News headlines about Johnson Outdoors (NASDAQ:JOUT) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Johnson Outdoors earned a news impact score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.0616456707999 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
A number of equities analysts have issued reports on JOUT shares. Zacks Investment Research raised Johnson Outdoors from a “hold” rating to a “strong-buy” rating and set a $73.00 target price for the company in a report on Tuesday, December 19th. Imperial Capital reaffirmed an “outperform” rating and issued a $70.00 target price (up previously from $63.00) on shares of Johnson Outdoors in a report on Friday, December 15th. Sidoti started coverage on Johnson Outdoors in a report on Friday, January 19th. They issued a “neutral” rating for the company. Finally, BidaskClub cut Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $74.00.
Shares of NASDAQ JOUT traded down $0.69 during trading on Friday, reaching $62.91. The company had a trading volume of 11,156 shares, compared to its average volume of 36,274. Johnson Outdoors has a 12 month low of $32.98 and a 12 month high of $76.18. The firm has a market capitalization of $635.62, a PE ratio of 20.43 and a beta of 0.53.
Johnson Outdoors (NASDAQ:JOUT) last released its quarterly earnings results on Friday, February 2nd. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.63. Johnson Outdoors had a return on equity of 15.95% and a net margin of 6.10%. The firm had revenue of $116.58 million for the quarter, compared to analyst estimates of $97.22 million. analysts forecast that Johnson Outdoors will post 3.83 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 26th. Shareholders of record on Thursday, April 12th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Wednesday, April 11th. This is a positive change from Johnson Outdoors’s previous quarterly dividend of $0.10. Johnson Outdoors’s payout ratio is 12.99%.
In other Johnson Outdoors news, VP David W. Johnson sold 1,000 shares of the company’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $62.31, for a total value of $62,310.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 18.50% of the company’s stock.
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About Johnson Outdoors
Johnson Outdoors Inc designs, manufactures, and markets outdoor equipment, diving, watercraft, and marine electronics products worldwide. The company's Fishing segment offers battery-powered fishing motors for trolling or primary propulsion, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.
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