Q4 2024 EPS Estimates for Johnson Outdoors Inc. Reduced by Analyst (NASDAQ:JOUT)

Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) - Equities research analysts at Sidoti Csr dropped their Q4 2024 earnings per share (EPS) estimates for shares of Johnson Outdoors in a research note issued on Monday, April 29th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings of $0.14 per share for the quarter, down from their prior estimate of $0.16. The consensus estimate for Johnson Outdoors' current full-year earnings is $2.67 per share.

Johnson Outdoors Stock Up 2.2 %

Shares of NASDAQ:JOUT traded up $0.90 during midday trading on Wednesday, reaching $41.91. 38,168 shares of the company traded hands, compared to its average volume of 44,315. Johnson Outdoors has a 12 month low of $40.24 and a 12 month high of $64.71. The firm has a market capitalization of $430.83 million, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 1.10 and a beta of 0.74. The firm's fifty day moving average price is $43.91 and its two-hundred day moving average price is $47.47.

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.23. Johnson Outdoors had a return on equity of 3.47% and a net margin of 2.82%. The company had revenue of $138.64 million for the quarter, compared to analyst estimates of $140.44 million. During the same period in the previous year, the company posted $0.57 EPS.

Hedge Funds Weigh In On Johnson Outdoors

Institutional investors have recently added to or reduced their stakes in the business. Legacy Financial Group LLC bought a new position in Johnson Outdoors in the 3rd quarter worth about $28,000. SG Americas Securities LLC bought a new position in Johnson Outdoors in the 4th quarter worth about $101,000. Strs Ohio bought a new position in Johnson Outdoors in the 3rd quarter worth about $114,000. BNP Paribas Financial Markets increased its position in shares of Johnson Outdoors by 47.9% during the 1st quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company's stock valued at $146,000 after purchasing an additional 1,029 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Johnson Outdoors during the 3rd quarter valued at about $239,000. 64.05% of the stock is currently owned by institutional investors.

Johnson Outdoors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Investors of record on Thursday, April 11th were paid a dividend of $0.33 per share. The ex-dividend date was Wednesday, April 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.15%. Johnson Outdoors's payout ratio is 77.19%.

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.