News headlines about Johnson Outdoors (NASDAQ:JOUT) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Johnson Outdoors earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.1983946094006 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research analysts have commented on the stock. Imperial Capital raised their target price on shares of Johnson Outdoors from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, August 7th. They noted that the move was a valuation call. ValuEngine upgraded shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub upgraded shares of Johnson Outdoors from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $66.00 target price for the company in a report on Wednesday, August 9th. Finally, Forward View upgraded shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a report on Friday, August 4th. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Johnson Outdoors currently has a consensus rating of “Buy” and a consensus price target of $67.00.
Johnson Outdoors (NASDAQ JOUT) traded up 1.14% during mid-day trading on Friday, hitting $66.64. 29,752 shares of the company traded hands. The company’s 50-day moving average price is $61.60 and its 200 day moving average price is $46.85. Johnson Outdoors has a one year low of $31.25 and a one year high of $67.09. The company has a market capitalization of $655.20 million, a price-to-earnings ratio of 20.58 and a beta of 0.74.
Johnson Outdoors (NASDAQ:JOUT) last issued its quarterly earnings data on Friday, August 4th. The company reported $1.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.63. Johnson Outdoors had a return on equity of 12.90% and a net margin of 6.85%. The business had revenue of $155.27 million during the quarter, compared to analyst estimates of $149.29 million. On average, analysts anticipate that Johnson Outdoors will post $3.49 earnings per share for the current fiscal year.
In related news, Director Thomas F. Pyle, Jr. sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $63.16, for a total value of $63,160.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Terry E. London sold 1,127 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $59.81, for a total value of $67,405.87. The disclosure for this sale can be found here. Insiders sold a total of 4,077 shares of company stock valued at $255,814 over the last quarter. 28.03% of the stock is owned by insiders.
Johnson Outdoors Company Profile
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.
Receive News & Ratings for Johnson Outdoors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Outdoors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.