Should I buy or sell JOANN stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JOANN in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" JOAN shares. View JOAN analyst ratings or view top-rated stocks .

What is JOANN's stock price target for 2024?

4 Wall Street research analysts have issued 1-year target prices for JOANN's shares. Their JOAN share price targets range from $1.00 to $3.00. On average, they anticipate the company's share price to reach $1.67 in the next twelve months. This suggests a possible upside of 202.5% from the stock's current price. View analysts price targets for JOAN or view top-rated stocks among Wall Street analysts .

How have JOAN shares performed in 2023?

JOANN's stock was trading at $2.85 at the beginning of the year. Since then, JOAN stock has decreased by 80.7% and is now trading at $0.5509. View the best growth stocks for 2023 here .

When is JOANN's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, December 4th 2023. View our JOAN earnings forecast .

How can I listen to JOANN's earnings call?

JOANN will be holding an earnings conference call on Monday, December 4th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were JOANN's earnings last quarter?

JOANN Inc. (NASDAQ:JOAN) posted its earnings results on Wednesday, December, 1st. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.11. The business earned $611 million during the quarter, compared to analysts' expectations of $620.84 million. The business's quarterly revenue was down 14.4% compared to the same quarter last year. During the same period last year, the company earned $1.84 earnings per share.

(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.

Who are JOANN's major shareholders?

JOANN's stock is owned by a variety of retail and institutional investors. Top institutional investors include GSA Capital Partners LLP (0.85%), Simplex Trading LLC (0.00%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ann Aber, Christopher Ditullio, Darrell Webb , Equity Investors Cf LP Green, Equity Investors V LP Green, Janet Duliga , Joseph Thibault, Marybeth Hays, Matthew B Susz , Michael Sagar Joyce, Robert Will , Scott Sekella, Thomas A Dryer, Varadheesh Chennakrishnan and Wade D Miquelon . View institutional ownership trends .

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

JOANN Stock Price, News & Analysis (NASDAQ:JOAN)

$0.55

+0.05 (+9.98%)

(As of 11/29/2023 ET)

Compare

Today's Range: $0.52
▼
$0.56
50-Day Range: $0.41
▼
$0.88
52-Week Range: $0.39
▼
$5.15

Volume: 158,992 shs
Average Volume: 179,602 shs
Market Capitalization: $23.09 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.67

JOANN MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.75 Rating Score
Upside/Downside: 202.5% Upside
$1.67 Price Target
Short Interest: Bearish
5.85% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.40
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.32) to ($1.55) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Retail/Wholesale Sector

183rd out of 211 stocks

Miscellaneous Shopping Goods Stores Industry

8th out of 8 stocks

2.9

Analyst's Opinion

Consensus Rating
JOANN has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $1.67, JOANN has a forecasted upside of 202.5% from its current price of $0.55.
Amount of Analyst Coverage
JOANN has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.85% 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 12.6, which indicates bearish sentiment.
Change versus previous month
Short interest in JOANN has recently decreased by 3.54%, indicating that investor sentiment is improving.

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.

1.9

News and Social Media Coverage

News Sentiment
JOANN has a news sentiment score of 0.40. 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 0.51 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for JOANN this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for JOAN on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added JOANN to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

1.7

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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for JOANN are expected to grow in the coming year, from ($2.32) to ($1.55) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JOANN is -0.10, 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 -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

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.

JOAN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

JOAN Stock News Headlines

November 29, 2023 | msn.com

Mosinee family honored at Capitol ceremony for outstanding work as adoptive parents

November 28, 2023 | news.yahoo.com

Get ready for the best festive entertaining with Joann Butler's top picks

November 30, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 27, 2023 | americanbankingnews.com

JOANN (JOAN) to Release Earnings on Monday

November 25, 2023 | msn.com

'Retirement isn't that easy': 3 people on working into their 90s and 100s

November 24, 2023 | americanbankingnews.com

JOANN Sees Unusually High Options Volume (NASDAQ:JOAN)

November 22, 2023 | detroitnews.com

Joann (Mularoni) Holden

November 22, 2023 | news.yahoo.com

'It makes me cry': Kitsap mobile home park tenants face significant rent increases

November 30, 2023 | Edge On The Street (Ad)

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November 17, 2023 | msn.com

A Mentor and a Person to Emulate: East Brunswick Community Celebrates the Life of Dr. JoAnn Magistro

November 16, 2023 | qchron.com

Ariola swears in future leaders

November 15, 2023 | msn.com

Gun found at deceased couple’s Lancaster County home sent off for testing

November 15, 2023 | finance.yahoo.com

JOANN Schedules Third Quarter Fiscal 2024 Earnings Release and Conference Call

November 13, 2023 | msn.com

She went missing a year ago. Her family hopes for answers but finds 'only more questions'

November 13, 2023 | finance.yahoo.com

JOANN Launches Early Black Friday Deals to Help Customers Beat the Holiday Rush

November 13, 2023 | 247wallst.com

Another Retailer Takes the Sears Pounding

November 12, 2023 | msn.com

Reminder: Celebration of Life for Dr. JoAnn Magistro Set for Wednesday, November 15

November 10, 2023 | msn.com

New details in bizarre case of missing Anthem woman JoAnn Dudek one year after disappearance

November 10, 2023 | msn.com

Jeanie Buss Reveals Her Parents Gave Up Her Elder Sister To Adoption

November 10, 2023 | msn.com

How To Order Whiskey At A Bar Like You Know What You're Doing

November 9, 2023 | startribune.com

JoAnn 'Jo' Block

November 7, 2023 | msn.com

Lancaster County man found shot alongside his wife has died

November 6, 2023 | omaha.com

Lancaster County Sheriff's Office IDs woman killed in shooting

November 6, 2023 | finance.yahoo.com

Leading Organization and Lifestyle Brand Erin Condren Launches New Collection in JOANN Stores Nationwide

November 6, 2023 | msn.com

Couple in northwest Lancaster County found shot in their home

November 6, 2023 | finance.yahoo.com

JOANN Releases Corporate Responsibility Impact Report, Highlighting Progress and Updated EVERGREEN Strategy

November 6, 2023 | news.yahoo.com

Christine Myers of Lexington awarded JoAnn Dutton Volunteer Service Award

See More Headlines

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Company Calendar

Last Earnings: 12/01/2021
Today: 11/30/2023
Next Earnings (Confirmed): 12/04/2023
Fiscal Year End: 1/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous shopping goods stores
Sub-Industry: N/A
Sector: Retail/Wholesale
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: $1.67
High Stock Price Target: $3.00
Low Stock Price Target: $1.00
Potential Upside/Downside: +202.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.73)
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: -10.79%
Pretax Margin: -13.13%
Return on Equity: N/A
Return on Assets: -4.49%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.28
Quick Ratio: 0.15

Sales & Book Value

Annual Sales: $2.22 billion
Price / Sales: 0.01
Cash Flow: $1.15 per share
Price / Cash Flow: 0.48
Book Value: ($1.20) per share
Price / Book: -0.46

Miscellaneous

Outstanding Shares: 41,910,000
Free Float: 11,147,000
Market Cap: $23.09 million
Optionable: Not Optionable
Beta: 1.05

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Key Executives

Mr. Scott Sekella (Age 46)
Executive VP & CFO
Comp: $728.65k
Ms. Janet Duliga (Age 56)
Executive VP & Chief Administrative Officer
Comp: $487.07k
Mr. Christopher DiTullio (Age 50)
Executive VP & Chief Customer Officer
Comp: $489.06k
Mr. Robert Will (Age 45)
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 45)
Senior VP, Chief Legal Officer & Secretary
Ms. Lisa Wittman-Smith (Age 57)
Senior Vice President of Inventory Management & Business Insights
Mr. Joseph Thibault (Age 55)
Senior Vice President of Store Operations
Mr. Mario Sampson (Age 35)
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?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JOANN in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" JOAN shares.
View JOAN analyst ratings or view top-rated stocks.
What is JOANN's stock price target for 2024?: 4 Wall Street research analysts have issued 1-year target prices for JOANN's shares. Their JOAN share price targets range from $1.00 to $3.00. On average, they anticipate the company's share price to reach $1.67 in the next twelve months. This suggests a possible upside of 202.5% from the stock's current price.
View analysts price targets for JOAN or view top-rated stocks among Wall Street analysts.
How have JOAN shares performed in 2023?: JOANN's stock was trading at $2.85 at the beginning of the year. Since then, JOAN stock has decreased by 80.7% and is now trading at $0.5509.
View the best growth stocks for 2023 here.
When is JOANN's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, December 4th 2023.
View our JOAN earnings forecast.
How can I listen to JOANN's earnings call?: JOANN will be holding an earnings conference call on Monday, December 4th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were JOANN's earnings last quarter?: JOANN Inc. (NASDAQ:JOAN) posted its earnings results on Wednesday, December, 1st. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.11. The business earned $611 million during the quarter, compared to analysts' expectations of $620.84 million. The business's quarterly revenue was down 14.4% compared to the same quarter last year. During the same period last year, the company earned $1.84 earnings per share.
When did JOANN IPO?: (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.
Who are JOANN's major shareholders?: JOANN's stock is owned by a variety of retail and institutional investors. Top institutional investors include GSA Capital Partners LLP (0.85%), Simplex Trading LLC (0.00%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Ann Aber, Christopher Ditullio, Darrell Webb, Equity Investors Cf LP Green, Equity Investors V LP Green, Janet Duliga, Joseph Thibault, Marybeth Hays, Matthew B Susz, Michael Sagar Joyce, Robert Will, Scott Sekella, Thomas A Dryer, Varadheesh Chennakrishnan and Wade D Miquelon.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:JOAN) was last updated on 11/30/2023 by MarketBeat.com Staff

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JOANN Stock Price, News & Analysis (NASDAQ:JOAN)

JOANN MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About JOANN Stock (NASDAQ:JOAN)

JOAN Stock Price History

JOAN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

JOAN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™