Equities Analysts Issue Forecasts for JOUT FY2025 Earnings

Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) - Sidoti Csr cut their FY2025 earnings per share (EPS) estimates for shares of Johnson Outdoors in a report issued on Wednesday, October 30th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $1.44 for the year, down from their previous estimate of $1.70. The consensus estimate for Johnson Outdoors' current full-year earnings is $0.07 per share.

Separately, StockNews.com upgraded Johnson Outdoors from a "sell" rating to a "hold" rating in a research note on Thursday, August 8th.

Johnson Outdoors Stock Performance

Shares of JOUT stock traded down $0.75 on Thursday, reaching $31.62. The stock had a trading volume of 42,146 shares, compared to its average volume of 50,826. The stock has a market cap of $325.72 million, a P/E ratio of -39.04, a price-to-earnings-growth ratio of 1.40 and a beta of 0.70. Johnson Outdoors has a 1 year low of $31.60 and a 1 year high of $55.30. The company has a 50 day simple moving average of $35.26 and a 200 day simple moving average of $36.56.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.06). The firm had revenue of $172.47 million during the quarter, compared to analysts' expectations of $176.14 million. Johnson Outdoors had a negative return on equity of 1.65% and a negative net margin of 1.42%. During the same quarter last year, the business earned $1.44 earnings per share.

Johnson Outdoors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Investors of record on Wednesday, October 9th were given a dividend of $0.33 per share. The ex-dividend date was Wednesday, October 9th. This represents a $1.32 annualized dividend and a yield of 4.17%. Johnson Outdoors's dividend payout ratio (DPR) is presently -162.96%.

Hedge Funds Weigh In On Johnson Outdoors

Several institutional investors and hedge funds have recently bought and sold shares of JOUT. Prosperity Consulting Group LLC purchased a new position in Johnson Outdoors during the first quarter valued at $306,000. BNP Paribas Financial Markets raised its holdings in Johnson Outdoors by 47.9% during the first quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company's stock valued at $146,000 after acquiring an additional 1,029 shares during the period. Empowered Funds LLC raised its holdings in Johnson Outdoors by 8.2% during the first quarter. Empowered Funds LLC now owns 16,213 shares of the company's stock valued at $748,000 after acquiring an additional 1,225 shares during the period. Isthmus Partners LLC raised its holdings in Johnson Outdoors by 83.5% during the first quarter. Isthmus Partners LLC now owns 50,173 shares of the company's stock valued at $2,313,000 after acquiring an additional 22,833 shares during the period. Finally, ProShare Advisors LLC raised its holdings in Johnson Outdoors by 17.3% during the first quarter. ProShare Advisors LLC now owns 163,026 shares of the company's stock valued at $7,517,000 after acquiring an additional 23,987 shares during the period. 64.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Outdoors Company Profile

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.