The Joint Corp. (NASDAQ:JYNT – Free Report) – Investment analysts at B. Riley lifted their FY2025 earnings per share estimates for Joint in a report released on Friday, November 8th. B. Riley analyst J. Van. Sinderen now anticipates that the company will earn $0.62 per share for the year, up from their prior estimate of $0.58. The consensus estimate for Joint’s current full-year earnings is $0.13 per share. B. Riley also issued estimates for Joint’s FY2026 earnings at $0.60 EPS.
JYNT has been the subject of a number of other reports. StockNews.com downgraded Joint from a “buy” rating to a “hold” rating in a report on Thursday. Roth Mkm decreased their price target on Joint from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Friday.
Joint Price Performance
Shares of JYNT stock opened at $11.61 on Monday. The firm has a market cap of $174.15 million, a P/E ratio of -10.18 and a beta of 1.57. Joint has a 1-year low of $7.31 and a 1-year high of $17.82. The firm has a fifty day moving average of $11.26 and a two-hundred day moving average of $12.96.
Joint (NASDAQ:JYNT – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.05). Joint had a negative net margin of 13.95% and a positive return on equity of 7.89%. The company had revenue of $30.26 million during the quarter, compared to analyst estimates of $29.65 million.
Institutional Trading of Joint
Several institutional investors and hedge funds have recently added to or reduced their stakes in JYNT. Los Angeles Capital Management LLC acquired a new stake in shares of Joint during the 2nd quarter valued at $1,115,000. Clayton Partners LLC raised its holdings in Joint by 38.1% in the 2nd quarter. Clayton Partners LLC now owns 186,500 shares of the company’s stock worth $2,622,000 after acquiring an additional 51,500 shares during the period. Ancora Advisors LLC boosted its stake in Joint by 105.0% during the 1st quarter. Ancora Advisors LLC now owns 99,212 shares of the company’s stock valued at $1,296,000 after purchasing an additional 50,815 shares during the period. First Foundation Advisors grew its position in Joint by 18.8% in the 1st quarter. First Foundation Advisors now owns 209,301 shares of the company’s stock worth $2,733,000 after purchasing an additional 33,104 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Joint by 5.5% in the 2nd quarter. Renaissance Technologies LLC now owns 394,478 shares of the company’s stock worth $5,546,000 after acquiring an additional 20,400 shares during the period. 76.88% of the stock is owned by institutional investors and hedge funds.
About Joint
The Joint Corp. operates and franchises chiropractic clinics in the United States. The company operates in two segments, Corporate Clinics and Franchise Operations. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona.
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