IMAC Holdings, Inc. (BACK)

NASDAQ: BACK · IEX Real-Time Price · USD
0.393
-0.005 (-1.18%)
Oct 6, 2022 10:31 AM EDT - Market open
-1.18%
Market Cap 10.54M
Revenue (ttm) 16.78M
Net Income (ttm) -11.56M
Shares Out 26.80M
EPS (ttm) -0.46
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 27,246
Open 0.405
Previous Close 0.398
Day's Range 0.393 - 0.420
52-Week Range 0.351 - 1.490
Beta -0.65
Analysts Buy
Price Target 5.10 (+1,196.4%)
Earnings Date Nov 8, 2022

About BACK

IMAC Holdings, Inc. owns, manages, and subleases a chain of innovative medical advancements and care regeneration centers in the United States. The company's outpatient medical clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with sports injuries, ligament and tendon damage, and other related soft tissue conditions, as well as back, knee, and joint pains. It also provides physical therapy and spinal decompression, and chiropractic manipulation. The company owns or manages 15 outpatient medica... [Read more...]

Industry Medical Care Facilities
IPO Date Feb 13, 2019
Employees 154
Stock Exchange NASDAQ
Ticker Symbol BACK
Full Company Profile

Financial Performance

In 2021, IMAC Holdings's revenue was $14.39 million, an increase of 12.08% compared to the previous year's $12.84 million. Losses were -$10.54 million, 90.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BACK stock is "Buy." The 12-month stock price forecast is 5.1, which is an increase of 1,196.39% from the latest price.

Price Target
$5.1
(1,196.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IMAC Holdings, Inc. Announces Completion of Third Cohort of its Phase 1 Clinical Study of Umbilical Cord-Derived Mese...

BRENTWOOD, Tenn., Sept. 09, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: BACK) (“IMAC” or “the Company”), today announces it has completed the third cohort of its Phase 1 clinical trial for its...

3 weeks ago - GlobeNewsWire

Biote Announces Strategic Partnership with IMAC Holdings, Inc.

IRVING, Texas--(BUSINESS WIRE)--biote Corp. (Nasdaq: BTMD) (“Biote” or the “Company”), a high growth, differentiated medical practice-building business within the hormone optimization space, today annou...

Other symbols: BTMD
4 weeks ago - Business Wire

IMAC Holdings, Inc. Announces Addition of Medical Weight Loss Services to IMAC Regeneration Centers

BRENTWOOD, Tenn., Sept. 01, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: BACK) (“IMAC” or the “Company”), announces today it is accepting patients for medical weight loss services at IMAC Regen...

1 month ago - GlobeNewsWire

IMAC Holdings, Inc. Announces Closing of $3.9 Million Registered Direct and Private Placement Offerings

BRENTWOOD, Tenn., Aug. 16, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: BACK) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative reha...

1 month ago - GlobeNewsWire

IMAC Holdings Reports Record Revenue of $5M in Second Quarter

Fifth c onsecutive q uarter of c omparable r evenue g rowth from sustainable price improvements

1 month ago - GlobeNewsWire

IMAC Holdings, Inc. Announces $3.9 Million Registered Direct and Private Placement

BRENTWOOD, Tenn., Aug. 12, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: BACK) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative reha...

1 month ago - GlobeNewsWire

IMAC Holdings, Inc. Announces NASDAQ Ticker Symbol Change from “IMAC” to “BACK”

BRENTWOOD, Tenn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), will change its ticker symbol on the NASDAQ Stock Exchange from “IMAC” to “BACK” at the ...

2 months ago - GlobeNewsWire

IMAC Holdings Announces Exploration of Strategic Alternatives to Maximize Shareholder Value

BRENTWOOD, Tenn., July 26, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative reha...

2 months ago - GlobeNewsWire

The Back Company demonstrates strong Q2 growth

The Back Space sequential quarter traffic increased over 100%

3 months ago - GlobeNewsWire

IMAC Holdings, Inc. Announces the Launch of Spinal Health and Wellness Products and Supplements

BRENTWOOD, Tenn., June 15, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), today announces the launch of retail healthcare products for optimal spinal health and w...

3 months ago - GlobeNewsWire

Legendary Investor Peter Lynch Just Bet on IMAC Stock. 9 Things to Know.

IMAC stock is soaring higher today on news that legendary investor Peter Lynch has taken a stake in little-known IMAC Holdings. The post Legendary Investor Peter Lynch Just Bet on IMAC Stock.

4 months ago - InvestorPlace

IMAC Holdings Reports Increased Revenue for the Fourth Consecutive Quarter

BRENTWOOD, Tenn., May 13, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative rehab...

4 months ago - GlobeNewsWire

IMAC Holdings Expands The Back Company Presence in Central Florida

BRENTWOOD, Tenn., April 29, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), today announces the selection of two The Back Space locations in the Orlando metropolit...

5 months ago - GlobeNewsWire

Time to Take Profits on IMAC Stock After Shares Soar on Walmart News

It is time to sell your IMAC stock and make a nice profit on the recent rally because the company hasn't shown the ability to make profits. The post Time to Take Profits on IMAC Stock After Shares Soar ...

5 months ago - InvestorPlace

IMAC Holdings Completes Walmart Pilot Program, Affirms Commitment to Growth

The Company plans to add 20 locations in the next 12 months

5 months ago - GlobeNewsWire

IMAC Holdings Reports Preliminary Fourth Quarter and Year End 2021 Financial Results and Corporate Update

Revenue increased 2 6 % for quarter and 12% annually

6 months ago - GlobeNewsWire

IMAC Holdings launches The Back Company Franchise

E xpansion plan leverages Walmart pilot to meet growing demand for spinal health and wellness

6 months ago - GlobeNewsWire

IMAC Holdings, Inc. Announces Completion of Second Cohort of its Phase 1 Clinical Study of Umbilical Cord-Derived Mes...

BRENTWOOD, Tenn., Feb. 16, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or “the Company”), today announces it has completed the second cohort of its Phase 1 clinical trial for its...

7 months ago - GlobeNewsWire

IMAC Holdings, Inc., Announces Dr. Ben Lerner as Chief Operating Officer

Dr. Lerner, a New York Times best - selling author and holistic health and business expert, bring s healthcare growth experience to IMAC executive team .

7 months ago - GlobeNewsWire

IMAC Holdings, Inc. Enters 2022 with Improved Balance Sheet

Company reduces significant debt in 2021

8 months ago - GlobeNewsWire

IMAC Holdings' The Back Space Launches Interactive Mobile App Guiding Users in their Health and Wellness Journey

Available for Android and Apple users, t he BACK .co app is the first chiropractic app to provide mobile queue registration

8 months ago - GlobeNewsWire

IMAC Holdings, Inc. to Present at H.C. Wainwright BIOCONNECT Virtual Conference

BRENTWOOD, Tenn., Jan. 04, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) today announced that Jeffrey Ervin, Chief Executive Officer of IMAC, will present at the H.C. Wainwright BIOCONNECT...

9 months ago - GlobeNewsWire

IMAC Holdings' The Back Space Announces First Nashville Pilot Location Reaches Milestone of 100 Active Members

Company Continues Expansion of Accessible and Affordable Chiropractic and Spinal Care Services within Walmart Locations

9 months ago - GlobeNewsWire

IMAC Holdings Strengthens Executive Team to Accommodate Rapid Growth

Founding Partner of Ozzie Smith IMAC Regeneration Center Promoted to IMAC Chief of Staff

10 months ago - GlobeNewsWire

IMAC Holdings Reports Third Quarter 2021 Financial Results and Provides Corporate Update

BRENTWOOD, Tenn., Nov. 10, 2021 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative reha...

10 months ago - GlobeNewsWire