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

Johnson Outdoors Inc. (NASDAQ:JOUT) – Analysts at Sidoti Csr dropped their Q3 2024 EPS estimates for Johnson Outdoors in a research report issued to clients and investors on Monday, May 6th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings per share of $0.57 for the quarter, down from their prior estimate 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 Stock Up 0.3 %

Shares of Johnson Outdoors stock opened at $37.95 on Wednesday. The business has a fifty day simple moving average of $43.31 and a 200 day simple moving average of $47.01. The stock has a market cap of $390.28 million, a PE ratio of 80.74, a price-to-earnings-growth ratio of 1.57 and a beta of 0.75. Johnson Outdoors has a 12 month low of $37.21 and a 12 month high of $63.53.

Institutional Investors Weigh In On Johnson Outdoors

Several large investors have recently bought and sold shares of the company. ProShare Advisors LLC boosted its holdings 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 valued at $7,517,000 after buying an additional 23,987 shares during the period. Isthmus Partners LLC boosted its stake in Johnson Outdoors by 83.5% in the 1st quarter. Isthmus Partners LLC now owns 50,173 shares of the company’s stock worth $2,313,000 after purchasing an additional 22,833 shares during the period. Empowered Funds LLC boosted its stake in Johnson Outdoors by 8.2% in the 1st quarter. Empowered Funds LLC now owns 16,213 shares of the company’s stock worth $748,000 after purchasing an additional 1,225 shares during the period. BNP Paribas Financial Markets increased its holdings in Johnson Outdoors by 47.9% during the 1st quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company’s stock worth $146,000 after purchasing an additional 1,029 shares in the last quarter. Finally, Prosperity Consulting Group LLC acquired a new stake in shares of Johnson Outdoors in the 1st quarter valued at about $306,000. Institutional investors own 64.05% of the company’s stock.

Johnson Outdoors Announces Dividend

The business also recently announced 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 was Wednesday, April 10th. This represents a $1.32 annualized dividend and a dividend yield of 3.48%. Johnson Outdoors’s payout ratio is currently 280.85%.

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.