Sidoti Csr Analysts Decrease Earnings Estimates for Johnson Outdoors Inc. (NASDAQ:JOUT)

Johnson Outdoors Inc. (NASDAQ:JOUT) – Investment analysts at Sidoti Csr dropped their Q4 2024 earnings per share (EPS) estimates for shares of Johnson Outdoors in a research report issued to clients and investors on Monday, April 29th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.14 for the quarter, down from their previous estimate of $0.16. The consensus estimate for Johnson Outdoors’ current full-year earnings is $2.67 per share.

Johnson Outdoors (NASDAQ:JOUT) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.23. The business had revenue of $138.64 million for the quarter, compared to analyst estimates of $140.44 million. Johnson Outdoors had a return on equity of 3.47% and a net margin of 2.82%. During the same quarter in the previous year, the company posted $0.57 EPS.

Johnson Outdoors Stock Down 0.0 %

Shares of JOUT stock opened at $41.01 on Wednesday. The stock’s fifty day simple moving average is $43.97 and its 200 day simple moving average is $47.51. Johnson Outdoors has a twelve month low of $40.24 and a twelve month high of $64.71. The firm has a market capitalization of $421.58 million, a P/E ratio of 23.98, a P/E/G ratio of 1.10 and a beta of 0.74.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th were given a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, April 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.22%. Johnson Outdoors’s dividend payout ratio (DPR) is presently 77.19%.

Institutional Investors Weigh In On Johnson Outdoors

A number of institutional investors have recently made changes to their positions in JOUT. Legacy Financial Group LLC bought a new stake in shares of Johnson Outdoors in the 3rd quarter valued at about $28,000. Bank of New York Mellon Corp grew its position in shares of Johnson Outdoors by 2.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 76,188 shares of the company’s stock valued at $4,167,000 after buying an additional 2,055 shares during the last quarter. Diversified Investment Strategies LLC grew its position in shares of Johnson Outdoors by 2.5% in the 3rd quarter. Diversified Investment Strategies LLC now owns 19,140 shares of the company’s stock valued at $1,047,000 after buying an additional 475 shares during the last quarter. Strs Ohio bought a new stake in shares of Johnson Outdoors in the 3rd quarter valued at about $114,000. Finally, Skylands Capital LLC grew its position in shares of Johnson Outdoors by 86.6% in the 3rd quarter. Skylands Capital LLC now owns 68,658 shares of the company’s stock valued at $3,755,000 after buying an additional 31,858 shares during the last quarter. Institutional investors own 64.05% of the company’s stock.

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.