Joann Stock Buy Hold or Sell Recommendation

JOAN
 Stock
  

USD 6.62  0.16  2.36%   

Given the investment horizon of 90 days and your bold attitude towards risk, our recommendation regarding Joann Inc is 'Hold'. Macroaxis provides Joann buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Joann positions. The advice algorithm takes into account all of Joann's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Joann's buy-and-hold perspective. Please see Joann Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Joann and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Joann Inc.

Execute Joann Buy or Sell Advice

The Joann recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Joann Inc. Macroaxis does not own or have any residual interests in Joann Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Joann's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell JoannBuy Joann
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Joann Inc has a Risk Adjusted Performance of (0.021528), Jensen Alpha of 0.0924, Total Risk Alpha of 0.3745 and Treynor Ratio of (0.07)
We provide advice to complement the regular expert consensus on Joann. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Joann Inc is not overpriced, please check out all Joann fundamentals, including its gross profit, cash flow from operations, and the relationship between the price to earning and cash per share . Given that Joann Inc has a shares owned by institutions of 95.53 %, we strongly advise you to confirm Joann Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Joann Trading Alerts and Improvement Suggestions

Joann Inc generated a negative expected return over the last 90 days
Joann Inc has high historical volatility and very poor performance
Joann Inc has high likelihood to experience some financial distress in the next 2 years
Joann Inc currently holds about 22.3 M in cash with (102.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55.
Over 96.0% of the company shares are owned by institutional investors
On 23rd of September 2022 Joann paid $ 0.11 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Joann exotic insider transaction detected

Joann current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Joann analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Joann analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price6.67
Target Median Price7.00
Target High Price8.00
Recommendation Mean3.10
Number Of Analyst Opinions6
Target Low Price5.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Joann Returns Distribution Density

The distribution of Joann's historical returns is an attempt to chart the uncertainty of Joann's future price movements. The chart of the probability distribution of Joann stock daily returns describes the distribution of returns around its average expected value. We use Joann Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Joann returns is essential to provide solid investment advice for Joann.
Mean Return-0.12Value At Risk-9.17
Potential Upside9.24Standard Deviation4.80
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Joann historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Joann Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Joann is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Joann Inc backward and forwards among themselves. Joann's institutional investor refers to the entity that pools money to purchase Joann's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Leonard Green Partners LpCommon Shares27.9 M216.2 M
Capital Research Global InvestorsCommon Shares2.7 M21.2 M
Royce Associates LpCommon Shares2.7 M20.7 M
Bank Of America CorpCommon SharesM8.1 M
Blackrock IncCommon Shares702.8 K5.4 M
Vanguard Group IncCommon Shares557.3 K4.3 M
Point72 Asset Management LpPut Options500 K3.9 M
Jb Capital Partners LpCommon Shares473 K3.7 M
National Bank Of CanadaCall OptionsK3.1 M
Note, although Joann's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Joann Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Joann or Consumer Cyclical sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Joann's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Joann stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.09
β
Beta against DOW1.87
σ
Overall volatility
4.87
Ir
Information ratio -0.0026

Joann Volatility Alert

Joann Inc exhibits very low volatility with skewness of 0.11 and kurtosis of 0.32. However, we advise investors to further study Joann Inc technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Joann's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Joann's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Joann Fundamentals Vs Peers

Comparing Joann's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Joann's direct or indirect competition across all of the common fundamentals between Joann and the related equities. This way, we can detect undervalued stocks with similar characteristics as Joann or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Joann's fundamental indicators could also be used in its relative valuation, which is a method of valuing Joann by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Joann to competition
FundamentalsJoannPeer Average
Return On Equity5.20 %(0.31) %
Return On Asset0.77 %(0.14) %
Profit Margin0.28 %(1.27) %
Operating Margin4.37 %(5.51) %
Current Valuation2.18 B16.62 B
Shares Outstanding41.18 M571.82 M
Shares Owned by Insiders5.24 %10.09 %
Shares Owned by Institutions95.53 %39.21 %
Number of Shares Shorted3.32 M4.71 M
Price to Earning3.39 X28.72 X
Price to Book1.90 X9.51 X
Price to Sales0.12 X11.42 X
Revenue2.34 B9.43 B
Gross Profit1.21 B27.38 B
EBITDA102.4 M3.9 B
Net Income6.5 M570.98 M
Cash and Equivalents22.3 M2.7 B
Cash per Share0.55 X5.01 X
Total Debt1.83 B5.32 B
Current Ratio1.52 X2.16 X
Book Value Per Share3.56 X1.93 K
Cash Flow from Operations(102.3 M)971.22 M
Short Ratio14.83 X4.00 X
Earnings Per Share2.00 X3.12 X
Price to Earnings To Growth(1.64) X4.89 X
Number of Employees5.06 K18.84 K
Market Capitalization279.21 M19.03 B
Last Dividend Paid0.44
   Joann exotic insider transaction detected [view details]

Joann Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Joann . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Joann Buy or Sell Advice

When is the right time to buy or sell Joann Inc? Buying financial instruments such as Joann Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Joann in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Driverless Cars Theme
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Please see Joann Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Joann's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Joann. If investors know Joann will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Joann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Joann's market value can be influenced by many factors that don't directly affect Joann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine Joann value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.