QUALTEK SERVICES INC-A (QTEK) Forecast, Price Target & Analyst Ratings

NASDAQ:QTEK • US74760R3030

Current stock price

0.075 USD
-0.01 (-16.29%)
At close:
0.0798 USD
+0 (+6.4%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for QUALTEK SERVICES INC-A (QTEK).

Forecast Snapshot

Consensus Price Target

Price Target
$3.57
+ 4,660.00% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q1 / 2023
EPS Estimate
-$0.64
Revenue Estimate
175.54M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$3.57
Upside
+ 4,660.00%
From current price of $0.08 to mean target of $3.57, Based on 8 analyst forecasts
Low
$3.54
Median
$3.57
High
$3.68

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for QTEK. The average price target is 3.57 USD. This implies a price increase of 4660% is expected in the next year compared to the current price of 0.075.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

QTEK Current Analyst RatingQTEK Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

QTEK Historical Analyst RatingsQTEK Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -15 -14 -13 -12 -11 -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 0 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
QTEK was analyzed by 8 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about QTEK.
In the previous month the buy percentage consensus was at a similar level.
QTEK was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-03-17OppenheimerDowngrade Outperform -> Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q1 / 2023
EPS Estimate
-$0.64
Revenue Estimate
175.54M
Revenue Q2Q
18.48%
EPS Q2Q
-236.72%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
3.49%
EPS (1 Month)
0.00%
EPS (3 Months)
-43.18%

Next Earnings Summary

The next earnings revenue estimate has been revised upward by 3.49% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
QTEK revenue by date.QTEK revenue by date.
753.856M890.83M
18.17%		997.85M
12.01%		1.069B
7.13%		1.124B
5.14%
EBITDA
YoY % growth
QTEK ebitda by date.QTEK ebitda by date.
N/AN/A18.673M74.964M
301.46%		97.232M
29.70%		122.91M
26.41%		131.48M
6.97%
EBIT
YoY % growth
QTEK ebit by date.QTEK ebit by date.
-980
20.33%		-3.953M
-403,261.22%		-39.704M
-904.42%		19.926M
150.19%		33.86M
69.93%		63.036M
86.17%		73.032M
15.86%
Operating Margin
QTEK operating margin by date.QTEK operating margin by date.
N/AN/A-5.27%2.24%3.39%5.90%6.50%
EPS
YoY % growth
QTEK eps by date.QTEK eps by date.
N/AN/AN/A-0.69
-23.64%		-0.41
41.18%		0.38
192.50%		0.69
83.78%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		-0.64
-236.72%		-0.40
20.44%		-0.12
5.85%		-0.38
-105.56%
Revenue
Q2Q % growth		175.54M
18.48%		217.72M
18.18%		250.41M
15.87%		213.16M
3.80%
EBITDA
Q2Q % growth		2.769M
145.51%		13.825M
-23.92%		26.588M
-50.47%		15.092M
-63.79%
EBIT
Q2Q % growth		-12.573M
39.70%		-1.633M
85.66%		11.013M
19.32%		-575.28K
96.55%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

QTEK Yearly Revenue VS EstimatesQTEK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
QTEK Yearly EPS VS EstimatesQTEK Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 0 0.2 -0.2 0.4 -0.4 0.6 -0.6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
38.78%
EPS Next 5 Year
34.13%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
11.46%
Revenue Next 5 Year
9.84%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
94.10%
EBIT Next 5 Year
66.49%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

QUALTEK SERVICES INC-A / QTEK Forecast FAQ

Can you provide the average price target for QUALTEK SERVICES INC-A stock?

8 analysts have analysed QTEK and the average price target is 3.57 USD. This implies a price increase of 4660% is expected in the next year compared to the current price of 0.075.

What are the consensus estimates for QUALTEK SERVICES INC-A (QTEK) next earnings?

The consensus EPS estimate for the next earnings of QUALTEK SERVICES INC-A (QTEK) is -0.64 USD and the consensus revenue estimate is 175.54M USD.

How many analysts cover QUALTEK SERVICES INC-A (QTEK) stock?

The number of analysts covering QUALTEK SERVICES INC-A (QTEK) is 8.