Joint (JYNT) to Release Earnings on Thursday

Joint (NASDAQ:JYNT) will be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Joint to post earnings of ($0.03) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Joint (NASDAQ:JYNT) last issued its earnings results on Thursday, March 7th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. Joint had a negative net margin of 8.19% and a positive return on equity of 7.80%. The company had revenue of $30.61 million for the quarter, compared to the consensus estimate of $29.63 million. On average, analysts expect Joint to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Joint Stock Down 2.5 %

Shares of NASDAQ JYNT opened at $12.28 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.08. Joint has a 52 week low of $7.31 and a 52 week high of $16.48. The firm’s fifty day moving average is $11.68 and its 200 day moving average is $9.92. The company has a market cap of $183.41 million, a price-to-earnings ratio of -18.61 and a beta of 1.59.

Analysts Set New Price Targets

Separately, TheStreet downgraded shares of Joint from a “c-” rating to a “d” rating in a research report on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $21.50.

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.