The price of QRHC is predicted to go up 18.51%, based on the high correlation periods with TPVG. The similarity of these two price pattern on the periods is 98.47%.
QRHC
TPVG
Up: 18.51%Similarity: 98.47%
QRHC Revenue Forecast
QRHC EPS Forecast
QRHC FAQs
What is bull’s view on QRHC?
QRHC stock has a bullish outlook due to its recent refinancing success, which reduces annual interest expenses by $1 million and strengthens its balance sheet for growth and M&A opportunities. The stock's Q2 2024 EPS beat expectations, signaling operational improvements, though revenue missed slightly. With these developments, QRHC could target $7.50–$8.00 in the near term, contingent on sustained financial performance and market sentiment.
What is bear's view on QRHC?
QRHC stock currently trades at $5.00, reflecting a bearish sentiment due to a 19.4% pre-market decline. This drop follows mixed Q2 2024 earnings, where EPS beat expectations but revenue missed by 4.63%, signaling potential growth concerns. Despite recent refinancing efforts to reduce costs, the market remains cautious about its near-term performance.
What is QRHC revenue forecast for next quarter?
The market consensus for QRHC's revenue in the upcoming quarter is projected to be approximately $77.5M USD.