the joint was founded in tucson in 1999 by dr. fred gerretzen, whose vision was to turn the traditional and often misunderstood concept of routine chiropractic care into a simple and affordable reality. today, the joint delivers on that vision, with convenient locations nationwide whose shared purpose is to improve our patients' quality of life through routine and affordable chiropractic care. our mission. our mission is to improve quality of life through routine and affordable chiropractic care. that's why we built a nationwide network of modern, comfortable chiropractic locations staffed with experienced, licensed chiropractors. our membership plans are designed to make chiropractic care accessible, and our no-insurance-necessary approach to chiropractic care is revolutionizing the way people receive health care— putting the relationship back where it belongs, between you and your doctor. at the joint, we strive to maintain the highest quality of care and professionalism, while
![Joint logo](/files/LOGO/1612630-JYNT.png)
Company profile
Ticker
JYNT
Exchange
Website
CEO
Peter D. Holt
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
JYNT stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
29 May 24
8-K
Departure of Directors or Certain Officers
23 May 24
DEFA14A
Additional proxy soliciting materials
13 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
The Joint Corp. Reports First Quarter 2024 Financial Results
2 May 24
DEF 14A
Definitive proxy
19 Apr 24
10-K
2023 FY
Annual report
7 Mar 24
8-K
The Joint Corp. Reports Fourth Quarter and Year-end 2023 Financial Results
7 Mar 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
The Joint Corp. Reports Third Quarter 2023 Financial Results
9 Nov 23
Transcripts
JYNT
Earnings call transcript
2024 Q1
2 May 24
JYNT
Earnings call transcript
2023 Q4
7 Mar 24
JYNT
Earnings call transcript
2023 Q3
9 Nov 23
JYNT
Earnings call transcript
2023 Q2
13 Sep 23
JYNT
Earnings call transcript
2023 Q2
13 Sep 23
JYNT
Earnings call transcript
2023 Q2
10 Aug 23
JYNT
Earnings call transcript
2023 Q2
10 Aug 23
JYNT
Earnings call transcript
2023 Q1
4 May 23
JYNT
Earnings call transcript
2022 Q4
9 Mar 23
JYNT
Earnings call transcript
2022 Q3
3 Nov 22
Latest ownership filings
4
Suzanne M Decker
24 May 24
4
Ronald V DaVella
24 May 24
4
GLENN J KREVLIN
24 May 24
4
Matthew E Rubel
24 May 24
4
Abe Hong
24 May 24
4
Peter D Holt
24 May 24
4
Jake Singleton
24 May 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
26 Jan 24
SC 13G/A
MILLENNIUM MANAGEMENT LLC
12 Jan 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 19.67 mm | 19.67 mm | 19.67 mm | 19.67 mm | 19.67 mm | 19.67 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 33.90 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 131.07 k | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 19.54 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 576.2 | n/a | n/a |
Institutional ownership, Q1 2024
12.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 23 |
Opened positions | 18 |
Closed positions | 2 |
Increased positions | 2 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 19.17 bn |
Total shares | 1.93 mm |
Total puts | 22.00 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Skylands Capital | 689.03 k | $9.00 bn |
Alger Associates | 444.83 k | $7.42 mm |
Verus Capital Partners | 129.80 k | $1.70 bn |
O'Brien Greene & Co. | 114.62 k | $1.50 bn |
JCP Investment Management | 112.80 k | $1.47 bn |
Russell Investments | 90.15 k | $1.18 bn |
Susquehanna International | 59.23 k | $773.48 mm |
Victory Capital Management | 56.34 k | $735.77 mm |
BK Bank Of New York Mellon | 50.19 k | $655.42 mm |
Adell Harriman & Carpenter | 50.00 k | $653.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | Hong Abe | Common Stock | Grant | Acquire A | No | No | 0 | 2,958 | 0.00 | 21,148 |
22 May 24 | Rubel Matthew E | Common Stock | Grant | Acquire A | No | No | 0 | 2,958 | 0.00 | 12,468 |
22 May 24 | Glenn J Krevlin | Common Stock | Grant | Acquire A | No | No | 0 | 2,958 | 0.00 | 15,646 |
22 May 24 | DaVella Ronald V | Common Stock | Grant | Acquire A | No | No | 0 | 2,958 | 0.00 | 12,534 |
22 May 24 | Decker Suzanne M | Common Stock | Grant | Acquire A | No | No | 0 | 2,958 | 0.00 | 31,098 |
News
Quest Diagnostics to Expand in Canada With LifeLabs Buyout
5 Jul 24
B. Riley Securities Maintains Buy on Joint, Raises Price Target to $20
6 May 24
Roth MKM Reiterates Buy on Joint, Raises Price Target to $16
3 May 24
Joint Q1 2024 GAAP EPS $0.06 Beats $(0.01) Estimate, Sales $29.722M Beat $29.591M Estimate
2 May 24
Press releases
The Joint Corp. to Host Conference Call on Thursday, August 8th to Discuss Second Quarter 2024 Results
25 Jul 24
The Joint Corp. Engages Capstone Partners to Accelerate Refranchising Efforts
13 May 24
The Joint Corp. to Participate in Upcoming Investor Conferences
7 May 24
The Joint Corp. Reports First Quarter 2024 Financial Results
2 May 24