JYNT - The Joint Corp. Switches Its Focus To Profitability
2024-04-20 04:12:51 ET
Summary
- JYNT’s 2023 performance still showed some growth although market challenges remain.
- Refranchise strategy is a conservative move and may benefit shareholders.
- RD acquisition may accelerate which also is a positive moving forward.
- The narrative surrounding JYNT is far from over; it still holds a buy rating.
Since my last update , the share price of The Joint Corp ( JYNT ) has seen some growth. However, the stock is still down by 88% from its peak in 2021. Market sentiment towards the stock remains subdued. Following the recent Q4 earnings call, I believe JYNT still presents a buying opportunity due to its future earnings potential. The recent strategic shift to improve margins also adds to its appeal. I will outline my reasoning for this assessment below....
The Joint Corp. Switches Its Focus To Profitability