Joann Inc

Company Profile

Joann Inc had its IPO on 2021-03-12 under the ticker symbol JOAN.

The company operates in the Consumer Cyclical sector and Specialty Retail industry. Joann Inc has a staff strength of 5,000 employees.

Stock update

Shares of Joann Inc opened at $0.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.9 - $0.97, and closed at $0.91.

This is a -1.12% slip from the previous day's closing price.

A total volume of 49,314 shares were traded at the close of the day’s session.

In the last one week, shares of Joann Inc have slipped by -12.53%.

Joann Inc's Key Ratios

Joann Inc has a market cap of $42.82 million, indicating a price to book ratio of 3.4193 and a price to sales ratio of 0.0655.

In the last 12-months Joann Inc’s revenue was $2.19 billion with a gross profit of $1.04 billion and an EBITDA of $-81200000. The EBITDA ratio measures Joann Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Joann Inc’s operating margin was -7.06% while its return on assets stood at -4.03% with a return of equity of -2482.49%.

In Q2.3333333333333, Joann Inc’s quarterly earnings growth was a negative -68.7% while revenue growth was a negative 2.1%.

Joann Inc’s PE and PEG Ratio

Forward PE

4.2355

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-5.74 per share while it has a forward price to earnings multiple of 4.2355 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Joann Inc’s profitability.

Joann Inc stock is trading at a EV to sales ratio of 0.924 and a EV to EBITDA ratio of -632.6233. Its price to sales ratio in the trailing 12-months stood at 0.0655.

Joann Inc stock pays annual dividends of $0.11 per share, indicating a yield of 42.31% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.26 billion

Total Liabilities

$563.30 million

Operating Cash Flow

$0

Capital Expenditure

$10.90 million

Dividend Payout Ratio

0%

Joann Inc ended 2024 with $2.26 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.26 billion while shareholder equity stood at $-162200000.00.

Joann Inc ended 2024 with $0 in deferred long-term liabilities, $563.30 million in other current liabilities, 400000.00 in common stock, $-366700000.00 in retained earnings and $162.00 million in goodwill. Its cash balance stood at $19.10 million and cash and short-term investments were $19.10 million. The company’s total short-term debt was $178,800,000 while long-term debt stood at $1.09 billion.

Joann Inc’s total current assets stands at $723.70 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $261.70 million and inventory worth $642.00 million.

In 2024, Joann Inc's operating cash flow was $0 while its capital expenditure stood at $10.90 million.

Comparatively, Joann Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.91

52-Week High

$8.57

52-Week Low

$0.79

Analyst Target Price

$1.38

Joann Inc stock is currently trading at $0.91 per share. It touched a 52-week high of $8.57 and a 52-week low of $8.57. Analysts tracking the stock have a 12-month average target price of $1.38.

Its 50-day moving average was $1.12 and 200-day moving average was $2.25 The short ratio stood at 2.83 indicating a short percent outstanding of 0%.

Around 388.7% of the company’s stock are held by insiders while 8963.9% are held by institutions.