Q3 2024 EPS Estimates for Johnson Outdoors Inc. (NASDAQ:JOUT) Reduced by Analyst

Johnson Outdoors Inc. (NASDAQ:JOUT) – Research analysts at Sidoti Csr dropped their Q3 2024 earnings per share (EPS) estimates for Johnson Outdoors in a report issued on Monday, May 6th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.57 per share for the quarter, down from their prior forecast of $0.70. The consensus estimate for Johnson Outdoors’ current full-year earnings is $1.72 per share. Sidoti Csr also issued estimates for Johnson Outdoors’ Q1 2025 earnings at $0.32 EPS.

Johnson Outdoors Price Performance

Shares of JOUT opened at $37.95 on Wednesday. Johnson Outdoors has a 12 month low of $37.21 and a 12 month high of $63.53. The stock has a fifty day moving average price of $43.31 and a 200 day moving average price of $47.01. The company has a market cap of $390.28 million, a P/E ratio of 80.74, a PEG ratio of 1.57 and a beta of 0.75.

Johnson Outdoors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 11th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, April 10th. This represents a $1.32 annualized dividend and a dividend yield of 3.48%. Johnson Outdoors’s dividend payout ratio is currently 280.85%.

Institutional Trading of Johnson Outdoors

A number of large investors have recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of Johnson Outdoors during the fourth quarter worth approximately $2,996,000. Skylands Capital LLC raised its stake in Johnson Outdoors by 86.6% during the 3rd quarter. Skylands Capital LLC now owns 68,658 shares of the company’s stock valued at $3,755,000 after acquiring an additional 31,858 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Johnson Outdoors by 39.3% during the 3rd quarter. Gamco Investors INC. ET AL now owns 110,400 shares of the company’s stock worth $6,038,000 after acquiring an additional 31,172 shares during the period. ProShare Advisors LLC grew its stake in shares of Johnson Outdoors by 17.3% in the first quarter. ProShare Advisors LLC now owns 163,026 shares of the company’s stock worth $7,517,000 after purchasing an additional 23,987 shares in the last quarter. Finally, Isthmus Partners LLC increased its holdings in shares of 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 purchasing an additional 22,833 shares during the period. Institutional investors and hedge funds own 64.05% of the company’s stock.

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.