Comparing Joint (NASDAQ:JYNT) and CorVel (NASDAQ:CRVL)

Joint (NASDAQ:JYNT) and CorVel (NASDAQ:CRVL) are both healthcare companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, risk, valuation, profitability and institutional ownership.

Analyst Recommendations

This is a summary of current recommendations for Joint and CorVel, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint	1	2	0	0	1.67
CorVel	0	1	0	0	2.00

Profitability

This table compares Joint and CorVel’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joint	6.49%	12.02%	3.47%
CorVel	11.72%	29.92%	17.82%

Volatility and Risk

Joint has a beta of 1.05, indicating that its stock price is 5% more volatile than the S&P 500. Comparatively, CorVel has a beta of 0.97, indicating that its stock price is 3% less volatile than the S&P 500.

Insider & Institutional Ownership

76.9% of Joint shares are owned by institutional investors. Comparatively, 51.4% of CorVel shares are owned by institutional investors. 30.2% of Joint shares are owned by insiders. Comparatively, 39.7% of CorVel shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Joint and CorVel”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Joint	$54.90 million	2.16	$2.91 million	$0.27	31.09
CorVel	$958.53 million	3.83	$110.34 million	$2.25	31.99

CorVel has higher revenue and earnings than Joint. Joint is trading at a lower price-to-earnings ratio than CorVel, indicating that it is currently the more affordable of the two stocks.

Summary

CorVel beats Joint on 10 of the 12 factors compared between the two stocks.

About Joint

The Joint Corp. operates and franchises chiropractic clinics in the United States. The company operates in two segments, Corporate Clinics and Franchise Operations. The Joint Corp. was incorporated in 2010 and is headquartered in Scottsdale, Arizona.

About CorVel

CorVel Corporation provides workers’ compensation, auto, liability, and health solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.