The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics in the United States. The company operates through two segments, Corporate Clinics and Franchise Operations. It operates through direct ownership, management arrangements, franchising, and the sale of regional developer rights. As of January 27, 2021, the company operated approximately 550 locations in the United States. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.
IPO Year: 2014
Exchange: NASDAQ
Website: thejoint.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/19/2023 | $9.00 | Hold | Craig Hallum |
| 8/11/2023 | Buy → Hold | Maxim Group | |
| 3/13/2023 | $12.00 → $15.00 | Underperform → Neutral | DA Davidson |
| 8/5/2022 | $31.00 | Neutral → Buy | B. Riley Securities |
| 8/5/2022 | $36.00 | Hold → Buy | Maxim Group |
| 5/9/2022 | $69.00 → $13.00 | Neutral → Underperform | DA Davidson |
| 5/6/2022 | $90.00 → $30.00 | Buy → Hold | Craig Hallum |
| 2/25/2022 | $128.00 → $69.00 | Buy | DA Davidson |
| 8/9/2021 | $65.00 → $128.00 | Buy | DA Davidson |
| 8/6/2021 | $100.00 → $105.00 | Buy | Roth Capital |
SCOTTSDALE, Ariz., Oct. 29, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, announces its newest sponsorship agreement with Grand Canyon University Athletics. The brand has been named the Official Chiropractor of Grand Canyon University Athletics for a two-year term through 2026. "We are honored to join Lope Country and support the student athletes of Grand Canyon University through our partnership," said Sanjiv Razdan, president and CEO of The Joint Corp. "This sponsorship demons
SCOTTSDALE, Ariz., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT) ("The Joint or "the Company"), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, today announced that it granted equity awards on October 14, 2024 as a material inducement to the employment of the Company's newly hired President and Chief Executive Officer, Sanjiv Razdan. In connection with the appointment of Razdan as President and Chief Financial Officer on October 14, 2024, the Company granted Razdan employment inducement awards consisting of (a) 38,059 stock options and (b) 38,059 time-based restricted stock awards, each with an effective grant date of October
-Seasoned Franchise Executive to also Join the Company's Board of Directors- SCOTTSDALE, Ariz., Oct. 14, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT) ("The Joint or "the Company"), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, welcomes Sanjiv Razdan as its President and Chief Executive Officer effective today. Razdan will also serve as a member of the company's Board of Directors and, as CEO, will report to the Board. The company also announces the resignation of Peter D. Holt from his positions as President, CEO, and director of the Company. "Sanjiv is a globally experienced consumer services and franchise business leader," sai
SCOTTSDALE, Ariz., Sept. 12, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, welcomes Beth Gross as the organization's new Senior Vice President of Human Resources. She will report directly to Peter D. Holt, President and Chief Executive Officer of The Joint Corp. "I look forward to working alongside the executive leadership team and my human resources colleagues," said Gross."In today's rapidly changing job market, human resources is the driving force that connects high-performin
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SCOTTSDALE, Ariz., Oct. 29, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, announces its newest sponsorship agreement with Grand Canyon University Athletics. The brand has been named the Official Chiropractor of Grand Canyon University Athletics for a two-year term through 2026. "We are honored to join Lope Country and support the student athletes of Grand Canyon University through our partnership," said Sanjiv Razdan, president and CEO of The Joint Corp. "This sponsorship demons
SCOTTSDALE, Ariz., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT) the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, announced it will report its third quarter 2024 financial results on Thursday, November 7, 2024, after the market close. President and CEO Sanjiv Razdan and CFO Jake Singleton will hold a conference call at 5:00 p.m. EST that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call
SCOTTSDALE, Ariz., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT) ("The Joint or "the Company"), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, today announced that it granted equity awards on October 14, 2024 as a material inducement to the employment of the Company's newly hired President and Chief Executive Officer, Sanjiv Razdan. In connection with the appointment of Razdan as President and Chief Financial Officer on October 14, 2024, the Company granted Razdan employment inducement awards consisting of (a) 38,059 stock options and (b) 38,059 time-based restricted stock awards, each with an effective grant date of October
-Seasoned Franchise Executive to also Join the Company's Board of Directors- SCOTTSDALE, Ariz., Oct. 14, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT) ("The Joint or "the Company"), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, welcomes Sanjiv Razdan as its President and Chief Executive Officer effective today. Razdan will also serve as a member of the company's Board of Directors and, as CEO, will report to the Board. The company also announces the resignation of Peter D. Holt from his positions as President, CEO, and director of the Company. "Sanjiv is a globally experienced consumer services and franchise business leader," sai
SCOTTSDALE, Ariz., Oct. 10, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, has been recognized on the annual Franchise Times Top 400. The list ranks the largest franchised systems, based in the United States, according to global, systemwide sales. The Joint Chiropractic is positioned at 150, moving up 18 spots. This is The Joint's' fifth year in the top 200 listing of brands, which coincides with the popularity of the personal services category. "This recognition reflects the ded
SCOTTSDALE, Ariz., Oct. 8, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, proudly celebrates its 25th anniversary with the "Remix Your Health" promotion that brings pricing back to 1999. For a limited time, existing patients can enjoy retro membership rates, underscoring The Joint's ongoing commitment to making chiropractic care accessible and affordable. "Our 25th anniversary is a chance to reflect on our history & thank our patients," said Peter D. Holt, President & CEO.Anniver
SCOTTSDALE, Ariz., Sept. 12, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, welcomes Beth Gross as the organization's new Senior Vice President of Human Resources. She will report directly to Peter D. Holt, President and Chief Executive Officer of The Joint Corp. "I look forward to working alongside the executive leadership team and my human resources colleagues," said Gross."In today's rapidly changing job market, human resources is the driving force that connects high-performin
SCOTTSDALE, Ariz., Aug. 22, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, was named one of the Top 50 Franchises in the May/June 2024 money issue of SUCCESS. The Joint is listed in the health and wellness category and is one of just a short list of brands chosen. The publication says "these tried-and-tested business opportunities come with more support, greater brand recognition and economies of scale." "We're honored SUCCESS named The Joint as one of its 50 top successful & fas
SCOTTSDALE, Ariz., Aug. 20, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced that management plans to participate in the 7th Annual B. Riley Securities Consumer & TMT Conference on Thursday, September 12, 2024 at the Sofitel New York. President and CEO Peter D. Holt and CFO Jake Singleton will be conducting one-on-one meetings throughout the day. Interested parties may contact their B. Riley Securities representative. About The Joint Corp. (NASDAQ:JYNT)The Joint Corp. (NASDAQ:JYNT) revolutionized access to chiropractic care when it introduced its retail healthcare business model i
SCOTTSDALE, Ariz., Aug. 13, 2024 /PRNewswire/ -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, has opened its first The Joint clinic in San Francisco, Calif. The new clinic is located at 1549-A Sloat Blvd. in Lakeshore Plaza. It's the second location for Franchisee Jacki Walker, who also opened a clinic in Daly City, Calif. in April. "We are excited to open our first location in San Francisco," said Peter D. Holt, President and CEO of The Joint Corp."As part of our strategy to meet our patients' hea
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SCOTTSDALE, Ariz., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT) the nation's largest franchisor of chiropractic care through The Joint Chiropractic® network, announced it will report its third quarter 2024 financial results on Thursday, November 7, 2024, after the market close. President and CEO Sanjiv Razdan and CFO Jake Singleton will hold a conference call at 5:00 p.m. EST that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call
SCOTTSDALE, Ariz., July 25, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its second quarter 2024 financial results on Thursday, August 8, 2024, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing 1-(833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call
SCOTTSDALE, Ariz., April 18, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its first quarter 2024 financial results on Thursday, May 2, 2024, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing 1-(833) 630-0823 or (412) 317-1831 and ask to be joined into the 'The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call
SCOTTSDALE, Ariz., Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its fourth quarter and year-end 2023 financial results on Thursday, March 7, 2024, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of
SCOTTSDALE, Ariz., Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its third quarter 2023 financial results on Thursday, November 9, 2023, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call w
SCOTTSDALE, Ariz., Sept. 06, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), a national operator, manager, and franchisor of chiropractic clinics, announced the company intends to restate previously issued audited financial statements as of and for the year ending December 31, 2022 contained in the Annual Report on Form 10-K for the year ended December 31, 2022 and the unaudited interim financial statements contained in the Quarterly Reports on Form 10-Q for the quarters and cumulative periods ended June 30, 2022, and September 30, 2022 (the "Previously Issued Financial Statements") related to the reacquisition of regional developer rights and transfer pricing adjustments for the C
SCOTTSDALE, Ariz., July 13, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its second quarter 2023 financial results on Thursday, August 10, 2023, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of th
SCOTTSDALE, Ariz., June 20, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer (RD) territory rights for Wisconsin for $950,000 on June 15, 2023. The demographic modeling for Wisconsin indicates the potential for a total of 53 clinics, including the 21 existing franchised clinics, one clinic in active development and 31 sites for future clinic development. "Acquiring the regional developer territory rights for Wisconsin will increase the margin contribution within the franchise segment," said President and Chief Executive Officer of The Joint Corp. Peter D. Hol
SCOTTSDALE, Ariz., April 20, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its first quarter 2023 financial results on Thursday, May 4, 2023, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call with
SCOTTSDALE, Ariz., Feb. 23, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced it will report its fourth quarter and year end 2022 financial results on Thursday, March 9, 2023, after the market close. President and CEO Peter D. Holt and CFO Jake Singleton will hold a conference call at 5:00 p.m. ET that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the ‘The Joint' call approximately 15 minutes prior to the start time. The live webcast of
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Craig Hallum resumed coverage of Joint Corp with a rating of Hold and set a new price target of $9.00
Maxim Group downgraded Joint Corp from Buy to Hold
DA Davidson upgraded Joint Corp from Underperform to Neutral and set a new price target of $15.00 from $12.00 previously
B. Riley Securities upgraded Joint Corp from Neutral to Buy and set a new price target of $31.00
Maxim Group upgraded Joint Corp from Hold to Buy and set a new price target of $36.00
DA Davidson downgraded Joint Corp from Neutral to Underperform and set a new price target of $13.00 from $69.00 previously
Craig Hallum downgraded Joint Corp from Buy to Hold and set a new price target of $30.00 from $90.00 previously
DA Davidson reiterated coverage of Joint with a rating of Buy and set a new price target of $69.00 from $128.00 previously
DA Davidson reiterated coverage of Joint with a rating of Buy and set a new price target of $128.00 from $65.00 previously
Roth Capital reiterated coverage of Joint with a rating of Buy and set a new price target of $105.00 from $100.00 previously
B. Riley Securities analyst Jeff Van Sinderen maintains Joint (NASDAQ:JYNT) with a Buy and raises the price target from $12 to $20.
Roth MKM analyst George Kelly reiterates Joint (NASDAQ:JYNT) with a Buy and raises the price target from $13 to $16.
Joint (NASDAQ:JYNT) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $(0.01) by 700 percent. This is a 62.5 percent decrease over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $29.722 million which beat the analyst consensus estimate of $29.591 million by 0.44 percent. This is a 5.02 percent increase over sales of $28.301 million the same period last year.
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