Should I buy or sell JOANN stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JOANN in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" JOAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JOAN, but not buy additional shares or sell existing shares. View JOAN analyst ratings or view top-rated stocks .

What is JOANN's stock price target for 2024?

3 Wall Street research analysts have issued 12 month price objectives for JOANN's stock. Their JOAN share price targets range from $0.75 to $1.50. On average, they predict the company's share price to reach $1.06 in the next twelve months. View analysts price targets for JOAN or view top-rated stocks among Wall Street analysts .

When is JOANN's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024. View our JOAN earnings forecast .

How were JOANN's earnings last quarter?

JOANN Inc. (NASDAQ:JOAN) posted its quarterly earnings results on Monday, December, 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.22) by $0.01. The company had revenue of $539.80 million for the quarter, compared to analysts' expectations of $541.05 million.

Is JOANN a good dividend stock?

JOANN (NASDAQ:JOAN) pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for JOAN .

JOANN (JOAN) raised $174 million in an IPO on Friday, March 12th 2021. The company issued 10,900,000 shares at $15.00-$17.00 per share. BofA Securities, Credit Suisse, Guggenheim Securities, Barclays, Wells Fargo Securities, Piper Sandler and William Blair served as the underwriters for the IPO and Telsey Advisory Group was co-manager.

How do I buy shares of JOANN?

Shares of JOAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:JOAN

JOANN (JOAN) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: $0.08
▼
$0.60
52-Week Range: N/A

Volume: 720,833 shs
Average Volume: 1.23 million shs
Market Capitalization: $4.32 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.06

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JOANN MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: ∞ Upside
$1.06 Price Target
Short Interest: Healthy
3.96% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.16
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.16 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
JOANN has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
JOANN has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.96% of the outstanding shares of JOANN have been sold short.
Short Interest Ratio / Days to Cover
JOANN has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in JOANN has recently decreased by 25.23%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
JOANN does not currently pay a dividend.
Dividend Growth
JOANN does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for JOAN.

1.2

News and Social Media Coverage

News Sentiment
JOANN has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for JOANN this week, compared to 7 articles on an average week.
Search Interest
Only 5 people have searched for JOAN on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added JOANN to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JOANN insiders have not sold or bought any company stock.
Percentage Held by Insiders
73.40% of the stock of JOANN is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
72.10% of the stock of JOANN is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of JOANN is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of JOANN is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About JOANN Stock (NASDAQ:JOAN)

JOANN Inc. operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States. The company products in sewing category include cotton fabrics; warm fabrics, such as fleece and flannel fabrics; home decorating and utility fabrics and accessories; fashion and sportswear fabrics; special occasion fabrics; pillow forms; stuffing, batting, and foams; seasonally themed and licensed fabric designs; and sewing construction supplies comprising cutting implements, threads, zippers, trims, tapes, pins, elastic, and buttons, as well as patterns for sewing projects. Its products in arts and crafts, home décor, and other categories consist of yarn and yarn accessories, and needlecraft kits and supplies; paper crafting components; craft materials; fine art materials; sewing machines, craft technology, lighting, irons, organizers, and other products; artificial floral products; seasonal décor and entertaining products; home décor accessories; ready-made frames; comprehensive assortment books and magazines; and non-merchandise services. The company offers its products through retail stores, as well as online. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. JOANN Inc. was founded in 1943 and is based in Hudson, Ohio. On March 18, 2024, JOANN Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

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JOAN Stock News Headlines

April 19, 2024 | msn.com

Music Column: New Horizons Band's spring concerts

April 18, 2024 | americanbankingnews.com

JOANN Sees Unusually Large Options Volume (NASDAQ:JOAN)

April 19, 2024 | Altimetry (Ad)

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"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

April 16, 2024 | msn.com

Hobby Lobby Employee Explains Why It's "Just an Expensive Dollar Tree Now"

April 13, 2024 | msn.com

‘Armed and dangerous’ police shooting suspect on the run in Lansing

April 13, 2024 | msn.com

‘City of No?’ Mayor Adams plan to NYC boost economy under fire by City Council

April 12, 2024 | americanbankingnews.com

Traders Purchase High Volume of Put Options on JOANN (NASDAQ:JOAN)

April 9, 2024 | wsj.com

Firm Retention Summary: Joann

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 9, 2024 | msn.com

Four Questions Retired Couples Should Ask Themselves About Their Finances—Today

April 8, 2024 | msn.com

New evidence found in unsolved murder of Minnesota beauty salon owner

April 7, 2024 | omaha.com

Omaha neighbors: Obituaries for April 7

March 29, 2024 | bizjournals.com

Joann Inc. shareholders will exit the company's bankruptcy with nothing

March 27, 2024 | msn.com

Why JOANN Stock Is Extremely Volatile Today

March 27, 2024 | investorplace.com

Joann (JOAN) Stock Plunges Ahead of Nasdaq Suspension

March 26, 2024 | msn.com

'An essential place to learn and practice': Locals respond to Joann bankruptcy filing

March 25, 2024 | investorplace.com

Dear JOAN Stock Fans, Brace for a Suspension on March 28

March 25, 2024 | investorplace.com

Why Is Joann (JOAN) Stock Down 11% Today?

March 24, 2024 | msn.com

Local reaction to Joann Fabrics and Crafts bankruptcy filing

March 23, 2024 | msn.com

Opinion: Once folks like me ditched our sewing machines, Joann Fabrics never stood a chance

March 22, 2024 | edition.cnn.com

Opinion: America briefly rediscovered a love of sewing. It wasn’t enough to rescue Joann Fabrics

March 21, 2024 | msn.com

Will bankrupt Joann close its fabric stores in Ventura County? Here's what we know

March 20, 2024 | msn.com

Joann files for Chapter 11 bankruptcy; says it will keep stores open and hand reins to lenders

March 20, 2024 | msn.com

Will Joann fabrics close? Joann files for chapter 11 bankruptcy. What to know about company stocks, headquarters, etc.

March 20, 2024 | yahoo.com

Fabrics Giant Joann Files For Bankruptcy

March 19, 2024 | bizjournals.com

Fabric and crafts retailer Joann starts 'prepackaged' bankruptcy restructuring

March 19, 2024 | msn.com

Joann files for Chapter 11 bankruptcy. What to know about the craft and fabric store's future.

See More Headlines

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Company Calendar

Last Earnings: 12/04/2023
Today: 4/19/2024
Next Earnings (Estimated): 6/03/2024
Fiscal Year End: 1/31/2025

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Miscellaneous shopping goods stores
Sub-Industry: N/A
Current Symbol: NASDAQ:JOAN
CUSIP: N/A
CIK: 1834585
Web: www.joann.com
Phone: 330-656-2600
Fax: N/A
Employees: 20,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.06
High Stock Price Target: $1.50
Low Stock Price Target: $0.75
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.81)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-200,600,000.00
Net Margins: -11.10%
Pretax Margin: -13.63%
Return on Equity: N/A
Return on Assets: -4.99%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.43
Quick Ratio: 0.20

Sales & Book Value

Annual Sales: $2.16 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 0.09
Book Value: ($1.20) per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 41,912,000
Free Float: 11,149,000
Market Cap: $4.32 million
Optionable: Optionable
Beta: 0.99

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Key Executives

Mr. Scott Sekella (Age 47)
Executive VP & CFO
Comp: $728.65k
Ms. Janet Duliga (Age 57)
Executive VP & Chief Administrative Officer
Comp: $487.07k
Mr. Christopher DiTullio (Age 51)
Executive VP & Chief Customer Officer
Comp: $489.06k
Mr. Robert Will (Age 46)
Executive VP & Chief Merchandising Officer
Comp: $486.01k
John Craig Stalcup
Senior VP & Chief Information Officer
Ajay Jain
Investor Relations Director
Ms. Ann Aber (Age 46)
Senior VP, Chief Legal Officer & Secretary
Ms. Lisa Wittman-Smith (Age 58)
Senior Vice President of Inventory Management & Business Insights
Mr. Joseph Thibault (Age 56)
Senior Vice President of Store Operations
Mr. Mario Sampson (Age 36)
Senior Vice President of Supply Chain

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

JOAN Stock Analysis - Frequently Asked Questions

Should I buy or sell JOANN stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JOANN in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" JOAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JOAN, but not buy additional shares or sell existing shares.
View JOAN analyst ratings or view top-rated stocks.
What is JOANN's stock price target for 2024?: 3 Wall Street research analysts have issued 12 month price objectives for JOANN's stock. Their JOAN share price targets range from $0.75 to $1.50. On average, they predict the company's share price to reach $1.06 in the next twelve months.
View analysts price targets for JOAN or view top-rated stocks among Wall Street analysts.
When is JOANN's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024.
View our JOAN earnings forecast.
How were JOANN's earnings last quarter?: JOANN Inc. (NASDAQ:JOAN) posted its quarterly earnings results on Monday, December, 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.22) by $0.01. The company had revenue of $539.80 million for the quarter, compared to analysts' expectations of $541.05 million.

Is JOANN a good dividend stock?: JOANN (NASDAQ:JOAN) pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for JOAN.
When did JOANN IPO?: JOANN (JOAN) raised $174 million in an IPO on Friday, March 12th 2021. The company issued 10,900,000 shares at $15.00-$17.00 per share. BofA Securities, Credit Suisse, Guggenheim Securities, Barclays, Wells Fargo Securities, Piper Sandler and William Blair served as the underwriters for the IPO and Telsey Advisory Group was co-manager.
How do I buy shares of JOANN?: Shares of JOAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:JOAN) was last updated on 4/19/2024 by MarketBeat.com Staff

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