IMAC Holdings, Inc. (IMAC)

NASDAQ: IMAC · Delayed Price · USD
0.850
0.035 (4.34%)
At close: May 18, 2022 4:00 PM
0.996
0.145 (17.074%)
Pre-market:May 19, 2022 8:38 AM EDT
Market Cap23.08M
Revenue (ttm)15.22M
Net Income (ttm)-11.71M
Shares Out27.14M
EPS (ttm)-0.47
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,458,881
Open0.761
Previous Close0.815
Day's Range0.750 - 0.990
52-Week Range0.750 - 2.750
Beta-1.72
AnalystsBuy
Price Target3.76 (+342.1%)
Earnings DateMay 12, 2022

About IMAC

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 operates 17 outpatient medical clini...

IndustryHealth Care Providers & Services
IPO DateFeb 13, 2019
Employees154
Stock ExchangeNASDAQ
Ticker SymbolIMAC
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 8 analysts, the average rating for IMAC stock is "Buy." The 12-month stock price forecast is 3.76, which is an increase of 342.14% from the latest price.

Price Target
$3.76
(342.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days 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...

2 weeks 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 ...

1 month ago - InvestorPlace

IMAC Holdings Completes Walmart Pilot Program, Affirms Commitment to Growth

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

1 month 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

1 month ago - GlobeNewsWire

IMAC Holdings launches The Back Company Franchise

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

2 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...

3 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 .

3 months ago - GlobeNewsWire

IMAC Holdings, Inc. Enters 2022 with Improved Balance Sheet

Company reduces significant debt in 2021

4 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

4 months ago - GlobeNewsWire

Best Reddit Penny Stocks To Buy Now? 5 Trending Stocks To Watch Today

What are the best penny stocks to buy today? The post Best Reddit Penny Stocks To Buy Now?

Other symbols:CELZDHCQNRXSEAC
4 months ago - PennyStocks

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...

4 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

5 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

5 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...

6 months ago - GlobeNewsWire

IMAC Holdings' The Back Space Announces Pilot Program Locations and Status

T he Back Space launches Central Florida test market to deliver affordable spinal health and wellness services

6 months ago - GlobeNewsWire

IMAC Holdings' The Back Space Announces the Completion of Two Additional Retail Spinal Care Locations

T he Back Space Continues Its Pilot Store Program in the Nashville market

6 months ago - GlobeNewsWire

IMAC Holdings Expands into Louisiana with Baton Rouge Orthopedic Business

Allen Johnston, M.D. Joins IMAC as a Medical Director,

7 months ago - GlobeNewsWire

IMAC Holdings to Present at Fall Harvest – Best Ideas from the Buy-Side on October 5, 2021

BRENTWOOD, Tenn, Sept. 28, 2021 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative reha...

7 months ago - GlobeNewsWire

IMAC Holdings, Inc. (IMAC) Reports Q2 Loss, Misses Revenue Estimates

IMAC Holdings, Inc. (IMAC) delivered earnings and revenue surprises of 52.94% and -1.81%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

IMAC Holdings Reports Second Quarter 2021 Financial Results

IMAC reports 36% increase in revenues and 70% increase in patient visits as it invests in value-generating assets

9 months ago - GlobeNewsWire

Will IMAC Holdings, Inc. (IMAC) Report Negative Q2 Earnings? What You Should Know

IMAC Holdings, Inc. (IMAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

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

BRENTWOOD, Tenn, July 13, 2021 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or “the Company”), today announces it has initiated the second cohort of its Phase 1 clinical trial for its ...

10 months ago - GlobeNewsWire

The Back Space Announces Next Spinal Care Locations

T he Back Space Continues Its Successful Pilot Program in Tennessee, Expanding into St. Louis

10 months ago - GlobeNewsWire

IMAC Holdings Acquires Active Medical Center in Southwestern Chicago Suburb

Naperville, Ill. purchase to be rebranded Mike Ditka IMAC Regeneration Center

10 months ago - GlobeNewsWire