Sidoti Csr Reduces Earnings Estimates for Johnson Outdoors

Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) - Equities researchers at Sidoti Csr cut their Q1 2025 earnings per share estimates for shares of Johnson Outdoors in a research note issued to investors on Wednesday, December 11th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings of ($1.27) per share for the quarter, down from their previous estimate of ($0.15). The consensus estimate for Johnson Outdoors' current full-year earnings is $1.44 per share. Sidoti Csr also issued estimates for Johnson Outdoors' Q4 2025 earnings at ($0.28) EPS, FY2025 earnings at $0.05 EPS, Q1 2026 earnings at ($0.14) EPS and Q4 2026 earnings at ($0.16) EPS.

Johnson Outdoors Price Performance

JOUT stock traded down $1.00 during midday trading on Monday, hitting $37.20. The company's stock had a trading volume of 86,112 shares, compared to its average volume of 49,763. The company's fifty day moving average price is $33.61 and its 200 day moving average price is $35.31. Johnson Outdoors has a twelve month low of $29.98 and a twelve month high of $53.86. The stock has a market capitalization of $383.20 million, a P/E ratio of -14.31, a PEG ratio of 1.75 and a beta of 0.71.

Hedge Funds Weigh In On Johnson Outdoors

Institutional investors have recently added to or reduced their stakes in the company. Deprince Race & Zollo Inc. increased its stake in shares of Johnson Outdoors by 35.8% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 223,814 shares of the company's stock worth $7,829,000 after purchasing an additional 59,016 shares during the last quarter. Skylands Capital LLC lifted its position in shares of Johnson Outdoors by 43.7% in the second quarter. Skylands Capital LLC now owns 161,900 shares of the company's stock valued at $5,663,000 after buying an additional 49,200 shares during the last quarter. Acuitas Investments LLC bought a new position in shares of Johnson Outdoors during the 2nd quarter worth approximately $1,515,000. Wallace Capital Management Inc. boosted its stake in shares of Johnson Outdoors by 11.2% during the 3rd quarter. Wallace Capital Management Inc. now owns 370,329 shares of the company's stock worth $13,406,000 after acquiring an additional 37,433 shares during the period. Finally, Rice Hall James & Associates LLC raised its stake in Johnson Outdoors by 71.5% in the 3rd quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company's stock valued at $2,614,000 after acquiring an additional 30,100 shares during the period. 64.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Outdoors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, January 9th will be issued a dividend of $0.33 per share. The ex-dividend date is Thursday, January 9th. This represents a $1.32 annualized dividend and a yield of 3.55%. Johnson Outdoors's payout ratio is presently -50.77%.

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.