Bullboard - Stock Discussion Forum Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators... see more

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TSX:QIPT - Post Discussion

Quipt Home Medical Corp > Beacon PT to $15.50

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Post by SBAASTOCKS11 on Aug 24, 2021 1:59pm

Beacon PT to $15.50

• Putting all of this together, QIPT is set for very strong growth over our projection period through organic and non-organic growth. We are both raising our FY21 and FY22 forecasts as well as introducing our FY23 estimates. We now model rev/EBITDA of $103.4m/$22.5m for FY21 (from $102m/$22.2m), $128m/$28.2m for FY22 (from $120.5m/$26.5m) and $141m/$32.4m for FY23. Note that Apria (APR – US, NR) is +50% since it reported its last quarter and trading at all-time high. QIPT is set for its breakout. Buy, Raise TP to C$15.50 (12x FY EBITDA) from C$13.40.

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