Shares of Johnson Outdoors Inc. (NASDAQ:JOUT) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Analysts have set a 1 year consensus target price of $71.00 for the company and are predicting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given Johnson Outdoors an industry rank of 32 out of 265 based on the ratings given to related companies.

A number of research firms have recently weighed in on JOUT. ValuEngine downgraded shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research downgraded shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, Imperial Capital restated an “outperform” rating and set a $70.00 price target (up previously from $63.00) on shares of Johnson Outdoors in a report on Friday, December 15th.

In other news, Director Richard Case Sheahan sold 4,434 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $61.65, for a total transaction of $273,356.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 28.03% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the stock. Nordea Investment Management AB acquired a new position in Johnson Outdoors in the 2nd quarter valued at $174,000. Dynamic Technology Lab Private Ltd acquired a new position in Johnson Outdoors in the 3rd quarter valued at $206,000. First Trust Advisors LP acquired a new position in Johnson Outdoors in the 2nd quarter valued at $226,000. The Manufacturers Life Insurance Company grew its stake in Johnson Outdoors by 11.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,775 shares of the company’s stock valued at $231,000 after buying an additional 488 shares during the last quarter. Finally, Credit Suisse AG grew its stake in Johnson Outdoors by 9.6% in the 1st quarter. Credit Suisse AG now owns 6,711 shares of the company’s stock valued at $245,000 after buying an additional 586 shares during the last quarter. Institutional investors and hedge funds own 61.31% of the company’s stock.

Johnson Outdoors (JOUT) opened at $62.77 on Friday. The firm has a market cap of $627.65, a price-to-earnings ratio of 17.68 and a beta of 0.67. Johnson Outdoors has a twelve month low of $31.25 and a twelve month high of $76.18.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 11th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, January 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.64%. Johnson Outdoors’s dividend payout ratio is currently 11.27%.

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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.

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