B. Riley Weighs in on Joint’s FY2025 Earnings (NASDAQ:JYNT)

The Joint Corp. (NASDAQ:JYNT) – Investment analysts at B. Riley boosted their FY2025 earnings estimates for shares of Joint in a research note issued to investors on Friday, November 8th. B. Riley analyst J. Van. Sinderen now anticipates that the company will post earnings per share of $0.62 for the year, up from their previous forecast 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.

A number of other brokerages have also issued reports on JYNT. StockNews.com lowered Joint from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Roth Mkm reduced their price objective on Joint from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, November 8th.

Joint Trading Down 6.6 %

Shares of Joint stock opened at $11.75 on Monday. Joint has a 12-month low of $8.26 and a 12-month high of $17.82. The firm’s 50 day simple moving average is $11.28 and its two-hundred day simple moving average is $12.97. The firm has a market capitalization of $176.25 million, a price-to-earnings ratio of -11.04 and a beta of 1.57.

Institutional Investors Weigh In On Joint

Several hedge funds have recently added to or reduced their stakes in JYNT. Russell Investments Group Ltd. lifted its holdings in shares of Joint by 8.9% in the 1st quarter. Russell Investments Group Ltd. now owns 90,147 shares of the company’s stock valued at $1,177,000 after buying an additional 7,375 shares during the period. First Foundation Advisors boosted 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 in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Joint by 5.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 17,464 shares of the company’s stock worth $229,000 after purchasing an additional 837 shares during the period. Ancora Advisors LLC increased its holdings in shares of 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 in the last quarter. Finally, Avondale Wealth Management lifted its stake in shares of Joint by 15.8% in the 2nd quarter. Avondale Wealth Management now owns 22,000 shares of the company’s stock valued at $309,000 after purchasing an additional 3,000 shares during the period. 76.88% of the stock is owned by hedge funds and other institutional investors.

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.