Media coverage about Johnson Outdoors (NASDAQ:JOUT) has trended somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Johnson Outdoors earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.6866856318971 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- Johnson Outdoors Posts Record-High Third Quarter Earnings (finance.yahoo.com)
- Johnson Outdoor posts 3Q profit (finance.yahoo.com)
- Edited Transcript of JOUT earnings conference call or presentation 4-Aug-17 3:00pm GMT (finance.yahoo.com)
- Johnson Outdoors Inc. (JOUT) Posts Quarterly Earnings Results, Beats Expectations By $0.63 EPS (americanbankingnews.com)
- Johnson Outdoors Inc. (JOUT) to Release Earnings on Friday (americanbankingnews.com)
Several research analysts have recently commented on JOUT shares. ValuEngine raised Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub raised Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research downgraded Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. Forward View raised Johnson Outdoors from a “sell” rating to a “hold” rating in a report on Tuesday, May 9th. Finally, Imperial Capital upped their price objective on Johnson Outdoors from $44.00 to $49.00 and gave the stock an “outperform” rating in a report on Tuesday, May 9th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $44.00.
Shares of Johnson Outdoors (JOUT) traded up 3.95% during mid-day trading on Friday, hitting $54.95. 120,908 shares of the company’s stock traded hands. Johnson Outdoors has a 52 week low of $27.97 and a 52 week high of $56.99. The company has a market cap of $539.61 million, a PE ratio of 24.26 and a beta of 0.77. The firm has a 50-day moving average of $47.87 and a 200 day moving average of $40.08.
Johnson Outdoors (NASDAQ:JOUT) last released its quarterly earnings data on Friday, August 4th. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.63. The business had revenue of $155.27 million during the quarter, compared to analyst estimates of $149.29 million. Johnson Outdoors had a net margin of 4.97% and a return on equity of 8.73%. Equities research analysts predict that Johnson Outdoors will post $2.87 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 27th. Shareholders of record on Thursday, July 13th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, July 11th. This represents a $0.36 dividend on an annualized basis and a yield of 0.66%. Johnson Outdoors’s dividend payout ratio is currently 11.15%.
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About Johnson Outdoors
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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