The Joint Corp. (NASDAQ:JYNT) has a beta of 1.30, a 12-month trailing P/E ratio of 72.43, and a growth ratio of 3.62. The stock’s Relative Strength Index (RSI) is 78.79, with weekly volatility at 3.66% and ATR at 3.33. The JYNT stock’s 52-week price range has touched low of $13.60 and a $72.45 high. Its shares traded higher over the last trading session, gaining 0.50% on 06/03/21. The shares fell to a low of $69.55 before closing at $72.00. Intraday shares traded counted 0.84 million, which was -225.54% lower than its 30-day average trading volume of 258.21K. JYNT’s previous close was $71.64 while the outstanding shares total 14.18M.
Investors have identified the Medical Care Facilities company The Joint Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.01 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
The Joint Corp. (JYNT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JYNT, the company has in raw cash 18.01 million on their books with 2.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 23.16 million total, with 17.64 million as their total liabilities.
JYNT were able to record 1.32 million as free cash flow during the 08/12/2021 quarter of the year, this saw their quarterly net cash flow reduce by -2.81 million. In cash movements, the company had a total of 2.27 million as operating cash flow.
Potential earnings growth for The Joint Corp. (JYNT)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/12/2021 quarter of the year, The Joint Corp. recorded a total of 17.55 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 22.24% coming in sequential stages and their sales for the 08/12/2021 quarter increasing by 2.91%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.76 million trying to sell their products during the last quarter, with the result yielding a gross income of 15.78 million. This allows shareholders to hold on to 14.18M with the recently reported earning now reading 0.16 cents per share. This is a figure that compared to analyst’s prediction for their 08/12/2021 (0.16 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.54 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JYNT sounds very interesting.
Is the stock of JYNT attractive?
In related news, Director, Amos James H. JR sold 54,000 shares of the company’s stock in a transaction that recorded on Jun 02. The sale was performed at an average price of 72.00, for a total value of 3,887,930. As the sale deal closes, the , Bandera Partners LLC now sold 191,953 shares of the company’s stock, valued at 13,782,552. Also, , Bandera Partners LLC sold 120,307 shares of the company’s stock in a deal that was recorded on Jun 01. The shares were price at an average price of 71.52 per share, with a total market value of 8,604,200. Following this completion of acquisition, the , Bandera Partners LLC now holds 57,053 shares of the company’s stock, valued at 4,072,289. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
4 out of 5 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on The Joint Corp.. 0 analysts has assigned a Sell rating on the JYNT stock. The 12-month mean consensus price target for the company’s shares has been set at $64.60.