FY2024 EPS Estimates for Johnson Outdoors Inc. (NASDAQ:JOUT) Reduced by Analyst

Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) - Sidoti Csr dropped their FY2024 earnings estimates for shares of Johnson Outdoors in a report released on Monday, May 6th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $1.13 for the year, down from their prior estimate of $1.72. The consensus estimate for Johnson Outdoors' current full-year earnings is $1.72 per share. Sidoti Csr also issued estimates for Johnson Outdoors' Q4 2024 earnings at ($0.03) EPS, Q2 2025 earnings at $0.89 EPS, Q4 2025 earnings at $0.32 EPS and FY2025 earnings at $2.84 EPS.

Johnson Outdoors Stock Up 0.2 %

Shares of Johnson Outdoors stock traded up $0.06 during midday trading on Thursday, hitting $38.01. The company's stock had a trading volume of 55,653 shares, compared to its average volume of 47,583. The stock has a 50-day simple moving average of $43.15 and a 200-day simple moving average of $46.95. The firm has a market capitalization of $390.89 million, a P/E ratio of 80.87, a PEG ratio of 1.57 and a beta of 0.75. Johnson Outdoors has a 1-year low of $37.21 and a 1-year high of $63.53.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JOUT. SG Americas Securities LLC acquired a new stake in shares of Johnson Outdoors during the 4th quarter valued at about $101,000. Strs Ohio bought a new stake in Johnson Outdoors in the third quarter worth $114,000. BNP Paribas Financial Markets increased its position in Johnson Outdoors by 47.9% during the first quarter. BNP Paribas Financial Markets now owns 3,175 shares of the company's stock worth $146,000 after buying an additional 1,029 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Johnson Outdoors during the 3rd quarter worth about $239,000. Finally, Autumn Glory Partners LLC acquired a new position in Johnson Outdoors during the third quarter valued at approximately $255,000. 64.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Outdoors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 11th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend was Wednesday, April 10th. Johnson Outdoors's dividend payout ratio (DPR) is 280.85%.

About Johnson Outdoors

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.