The Joint CorpJYNT
Market Cap: 214M
About: The Joint Corp develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and the sales of regional developer rights throughout the United States. The doctors of chiropractic develop personalized treatment plans to relieve patients' pain and deliver ongoing preventative care. The Company has two operating business segments; the Corporate Clinics segment is comprised of the operating activities of the company-owned or managed clinics, and The Franchise Operations segment is comprised of the operating activities of the franchise business unit. The company generates maximum revenue from the Corporate clinic's segment.
Employees: 794
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
33% more capital invested
Capital invested by funds: $109M [Q4 2023] → $145M (+$35.6M) [Q1 2024]
27% more call options, than puts
Call options by funds: $626K | Put options by funds: $492K
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
2.06% less ownership
Funds ownership: 77.13% [Q4 2023] → 75.07% (-2.06%) [Q1 2024]
7% less funds holding
Funds holding: 89 [Q4 2023] → 83 (-6) [Q1 2024]
31% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 35
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Research analyst outlook
2 Wall Street Analysts provided 1 year price forecasts over the past 6 months
2 analyst ratings
B. Riley Securities Jeff Van Sinderen | 40%upside $20 | Buy Maintained | 6 May 2024 |
Roth MKM George Kelly | 12%upside $16 | Buy Reiterated | 3 May 2024 |