Sidoti Csr Predicts Weaker Earnings for Johnson Outdoors

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

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

Johnson Outdoors Stock Performance

JOUT traded down $0.54 during midday trading on Thursday, hitting $31.83. The stock had a trading volume of 29,198 shares, compared to its average volume of 50,753. The company has a market cap of $327.88 million, a P/E ratio of 68.87, a price-to-earnings-growth ratio of 1.40 and a beta of 0.70. Johnson Outdoors has a 1 year low of $31.76 and a 1 year high of $55.30. The business has a fifty day moving average of $35.26 and a 200 day moving average of $36.56.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.06). The business had revenue of $172.47 million for 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 period in the previous year, the firm posted $1.44 EPS.

Institutional Trading of Johnson Outdoors

Several institutional investors and hedge funds have recently added to or reduced their stakes in JOUT. nVerses Capital LLC increased its stake in Johnson Outdoors by 100.0% in the 3rd quarter. nVerses Capital LLC now owns 800 shares of the company's stock worth $29,000 after acquiring an additional 400 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Johnson Outdoors by 47.9% in the 1st quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company's stock worth $146,000 after acquiring an additional 1,029 shares during the last quarter. Gabelli Funds LLC increased its stake in Johnson Outdoors by 6.1% in the 2nd quarter. Gabelli Funds LLC now owns 20,900 shares of the company's stock worth $731,000 after acquiring an additional 1,200 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Johnson Outdoors by 8.2% in the 1st quarter. Empowered Funds LLC now owns 16,213 shares of the company's stock worth $748,000 after purchasing an additional 1,225 shares during the period. Finally, Lazard Asset Management LLC purchased a new position in Johnson Outdoors during the 1st quarter valued at $101,000. Institutional investors own 64.05% of the company's stock.

Johnson Outdoors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Investors of record on Wednesday, October 9th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend was Wednesday, October 9th. Johnson Outdoors's dividend payout ratio (DPR) is presently 280.85%.

About Johnson Outdoors

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.