News coverage about Johnson Outdoors (NASDAQ:JOUT) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Johnson Outdoors earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2875483342966 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Shares of JOUT Up 69.6% Since Uptrend Call on Shares (mysmartrend.com)
- Reviewing Johnson Outdoors (JOUT) and Acushnet Holdings Corp. (GOLF) (americanbankingnews.com)
- Sturm, Ruger & (RGR) vs. Johnson Outdoors (JOUT) Head-To-Head Survey (americanbankingnews.com)
- Zacks: Brokerages Anticipate Johnson Outdoors Inc. (JOUT) Will Post Quarterly Sales of $81.97 Million (americanbankingnews.com)
- Head to Head Survey: Johnson Outdoors (NASDAQ:JOUT) versus Callaway Golf (ELY) (americanbankingnews.com)
Johnson Outdoors (JOUT) opened at 61.15 on Friday. The stock’s 50 day moving average price is $52.50 and its 200-day moving average price is $42.20. The stock has a market cap of $601.23 million, a PE ratio of 18.89 and a beta of 0.77. Johnson Outdoors has a 12 month low of $28.55 and a 12 month high of $64.39.
Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings data on Friday, August 4th. The company reported $1.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.63. Johnson Outdoors had a return on equity of 12.90% and a net margin of 6.85%. The business had revenue of $155.27 million for the quarter, compared to the consensus estimate of $149.29 million. Analysts anticipate that Johnson Outdoors will post $3.49 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, July 27th. Investors of record on Thursday, July 13th were given a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, July 11th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.59%. Johnson Outdoors’s dividend payout ratio is currently 11.15%.
Several brokerages recently issued reports on JOUT. Zacks Investment Research upgraded Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $66.00 price target for the company in a report on Wednesday, August 9th. BidaskClub upgraded Johnson Outdoors from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 9th. Forward View upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. Imperial Capital upped their price objective on Johnson Outdoors from $49.00 to $63.00 and gave the company an “outperform” rating in a research note on Monday, August 7th. They noted that the move was a valuation call. Finally, ValuEngine upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Johnson Outdoors currently has a consensus rating of “Buy” and an average target price of $53.00.
In related news, Director Terry E. London sold 1,127 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $59.81, for a total value of $67,405.87. The transaction was disclosed in a filing with the SEC, which is available through this link. 28.03% 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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