Joann Stock Target Price and Analyst Consensus

JOAN -  USA Stock  

USD 7.84  0.03  0.38%

The current analyst and expert consensus on Joann is Buy, with 1 strong sell and 5 strong buy opinions. The current projected Joann target price consensus is 14.57 with 7 analyst opinions. The most common way Joann Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Joann executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Joann. We strongly encourage you to use your own analysis of Joann Inc to validate this buy or sell advice. Joann buy-or-sell recommendation module provides average expert sentiment on the projected Joann Inc target price to derive its highest and lowest estimates based on projected price volatility of 5.472. Please see Macroaxis Advice on Joann to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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Gross Profit is expected to rise to about 1.4 B this year. Profit Margin is expected to rise to 0.05 this year.

Joann Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Joann target price is determined by taking all analyst projections and averaging them out. 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 target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions8
Lowered Outlook0
Raized Outlook0
Buy
Most Joann analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Joann stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Joann Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Joann Target Price Projection

Joann's current and average target prices are 7.84 and 14.57, respectively. The current price of Joann is the price at which Joann Inc is currently trading. On the other hand, Joann's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Joann Market Quote on 23rd of May 2022

Low Price7.84Odds
High Price7.84Odds

7.84

Target Price

Analyst Consensus On Joann Target Price

Low Estimate10.0Odds
High Estimate24.0Odds
Number of Analysts7
Standard Deviation5.472

14.571

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Joann Inc and the information provided on this page.

Joann Analyst Ratings

Joann's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Joann stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Joann's financials, market performance, and future outlook by experienced professionals. Joann's historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About Joann Target Price Projections

Joann's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Joann Inc and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Joann depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Joann Inc including analysis of its current option contracts.
Joann's latest option contracts expiring on 2022-06-17 are carrying combined implied volatility of 119.79 with a put-to-call open interest ratio of 5.23 over 16 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-06-17. The current put volume is at 9, with calls trading at the volume of 10. This yields a 0.9 put-to-call volume ratio. The Joann option chain provides detailed quote and price information for the current Joann Inc option contracts. It shows all of Joann's listed puts, calls, expiration dates, strike prices, and other pricing information.
Joann's stock options are financial instruments that give investors the right to buy or sell shares of Joann Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Joann stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Joann's stock price goes up or down, the stock options follow.
Please see Macroaxis Advice on Joann to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Joann Inc In The Money Call Balance

When Joann's strike price is surpassing the current stock price, the option contract against Joann Inc stock is said to be in the money. When it comes to buying Joann's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on Joann Inc are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Joann Current Options Market Mood

Joann's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Joann Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Joann's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Joann's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Joann's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Joann Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Joann is a key component of Joann valuation and have some predictive power on the future returns of a Joann.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Joann's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Joann in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.647.5511.46
Details
Intrinsic
Valuation
LowReal ValueHigh
5.359.2613.17
Details
Naive
Forecast
LowNext ValueHigh
2.456.3610.28
Details
Earnings
Estimates (1)
LowProjected EPSHigh
1.681.681.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Joann. Your research has to be compared to or analyzed against Joann's peers to derive any actionable benefits. When done correctly, Joann's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Joann Inc.

Additional Joann Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Joann is a key component of Joann valuation and have some predictive power on the future returns of a Joann.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Joann's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Joann in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.647.5511.46
Details
Intrinsic
Valuation
LowReal ValueHigh
5.359.2613.17
Details
Naive
Forecast
LowNext ValueHigh
2.456.3610.28
Details
Earnings
Estimates (1)
LowProjected EPSHigh
1.681.681.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Joann. Your research has to be compared to or analyzed against Joann's peers to derive any actionable benefits. When done correctly, Joann's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Joann Inc.

Currently Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested over 90 shares
Software
Invested few shares
Please see Macroaxis Advice on Joann to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Joann Stock analysis

When running Joann Inc price analysis, check to measure Joann's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joann is operating at the current time. Most of Joann's value examination focuses on studying past and present price action to predict the probability of Joann's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Joann's price. Additionally, you may evaluate how the addition of Joann to your portfolios can decrease your overall portfolio volatility.
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The data published in Joann's official financial statements usually reflect Joann's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Joann Inc. For example, before you start analyzing numbers published by Joann accountants, it's critical to develop an understanding of what Joann's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Joann's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Joann's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Joann's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Joann Inc. Please utilize our Beneish M Score to check the likelihood of Joann's management to manipulate its earnings.