CVE:QIPT

Quipt Home Medical (QIPT.V)

7.28
+0.23 (3.26%)
as of Jun 20, 2023, 7:59:56 pm Market Open.
75 watching
0
Investor Insights
star iconJul 24, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Quipt Home Medical (QIPT-X), a player in the healthcare sector, is facing challenges after the boom during the Covid-19 pandemic. Experts note that the market for home medical equipment and services has cooled significantly, leading to a decline in investor interest and market activity. Although there seems to be speculation about QIPT being a potential acquisition target, the company's ability to attract significant investment has waned in recent years. The overall sentiment indicates that the company may struggle to regain its previous momentum, and the changing dynamics of the healthcare space could further complicate its recovery and growth prospects. Investors are advised to tread carefully, considering both the company's historical performance and the current market conditions.

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Consensus
Bearish
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Valuation
Undervalued
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AMZN
PAST TOP PICK
(A Top Pick Sep 02/21, Down 19%) It deals in home care products, e.g. oxygen, etc. It has been growing the business by 30% over the year but the stock price is down because it is a small cap company. A different market moves them substantially higher. A recent banking deal allows for more acquisitions. It is moving from a regional player to a national one. Next year a lot of catalysts could move it higher.
WATCH
It is a Canadian company operating in just the U.S. The CEO has done a good job growing the business. It screens cheaply but needs more consistent profitability.
PAST TOP PICK
(A Top Pick Sep 02/21, Down 30%) Health care is moving into homes so it is in a good spot. It is still making accretive acquisitions and guiding 30% higher revenue. It is in 19 states. He continues to hold the debentures.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues have grown 41% since 2020 at $102M for 2021. 10% organic growth. Operational metrics are impressive that sets up the company well for future recurring revenues. Still some runway left, trading at 22x earnings. The balance sheet is healthy with net cash. Unlock Premium - Try 5i Free

TOP PICK
Home healthcare business with chronically ill patients. Growing organically at 10% per year. They are also acquiring companies and just announced 2 acquisitions. Fantastic margin at 22% EBITDA. The stock trades at 6x next year's EBITDA compared to 10x for their peers. Buying more right now. Will go higher as it gets rerated. (Analysts’ price target is $12.23)
TOP PICK
Chronic care, ventilators. Revenue growing at a fantastic rate, using a subscription model. Cheap compared to peers. Not a concern whether Medicare or Medicaid are cut. Perfect example of money rotation to small caps. Management owns a fairly good position. No dividend. (Analysts’ price target is $121.37)
PAST TOP PICK
(A Top Pick Jul 02/20, Up 72%) A US medical device company (lifts, oxyegen and other homecare products). Continues to like it, given aging demographics. The valuation is attractive. They continue to grow by acqusition, adding geographic regions and fragmented, small busineses. They have cash to buy more companies and are EBIDTA positive. Good cash flow. Expects this to get taken out one day. Price pressures are always a possibility if suppliers raise prices. Also there are reimbursement cuts in the U.S. medical system every few years, another caveat.
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