Leede Financial Has Pessimistic View of QIPT FY2025 Earnings

Quipt Home Medical Corp. (NASDAQ:QIPT) – Analysts at Leede Financial cut their FY2025 EPS estimates for shares of Quipt Home Medical in a research report issued on Wednesday, December 18th. Leede Financial analyst D. Loe now forecasts that the company will post earnings per share of ($0.15) for the year, down from their previous forecast of ($0.03). The consensus estimate for Quipt Home Medical’s current full-year earnings is ($0.10) per share. Leede Financial also issued estimates for Quipt Home Medical’s FY2026 earnings at ($0.12) EPS.

Quipt Home Medical (NASDAQ:QIPT) last posted its quarterly earnings results on Monday, December 16th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.08). Quipt Home Medical had a negative net margin of 1.95% and a negative return on equity of 4.51%.

Quipt Home Medical Stock Performance

Shares of NASDAQ:QIPT opened at $2.49 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.11 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $107.30 million, a price-to-earnings ratio of -22.64 and a beta of 0.62. The firm has a 50 day moving average of $2.68 and a 200 day moving average of $2.94. Quipt Home Medical has a 52 week low of $2.30 and a 52 week high of $5.29.

Institutional Investors Weigh In On Quipt Home Medical

A number of hedge funds have recently made changes to their positions in the stock. ProShare Advisors LLC bought a new position in Quipt Home Medical in the second quarter worth about $35,000. SG Americas Securities LLC purchased a new position in shares of Quipt Home Medical in the 3rd quarter worth approximately $44,000. Atom Investors LP bought a new position in shares of Quipt Home Medical during the 3rd quarter worth approximately $51,000. XTX Topco Ltd purchased a new stake in Quipt Home Medical during the third quarter valued at approximately $54,000. Finally, Jane Street Group LLC boosted its stake in Quipt Home Medical by 28.5% in the third quarter. Jane Street Group LLC now owns 41,926 shares of the company’s stock valued at $122,000 after acquiring an additional 9,290 shares in the last quarter. 42.85% of the stock is currently owned by hedge funds and other institutional investors.

About Quipt Home Medical

Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States. The company offers nebulizers, oxygen concentrators, and CPAP and BiPAP units; traditional and non-traditional durable medical respiratory equipment and services; non-invasive ventilation equipment, supplies, and services; and engages in the rental of medical equipment.