FY2025 EPS Estimates for Johnson Outdoors Cut by Sidoti Csr

Johnson Outdoors Inc. (NASDAQ:JOUT) – Stock analysts at Sidoti Csr cut their FY2025 earnings per share estimates for Johnson Outdoors in a research report issued to clients and investors on Wednesday, October 30th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $1.44 for the year, down from their previous estimate of $1.70. The consensus estimate for Johnson Outdoors’ current full-year earnings is $0.07 per share.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings results on Monday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.06). The firm had revenue of $172.47 million during the quarter, compared to analysts’ expectations of $176.14 million. Johnson Outdoors had a negative net margin of 1.42% and a negative return on equity of 1.65%. During the same quarter in the previous year, the firm posted $1.44 EPS.

Separately, StockNews.com raised shares of Johnson Outdoors from a “sell” rating to a “hold” rating in a research report on Thursday, August 8th.

Johnson Outdoors Stock Up 1.5 %

NASDAQ:JOUT opened at $32.08 on Thursday. The stock has a market capitalization of $330.42 million, a price-to-earnings ratio of -39.60, a PEG ratio of 1.61 and a beta of 0.70. Johnson Outdoors has a 52 week low of $31.60 and a 52 week high of $55.30. The firm has a 50 day moving average of $35.18 and a 200 day moving average of $36.52.

Johnson Outdoors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Wednesday, October 9th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.11%. The ex-dividend date was Wednesday, October 9th. Johnson Outdoors’s payout ratio is -162.96%.

Institutional Trading of Johnson Outdoors

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Johnson Outdoors by 13.9% in the first quarter. Vanguard Group Inc. now owns 346,115 shares of the company’s stock worth $15,959,000 after buying an additional 42,314 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Johnson Outdoors by 39.5% during the 1st quarter. Gamco Investors INC. ET AL now owns 248,300 shares of the company’s stock worth $11,449,000 after purchasing an additional 70,300 shares during the period. ProShare Advisors LLC increased its holdings in shares of Johnson Outdoors by 17.3% during the 1st quarter. ProShare Advisors LLC now owns 163,026 shares of the company’s stock valued at $7,517,000 after purchasing an additional 23,987 shares in the last quarter. Empowered Funds LLC lifted its stake 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 valued at $748,000 after purchasing an additional 1,225 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Johnson Outdoors by 33.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 75,530 shares of the company’s stock worth $2,734,000 after buying an additional 19,013 shares in the last quarter. 64.05% of the stock is owned by hedge funds and other institutional investors.

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.