Media headlines about Johnson Outdoors (NASDAQ:JOUT) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Johnson Outdoors earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.9450683552942 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Johnson Outdoors (JOUT) opened at $72.81 on Friday. The stock has a market capitalization of $701.25, a P/E ratio of 25.06 and a beta of 0.67. Johnson Outdoors has a 12 month low of $31.25 and a 12 month high of $76.18.
Several research firms have recently commented on JOUT. ValuEngine downgraded Johnson Outdoors from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, Forward View reaffirmed a “buy” rating and issued a $72.00 price objective on shares of Johnson Outdoors in a research note on Sunday, September 3rd. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Johnson Outdoors presently has a consensus rating of “Buy” and an average target price of $67.00.
In related news, Director Thomas F. Pyle, Jr. sold 1,000 shares of Johnson Outdoors stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $63.16, for a total transaction of $63,160.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 3,950 shares of company stock worth $255,429 in the last three months. 28.03% of the stock is owned by corporate insiders.
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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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