors including economic data, Quipt Home's earnings reports, geopolitical events, and overall market trends.
Quipt |
Analysts Set Quipt Home Medical Corp. Target Price at 6.25 MarketBeat
Read at news.google.com
Quipt Home Investor Sentiment by Other 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 Fundamental Analysis
We analyze Quipt Home's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quipt Home using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quipt Home based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Quipt Home is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Quipt Home Medical Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Quipt Home stock to make a market-neutral strategy. Peer analysis of Quipt Home could also be used in its relative valuation, which is a method of valuing Quipt Home by comparing valuation metrics with similar companies.
Peers
Quipt Home Related Equities
NPCE | Neuropace | 9.90 | ||||
TMCI | Treace Medical | 5.87 | ||||
CVRX | CVRx | 4.58 | ||||
PRCT | Procept Biorobotics | 4.47 | ||||
RXST | Rxsight | 3.46 | ||||
KIDS | Orthopediatrics Corp | 1.03 | ||||
OFIX | Orthofix Medical | 0.69 | ||||
SRDX | SurModics | 0.58 | ||||
AORT | Artivion | 0.50 | ||||
PROF | Profound Medical | 0.40 | ||||
SGHT | Sight Sciences | 0.75 | ||||
FNA | Paragon 28 | 1.79 | ||||
TELA | Tela Bio | 2.33 | ||||
LUNG | Pulmonx Corp | 2.65 | ||||
ASAPF | Aurora Spine | 3.03 | ||||
SSKN | STRATA Skin | 3.61 |
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.