The Joint Corp (NASDAQ: JYNT) has reported E.P.S. of $-0.75 for its fourth fiscal quarter (ending December 31) versus $0.05 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $-0.66 compared to $0.04 a year ago.
Recent Price Action
The Joint Corp (NASDAQ: JYNT) stock declined by -3.3% on 3/7/24. The shares closed at $9.14. Moreover, this decline was accompanied by exceptionally high trading volume at 203% of normal. The stock has been weak relative to the market over the last nine months and has declined -6.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, JYNT is expected to be a modest Value Eraser.
Joint has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Joint has a poor Power Rating of 29 and a very low Appreciation Score of 5, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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