News articles about Johnson Outdoors (NASDAQ:JOUT) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Johnson Outdoors earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.3607294028961 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Johnson Outdoors (JOUT) traded up 1.34% during mid-day trading on Monday, hitting $65.93. The stock had a trading volume of 12,043 shares. The stock has a market cap of $648.22 million, a P/E ratio of 20.36 and a beta of 0.74. The stock has a 50-day moving average price of $60.69 and a 200 day moving average price of $46.24. Johnson Outdoors has a 52 week low of $31.25 and a 52 week high of $66.53.
Johnson Outdoors (NASDAQ:JOUT) last posted its quarterly earnings data on Friday, August 4th. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.63. The company had revenue of $155.27 million for the quarter, compared to the consensus estimate of $149.29 million. Johnson Outdoors had a net margin of 6.85% and a return on equity of 12.90%. On average, equities analysts forecast that Johnson Outdoors will post $3.49 EPS for the current fiscal year.
JOUT has been the subject of several recent research reports. ValuEngine upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research downgraded Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. BidaskClub downgraded Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Imperial Capital increased their price target on Johnson Outdoors from $49.00 to $63.00 and gave the company an “outperform” rating in a report on Monday, August 7th. They noted that the move was a valuation call. Finally, Forward View upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. Three investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $67.00.
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In related news, Director Terry E. London sold 1,127 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $59.81, for a total value of $67,405.87. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Thomas F. Pyle, Jr. sold 1,950 shares of the company’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $64.23, for a total transaction of $125,248.50. The disclosure for this sale can be found here. In the last three months, insiders sold 4,077 shares of company stock worth $255,814. 28.42% of the stock is currently owned by insiders.
Johnson Outdoors Company Profile
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.
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